Pradeep Metals Limited Convenes Equity Shareholders' Meeting on June 12, 2026 to Vote on Amalgamation Scheme

Pradeep Metals Limited has announced a meeting of its equity shareholders scheduled for Friday, June 12, 2026, at 5:00 P.M. (IST), to be conducted through video conferencing (VC) / other audio-visual means (OAVM). The meeting has been convened pursuant to an order dated April 8, 2026, passed by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, in connection with a proposed Scheme of Amalgamation.

Scheme of Amalgamation Details

The meeting has been called to consider, and if thought fit, approve the Scheme of Amalgamation of Nami Capital Private Limited ("NCPL" or Transferor Company) with Pradeep Metals Limited ("PML" or Transferee Company) and their respective shareholders, under Sections 230 to 232 of the Companies Act, 2013. The scheme is being processed before the National Company Law Tribunal, Mumbai Bench, under case reference C.A./CAA/213MB/2025.

Key details of the applicant companies involved in the scheme are as follows:

Parameter: Details Transferor Company: Nami Capital Private Limited (NCPL) Transferor Registered Office: Plot No. PAP-R-302,303,304,305, TTC Industrial Area, MIDC, Rabale, Navi Mumbai, Maharashtra, India, 400701 Transferor CIN: U99999MH1994PTC081920 Transferee Company: Pradeep Metals Limited (PML) Transferee Registered Office: R-205, TTC Industrial Area, MIDC, Rabale, Navi Mumbai, Maharashtra, India, 400701 Transferee CIN: L99999MH1982PLC026191

Meeting and Voting Schedule

The company dispatched notices to equity shareholders on May 8, 2026, and published newspaper advertisements on May 9, 2026, in the Financial Express (Maharashtra Edition, English) and Navshakti (Maharashtra Edition, Marathi). The dispatch cut-off date for identifying eligible shareholders was Friday, May 1, 2026. The cut-off date for determining voting eligibility is Friday, June 5, 2026.

Equity shareholders have been provided with the facility to vote electronically. The remote e-voting schedule is as follows:

Event: Date and Time Remote e-voting start: Tuesday, June 9, 2026 at 9:00 AM (IST) Remote e-voting end: Thursday, June 11, 2026 at 5:00 P.M. (IST) e-voting at the Meeting: Friday, June 12, 2026 (upon announcement by Chairperson)

Since the meeting is being held through VC/OAVM, physical attendance has been dispensed with, and the facility of appointment of proxies will not be available. Shareholders who exercise their right to vote through remote e-voting may attend the meeting but will not be permitted to vote again at the meeting.

Chairperson and Scrutinizer Appointments

The NCLT has appointed the following officials for the conduct of the meeting:

Chairperson: Ms. Nisha Luthra (Ex IRS and ex MD, NFDC), and failing her, Mr. Jayavardhan Dhar Diwan (DIN: 01563319), Independent Director of Pradeep Metals Limited

Scrutinizer: CS Shweta Gokarn, Practicing Company Secretary (Membership No. ACS 30393), and failing her, CS Elias Rodrigues, Practicing Company Secretary (Membership No. FCS 14742)

Access to Documents and Results

The Notice of the Meeting, along with accompanying documents, is available on the company's website at www.pradeepmetals.com and on the NSDL e-voting website at https://www.evoting.nsdl.com . Physical copies of the Scheme and the Statement under Section 230(3) may be obtained free of charge from the registered office of the company or by written request to investor@pradeepmetals.com . The scheme, if approved by the meeting, will be subject to subsequent approval by the NCLT. Voting results will be announced by the Chairperson after the conclusion of the meeting upon receipt of the scrutinizer's report, and will be displayed on the company's website and on the NSDL website.

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