The Board considered, approved, and took on record the following matters:
1. Annual Reports and Certifications:
- Approved the Board's Report along with all annexures, Management Discussion & Analysis Report, and Corporate Governance Report for the year ended 31st March 2026.
- Took note of the Secretarial Audit Report and other certificates for Financial Year 2025-26 issued by CS Twinkle Agarwal, Practicing Company Secretary.
2. Director Appointments:
- Mr. Amit Bharat Agrawal (DIN: 10729588) was appointed as Additional Non-Executive Independent Director effective 04th September 2026 for a 5-year term, subject to shareholder approval at the ensuing AGM. He is a Fellow Chartered Accountant (FCA) with over a decade of experience in audit, taxation, and corporate advisory.
- Mr. Prakash Shyamsundar Modi (DIN: 02394585) was appointed as Additional Non-Executive Independent Director effective 04th September 2026 for a 5-year term, subject to shareholder approval. He is a Fellow Member of ICAI with over three decades of experience in accounting and taxation services.
- Mr. Premkumar Pawankumar Goyal (DIN: 01908812) was appointed as Non-Executive, Non-Independent Director effective 04th September 2026, liable to retire by rotation, subject to shareholder approval. He has 40 years of experience in transport, logistics, print media, construction, and crane rentals.
- All appointed directors confirmed they are not debarred from holding office by SEBI or any other authority.
- The Board recommended the re-appointment of Mr. Navaneet Lal Damani (DIN: 02904305), who is retiring by rotation.
3. Capital Structure Changes:
- Approved an increase in the authorized share capital from ₹24 Crores (2,40,00,000 equity shares of ₹10 each) to ₹32 Crores (3,20,00,000 equity shares of ₹10 each), subject to member approval.
- Approved consequential alteration of Clause 5 of the Memorandum of Association.
4. Corporate Name Change:
- Took note of ROC/MCA approval received on September 4, 2026, for reserving the name "DREAMAX ENTERPRISES LIMITED" for the proposed change from "BALGOPAL COMMERCIAL LIMITED."
- Noted the NOC received from M/s Dreamax Developers Private Limited, registered proprietor of the "DREAMAX" trademark, consenting to the use of the name.
- Approved placing the name change proposal before members at the ensuing AGM, with consequential alteration of the Memorandum of Association.
5. Related Party Transactions:
- Approved entering into certain Material Related Party Transactions with related parties and seeking shareholder approval in terms of Regulation 23 of SEBI LODR.
6. 44th Annual General Meeting (AGM) Arrangements:
- Approved the Notice of the 44th AGM to be held on Wednesday, 30th September 2026 at 4:00 PM at the Registered Office.
- Approved the closure of the Register of Members and Share Transfer Books from 24th September 2026 to 30th September 2026 (both days inclusive) for the AGM.
- Approved 23rd September 2026 as the Record Date for e-voting.
- Appointed CS Nitesh Chaudhary as Scrutinizer to conduct the poll during the AGM.
- Authorized Mr. Vijay Laltaprasad Yadav (Managing Director) and Mr. Ankit Ladha (Company Secretary) to be responsible for conducting the 44th AGM and the entire voting process.