Meeting Details
The 36th Annual General Meeting will be held on Monday, September 28, 2026 at 11:45 AM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The deemed venue is the Registered Office of the Company at 4GIKUVGTGF-1HſEG-QH-VJG-%QORCP[-CV-#-56+%'-/WUCNICQP-5KPPCT5JKTFK-4QCF-5KPPCT-0CUJKM-/CJCTCUJVTC-422 112.
Voting Arrangements
- Cut-off date for determining shareholders eligible to vote: Monday, September 21, 2026
- Remote e-voting period: Friday, September 25, 2026 (9:00 AM IST) to Sunday, September 27, 2026 (5:00 PM IST)
- Share Transfer Books and Register of Members will be closed from Tuesday, September 22, 2026 to Monday, September 28, 2026 (both days inclusive)
- MUFG Intime India Private Limited appointed to provide e-voting facility on Instavote platform
- Physical attendance dispensed with as per MCA Circulars
Ordinary Business Items
1. Adoption of Audited Standalone Financial Statements
To consider and adopt Audited Standalone Financial Statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors.
2. Adoption of Audited Consolidated Financial Statements
To consider and adopt Audited Consolidated Financial Statements for FY ended March 31, 2026 with report of Auditors.
3. Re-appointment of Mr. Ajay Vedmutha (DIN: 01726879)
Re-appointment as Director liable to retire by rotation. Mr. Vedmutha is Joint Managing Director, age 59 years, holding 34,76,464 shares (10.78% stake). His current remuneration is ₹60 lakh per annum.
4. Ratification of Cost Auditors Remuneration
Ratification of remuneration of ₹1,75,000 plus applicable taxes and business expenses to M/s. Deodhar Joshi & Associates (Registration No. 002146) for conducting cost audit for FY 2026-27.
Special Business Items
5. Remuneration for Mr. Kachardas Ratanchand Bedmutha (DIN: 00715619)
Special resolution to approve increased remuneration of ₹90,00,000 per annum (₹7,50,000 per month) for Mr. Kachardas R. Bedmutha, Whole-time Director designated as Chairman, for period from April 01, 2026 to August 09, 2027. Represents 50% increase from current ₹60 lakh per annum.
6. Remuneration for Mr. Vijay Vedmutha (DIN: 00716056)
Special resolution to approve increased remuneration of ₹90,00,000 per annum (₹7,50,000 per month) for Mr. Vijay Vedmutha, Managing Director, for period from April 01, 2026 to November 13, 2027. Represents 50% increase from current ₹60 lakh per annum.
7. Remuneration for Mr. Ajay Vedmutha (DIN: 01726879)
Special resolution to approve increased remuneration of ₹90,00,000 per annum (₹7,50,000 per month) for Mr. Ajay Vedmutha, Managing Director & CFO, for period from April 01, 2026 to November 13, 2028. Represents 50% increase from current ₹60 lakh per annum.
8. Remuneration for Mrs. Vinita Ajay Vedmutha
Special resolution to approve increased remuneration of ₹75,00,000 per annum for Mrs. Vinita Vedmutha, Senior CEO, who is related party as wife of Mr. Ajay Vedmutha and daughter-in-law of Mr. K.R. Bedmutha.
9. Material Related Party Transaction with MNE Components India Private Limited
Ordinary resolution to approve material RPT for purchase of goods/services (₹80 crore) and sale of goods/services (₹120 crore) totaling ₹200 crore for FY 2026-27. MNE is in business of automobile parts manufacturing/trading where promoters' relatives have interest.
10. Material Related Party Transaction with Arian Innovations Private Limited
Ordinary resolution to approve material RPT for purchase of goods/services (₹7 crore) and sale of goods/services (₹143 crore) totaling ₹150 crore for FY 2026-27. Arian is in metal components business where promoters' relatives have 100% shareholding.
Financial Context
The company reported:
- Income from Operations: ₹1,46,673.59 lakhs for FY 2025-26
- Other Income: ₹1,637.24 lakhs
- Profit Before Interest, Depreciation and Taxes: ₹7,558.96 lakhs
- Net Profit after tax: ₹705.06 lakhs
- Net worth: ₹15,246.69 lakhs
The effective capital of the company is more than ₹250 crores, and maximum ceiling limit for overall executive director remuneration is ₹1.36 crores as per Schedule V of Companies Act.
Promoter Shareholding Details
Total promoter shareholding: 1,84,18,479 shares (57.08%)
- Mr. Kachardas R. Bedmutha: 23,43,553 shares (7.26%)
- Mr. Vijay K. Vedmutha: 34,27,232 shares (10.62%)
- Mr. Ajay K. Vedmutha: 34,76,464 shares (10.78%)
- Mrs. Vinita A. Vedmutha: 16,72,148 shares (5.18%)
- Promoter entities hold additional 45,12,651 shares (13.99%)
Electronic Communication
Notice and Annual Report 2025-26 being sent only through electronic mode to members with registered email addresses. Documents available on company website https://bedmutha.com/investor/ and MUFG Intime website https://instavote.linkintime.co.in.