Meeting Details

The 33rd Annual General Meeting was held on Friday, July 31, 2026, commencing at 11:00 AM and concluding at 11:37 AM IST, conducted through Video Conferencing (VC) / Other Audio Video Means (OAVM) from Hyderabad.

Attendance Details

Members Present:

  • Promoters and Promoter Group: 3 members
  • Public shareholders: 75 members

Directors Present:

At Registered Office, Hyderabad:

  • Mr. A. Arvind Kumar (Executive Director and CEO)
  • Mrs. Lalitha Sree Singavarapu (Non-Executive, Non-Independent Woman Director)

Through Video Conferencing:

  • Mr. Kishor Shah (Chairman, Non-Executive Independent Director)
  • Mr. S. Chandra Sekhar (Managing Director)
  • Mr. G.S.V. Krishna Rao (Non-Executive Independent Director, Chairman of Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee)
  • Mr. Suresh Kumar Somani (Non-Executive Non-Independent Director)
  • Dr. G. Aruna (Non-Executive Independent Woman Director)

Key Management Personnel Present at Venue:

  • Sri. Ranjit Kumar Kilaru (Chief Financial Officer)
  • Smt. Sharanya. M (Company Secretary & Compliance Officer)

Other Officials Present at Venue:

  • Mr. Venkat Sai (Whole Time Director of wholly owned subsidiary Bheema Fine Chemicals Private Limited)

Auditors Present Through VC:

  • Sri. Rajendra Kankaria (R. Kankaria & Uttam Singhi, Chartered Accountants, Statutory Auditors)
  • Sri. Navjyoth Puttaparthi (Secretarial Auditor)
  • Sri. Sunesh Agarwal (Internal Auditor)

Scrutiniser Present Through VC:

  • Sri. Puttaparthi Jagannatham (Scrutiniser)

Meeting Proceedings

The Company Secretary confirmed compliance with MCA and SEBI circulars for virtual AGM conduct. National Securities Depository Limited (NSDL) was appointed to conduct remote e-voting and e-voting during AGM.

The Chairman satisfied quorum requirements and commenced proceedings. The Notice of 33rd AGM, Directors' Report with Annexures, Financial Statements for year ended March 31, 2026, along with Statutory Auditors' Report and Secretarial Auditors Report were taken as read. Both audit reports were unqualified without adverse observations.

The Chairman addressed members on business and economic environment, company performance for FY ended March 31, 2026, and company prospects. Shareholders asked questions regarding company operations, wholly owned subsidiary, and future plans, which were addressed by the Chairman and Executive Director & CEO.

Voting Details

Remote e-voting was available from 9:00 AM on Monday, July 27, 2026, to 5:00 PM on Thursday, July 30, 2026. Additional voting was permitted for 15 minutes after the meeting. Combined results of remote e-voting and e-voting (Insta-poll) will be placed on company website (https://www.bhagirad.com/) and stock exchange websites, and uploaded on NSDL website.

Resolutions Passed

Ordinary Business:

1. Ordinary Resolution: Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026, along with Reports of Board of Directors and Auditors

2. Ordinary Resolution: Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026, along with Report of Auditors

3. Ordinary Resolution: Declaration of final dividend on equity shares at 15% (₹0.15 per equity share of face value ₹1 each) for FY ended March 31, 2026

4. Ordinary Resolution: Re-appointment of Mr. Suresh Kumar Somani (DIN: 00031096) as Non-Executive Non-Independent Director retiring by rotation

Special Business:

5. Ordinary Resolution: Ratification of remuneration of Cost Auditors for financial year 2026-27

All resolutions were passed with requisite majority and deemed passed on July 31, 2026. Voting results will be notified to stock exchanges in format specified under Regulation 44 of SEBI LODR Regulations and made available on company website.