BCL Enterprises Limited held a Board of Directors meeting on Tuesday, September 01, 2026, from 04:30 P.M. to 06:30 P.M. The meeting addressed multiple agenda items in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Decisions and Appointments

1. Appointment of Internal Auditor

  • The Board approved the appointment of M/s U. Shanker & Associates, Chartered Accountants (Firm Registration Number: 014497N) as Internal Auditor.
  • Effective from 01st September 2026 for the Financial Year 2026-27.
  • Appointment made pursuant to Section 138 of the Companies Act, 2013 based on Audit Committee recommendation.
  • The firm has extensive experience in Internal Audit, Revenue, Statutory, Concurrent and Stock Audit for Nationalized Banks, and Accounting/Investigative Financial Audit.

2. Resignation of Independent Director

  • Mr. Jeevan Singh Rana (DIN: 07017869) resigned as Independent Director effective from closing of business hours on 01st September 2026.
  • Resignation due to ongoing health issues and pressing family matters.
  • Mr. Rana confirmed no other material reasons for resignation beyond those stated.
  • He ceased to be member of Audit Committee, Nomination and Remuneration Committee, and Stakeholder Responsibility Committee.
  • The Board reconstituted these committees in accordance with applicable regulatory requirements.
  • Mr. Rana held no directorships in other listed entities.

3. Appointment of Additional Independent Director

  • Ms. Priya Binani (DIN: 11797268) appointed as Additional Non-Executive Independent Director effective 01st September 2026.
  • Appointment subject to shareholder approval under Sections 161, 149 and 150 of Companies Act, 2013 and Regulation 17 of SEBI LODR.
  • Ms. Binani is a practicing company secretary and Founder of M/s Priya Binani & Associates with expertise in corporate secretarial functions, regulatory compliance, and due diligence.

4. Annual General Meeting Preparation

  • Board approved draft notice for 41st Annual General Meeting scheduled for Monday, September 28, 2026.
  • Approved Directors' Report, Management Discussion and Analysis, and Corporate Governance Report for year ended March 31, 2026.
  • Fixed cut-off date for e-voting services as Monday, 21st September, 2026.
  • Appointed M/s. Tania Anand & Associates, Practicing Company Secretary as Scrutinizer for remote e-voting process.
  • Approved proposal for reappointment of director(s) retiring by rotation (Ms. Sangita, DIN: 06957418).

5. Reappointment of Managing Director

  • Mr. Mahendra Kumar Sharda (DIN: 00053042) reappointed as Managing Director for 5 years from 01st September, 2026 to 01st September, 2031.
  • Reappointment subject to shareholder approval under Sections 196, 197, 198, 203 of Companies Act, 2013.
  • Mr. Sharda is a Chartered Accountant (qualified 1983) with over two decades of experience in professional accounting and corporate finance consultancy.
  • Associated with BCL Enterprises since 1993 and has been a promoter of the Company since its early years.

6. Reappointment of Statutory Auditor

  • M/s. GHR & Co, Chartered Accountants (FRN: 132149W) reappointed as statutory auditor for 5 years.
  • Term from conclusion of 41st AGM until conclusion of 45th AGM, subject to shareholder approval.
  • Firm established in 2011 offers assurance services led by industry experts.

7. Appointment of Company Secretary & Compliance Officer

  • Ms. Rachna Kabthiyal appointed as Company Secretary & Compliance Officer effective 01st September 2026.
  • Appointment made pursuant to Regulation 6 and 30 read with Part A of Schedule III of SEBI LODR Regulations.
  • Ms. Kabthiyal has LLB degree and is associate member of Institute of Company Secretaries of India with 8 years experience in secretarial and compliance functions.