Plaza Wires Share Price Today

Plaza Wires 20th AGM passes all 11 resolutions with majority

Plaza Wires held its 20th AGM on September 29, 2026, passing all 11 resolutions with requisite majority. Resolution 1 adopting FY26 financial statements received 3,05,72,083 votes in favour, representing 98.979% of valid votes. Sanjay Gupta was re-appointed as Chairman and Managing Director, with 1,46,97,418 votes in favour (97.897%). All four independent director re-appointments and the Cost Auditor remuneration ratification each received 98.978% votes in favour. Statutory Auditors M/s Shailendra Goel & Associates issued an unqualified report with no adverse remarks for the year ended March 31, 2026.

Plaza Wires AGM: reappoints Gupta family directors, independent board members

Plaza Wires holds 20th AGM on September 29, 2026. Remote e-voting opens September 26 and closes September 28. Gupta family executives seek reappointment with unchanged pay. Four independent directors seek second five-year terms.

Plaza Wires secures ₹4.82 Cr loan from PNB under ECLGS 5.0

Plaza Wires entered into a loan agreement with Punjab National Bank on June 25, 2026, securing a Working Capital Term Loan of ₹4.82 Cr under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0. The loan, backed by a 100% guarantee from NCGTC and a charge on existing and new assets, is intended to support the company's business operations.

Plaza Wires FY26 net profit rises 153% to ₹73.03 million

Plaza Wires Limited reported a 153.3% year-on-year increase in net profit to ₹73.03 million for the financial year ended March 31, 2026, driven by a 45.8% surge in revenue from operations. Revenue from operations for the year rose to ₹3,180.58 million from ₹2,181.75 million in the previous year. For the quarter ended March 31, 2026, net profit stood at ₹39.05 million, while revenue from operations was ₹1,115.27 million. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. M/s Shailendra Goel & Associates, Statutory Auditors, issued an audit report with an unmodified opinion on the standalone financial results. The board appointed M/s BARS & CO., Chartered Accountant, as the internal auditor and M/s Deepak Mittal & Co., Cost Accountants, as the cost auditor for the financial year 2026-27. The company's total income for FY26 increased to ₹3,184.04 million from ₹2,190.07 million in FY25. Total expenses for the year amounted to ₹3,084.42 million, up from ₹2,150.93 million in the previous year. Profit before tax for the year improved to ₹99.62 million from ₹39.14 million. Basic earnings per share (EPS) for the year rose to ₹1.67 from ₹0.66 in the prior year. The auditors drew attention to an order in appeal upholding a demand confirmed in an original order received by the company from the Commissioner (Appeals). The company, supported by external expert advice, intends to challenge the order before the Appellate Authority. The company also recognised an incremental impact of ₹2.52 million due to changes in labour codes during the year under employee benefits expenses. Total assets as of March 31, 2026, stood at ₹1,827.16 million, compared to ₹1,636.58 million a year ago. Total equity increased to ₹1,295.72 million from ₹1,222.06 million. Trade receivables rose to ₹759.26 million from ₹621.55 million, while borrowings increased to ₹320.87 million from ₹252.07 million. Cash and bank balances at the end of the year were ₹0.35 million. Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Plaza Wires Limited submitted copies of newspaper advertisements published on May 31, 2026, informing about the extract of audited financial results. The advertisements were published in the English daily Financial Express and the Hindi daily Jansatta.

Plaza Wires Limited Submits Quarterly Compliance Certificate for Q4 FY26

Plaza Wires Limited has submitted its mandatory quarterly compliance certificate under SEBI Regulation 74(5) for Q4 FY26 ended March 31, 2026. The certificate, issued by registrar KFIN Technologies Limited on April 1, 2026, confirms that all required details of securities dematerialization and rematerialization have been furnished to stock exchanges. This submission demonstrates the company's commitment to regulatory compliance and transparency in depository operations.