Palco Metals Share Price Today

Palco Metals Q2FY27 Results: Consolidated net profit rises 87% YoY

Consolidated net profit for Q2FY27 rose 87% YoY to ₹62.88 lakh. Consolidated revenue from operations declined 22% YoY to ₹5,848.66 lakh. Standalone entity reported zero revenue and a loss of ₹2.20 lakh. H1FY27 consolidated net profit increased to ₹214.71 lakh from ₹59.83 lakh.

Palco Metals adopts FY26 financials, re-appoints Naman Naredi at 65th AGM

Palco Metals adopted FY26 audited financial statements at its 65th AGM. Naman Naredi re-appointed as director with 99.90% votes in favour. Public non-institutional shareholders cast 2,250 votes against resolutions. Quorum met with 2,268,506 shares representing 56.71% of equity.

Palco Metals Q4FY26 Results: Consolidated net profit rises 1% to ₹638.4 lakh

Consolidated revenue rose 19.2% YoY to ₹29,318.14 lakh. Net profit grew modestly by 1.2% to ₹638.42 lakh. Standalone loss widened to ₹39.31 lakh due to higher finance costs. NCLT approved amalgamation scheme with subsidiary Palco Recycle Industries.

Palco Metals unsecured creditors approve amalgamation with Palco Recycle

Palco Metals Limited obtained approval from its unsecured creditors for the Scheme of Amalgamation with Palco Recycle Industries Limited. The resolution was passed with 93.33% support by value at a meeting held on July 27, 2026, complementing the earlier shareholder approval and advancing the corporate restructuring process.

Palco Metals EGM set for merger approval on Jul 27

Palco Metals Limited has scheduled an Extraordinary General Meeting on July 27, 2026, to seek shareholder approval for the amalgamation of its wholly-owned subsidiary, Palco Recycle Industries Limited. The merger, effective April 1, 2025, aims to streamline operations and consolidate assets.

NCLT allows Palco Metals first motion for scheme of arrangement

The National Company Law Tribunal (NCLT), Ahmedabad Bench, has allowed the first motion application for the proposed scheme of arrangement between Palco Metals Limited and Palco Recycle Industries Limited. The order dated June 16, 2026, directs the convening of meetings for equity shareholders and creditors within 45 days. The scheme remains subject to requisite approvals and final sanction by the NCLT.