Meeting Details

  • Date: September 18, 2026
  • Time: 3:00 PM to 3:49 PM
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM) without physical presence
  • Type: Annual General Meeting
  • Record Date: September 11, 2026
  • Total Shareholders on Record Date: 14,668

Proposed Resolutions and Implications

The shareholders approved all five resolutions presented:

Ordinary Business:

1. Adoption of Audited Financial Statements: Approval of financial statements for FY ended March 31, 2026, along with reports of Board of Directors and Auditors (Ordinary Resolution)

2. Re-appointment of Director: Re-appointment of Shri Anuraag Poddar (DIN: 00599143) who retired by rotation (Ordinary Resolution)

Special Business:

3. Re-appointment as Chairman & MD: Re-appointment of Shri Anuraag Poddar as Chairman and Managing Director for a further period of 3 years, effective from February 11, 2027 to February 10, 2030 (Special Resolution)

4. Re-appointment as Whole Time Director & CFO: Re-appointment of Shri Manish Malpani (DIN: 0005430) as Whole Time Director and CFO for a further period of 3 years, effective from December 9, 2026 to December 8, 2029 (Special Resolution)

5. Re-appointment as Independent Director: Re-appointment of Prof. (Dr.) Mangesh D. Teli (DIN: 00218899) as Non-Executive Independent Director for a second term of five consecutive years, effective from December 9, 2026 to December 8, 2031 (Special Resolution)

Voting Process and Methods

The voting was conducted through two methods:

1. Remote E-voting: Conducted through NSDL from September 14, 2026 (9:00 AM) to September 17, 2026 (5:00 PM)

2. E-voting at AGM: Conducted during the meeting for shareholders who had not cast votes remotely

No physical voting or show of hands was conducted. The company received authorizations and board resolutions for 11,17,625 equity shares representing 3.47% of paid-up capital.

Key Voting Outcomes

Participation Statistics:

  • Total shares outstanding: 32,219,532
  • Total votes cast: 19,599,847 shares (60.83% of outstanding shares)
  • Shareholders attending through VC: 68 (14 Promoters, 54 Public)
  • No shareholders attended in person or through proxy

Resolution-wise Voting Results:

Resolution 1 (Ordinary - Financial Statements):

  • Votes in favor: 19,599,842 (99.9999%)
  • Votes against: 5 (0.0001%)
  • Members voted: 92 in favor, 1 against

Resolution 2 (Ordinary - Director Re-appointment):

  • Votes in favor: 19,598,842 (99.99%)
  • Votes against: 1,005 (0.01%)
  • Members voted: 91 in favor, 2 against

Resolution 3 (Special - Chairman & MD Re-appointment):

  • Votes in favor: 19,598,842 (99.99%)
  • Votes against: 1,005 (0.01%)
  • Members voted: 91 in favor, 2 against

Resolution 4 (Special - Whole Time Director & CFO Re-appointment):

  • Votes in favor: 19,598,259 (99.9919%)
  • Votes against: 1,588 (0.0081%)
  • Members voted: 90 in favor, 3 against

Resolution 5 (Special - Independent Director Re-appointment):

  • Votes in favor: 19,598,842 (99.9949%)
  • Votes against: 1,005 (0.0051%)
  • Members voted: 91 in favor, 2 against

Category-wise Voting Breakdown:

The promoter group held 19,315,802 shares and voted 94.24% of their holding (18,203,720 shares) entirely in favor of all resolutions. Public institutions held 27 shares but did not vote. Public non-institutions held 12,903,703 shares and voted 10.82% of their holding (1,396,127 shares), with minimal opposition ranging from 0.07% to 0.11% across different resolutions.

Scrutinizer's Role and Findings

Shri Prasen Naithani of P. Naithani & Associates, Practising Company Secretaries was appointed as scrutinizer. His report confirmed:

  • The e-voting process was conducted in compliance with Section 108 of the Companies Act, 2013 and relevant rules
  • Votes were unblocked and downloaded in the presence of two witnesses (Mr. Manvay Gawande and Ms. Aditi Pawar)
  • No invalid votes were cast in any resolution
  • All resolutions passed with requisite/special majority

Compliance Confirmation

The document confirms compliance with:

  • SEBI (LODR) Regulations, 2015 (Regulation 30 and 44)
  • Companies Act, 2013 and Companies (Management and Administration) Rules, 2014
  • MCA Circulars dated April 8, 2020; April 13, 2020; May 5, 2020; January 13, 2021; December 14, 2021; May 5, 2022; December 28, 2022; September 25, 2023; September 19, 2024; and September 22, 2025
  • SEBI Circulars dated May 12, 2020; January 15, 2021; May 13, 2022; January 5, 2023; October 07, 2023; and October 3, 2024

The voting results and scrutinizer's report were displayed on the company website at www.bpml.in.

Other Attendees

The meeting was attended by Directors (Shri Dileep H. Shinde, Prof (Dr) Mangesh D. Teli, Shri Ashok N. Garodia, Smt. Saumya A. Bagrodia, Shri Manish Malpani), representatives of statutory auditors (M/s. D.S.M.R & Co), internal auditors (M/s. K. M. Garg and Co.), secretarial auditors (M/s. GMJ Associates), and the scrutinizer.