Meeting Details

  • Date: Wednesday, 30th September 2026
  • Time: 11:00 A.M. IST
  • Location/Type: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The registered office of the company at Plot No. 9/13/1 & P-9/14, I.D.A. Nacharam, Hyderabad - 500076, Telangana, India, is the deemed venue.
  • Cut-off Date: Wednesday, 23rd September 2026 (9:00 A.M. IST) to determine members eligible to vote.

Summary of Proposed Resolutions

Ordinary Business

1. Adoption of Financial Statements: To receive, consider, and adopt the audited standalone and consolidated financial statements for the year ended 31st March 2026, along with the reports of the Board of Directors and Auditors.

2. Re-appointment of Director: To appoint Shri Venkateswara Rao Nukala (DIN: 10481800), who retires by rotation, as a director of the company.

Special Business

3. Ratification of Cost Auditor Remuneration: To approve and ratify the payment of ₹25,000 to M/s. Lavanya & Associates LLP as cost auditors for FY 2026-27.

4. Re-appointment of Managing Director: A special resolution to re-appoint Shri Devendra Surana (DIN: 00077296) as Managing Director for a further period of 3 years from 17.01.2027 to 16.01.2030 at a remuneration of ₹1,60,00,000 per annum plus 1% commission on net profits.

5. Approval for Loans/Guarantees under Section 185: A special resolution to authorize the board to provide loans, guarantees, or security up to an aggregate amount of ₹750 crore to subsidiaries, associates, joint ventures, or group entities.

6. Approval for Loans/Investments under Section 186: A special resolution to authorize the board to make loans, give guarantees, provide security, or make investments in other body corporates, with the aggregate amount not exceeding ₹750 crore at any time.

7. Approval of Material Related Party Transactions: An ordinary resolution to approve material related party transactions, specifically with Tieramet Limited (a wholly-owned subsidiary), involving providing loans/guarantees/securities and making investments up to ₹750 crore for FY 2026-27.

Voting Process and Methods

  • E-voting Period: Commences at 9:00 A.M. IST on Sunday, 27th September 2026, and ends at 5:00 P.M. IST on Tuesday, 29th September 2026.
  • E-voting Website: https://evoting.kfintech.com
  • Scrutinizer: Mrs. Rakhi Agarwal, Practicing Company Secretary, Hyderabad, was appointed to scrutinize the voting process.
  • Voting Methods:
  • Remote e-voting: Available to all members registered as of the cut-off date.
  • Voting at AGM: Members attending the AGM via VC/OAVM who did not vote remotely can vote during the meeting. The 'Instapoll' e-voting system will be available for 30 minutes after the chairman declares the commencement of voting.
  • Participation Quorum: Members attending via VC/OAVM are counted for quorum under Section 103 of the Companies Act, 2013.

Key Compliance Information

  • Register of Members Closure: The register of members and share transfer books will remain closed from 24th September 2026 to 30th September 2026 (both days inclusive).
  • Document Availability: The notice and annual report are available on the company's website (www.bhagyanagarindia.com), the websites of BSE Limited (www.bseindia.com) and NSE India Limited (www.nseindia.com), and the RTA's website (https://evoting.kfintech.com).
  • SEBI Compliance: The disclosure is made pursuant to SEBI LODR Regulations, 2015. The company confirms its equity shares are listed on BSE (Scrip Code: 512296) and NSE (Scrip Code: BHAGYANGR), and listing fees have been paid.
  • Companies Act Compliance: The explanatory statement for special business is provided as per Section 102 of the Companies Act, 2013.

Additional Financial and Procedural Information

  • Financial Performance (FY 2025-26): As referenced in the explanatory statement for Item No. 4, the company reported Total Income of ₹1086.92 lakhs, EBITDA (operational) of ₹94.2 lakhs, Profit Before Tax of ₹323.22 lakhs, and Profit After Tax of ₹220.61 lakhs.
  • RTA: KFin Technologies Limited is the Registrar and Transfer Agent. All communications regarding shares should be directed to them.
  • IEPF: Members are reminded that unclaimed dividends and shares are transferred to the IEPF Authority after seven consecutive years. Claims must be made via Form IEPF-5 on www.iepf.gov.in.
  • Dematerialization: Members are strongly advised to dematerialize shares held in physical form, as physical transfer is no longer permitted per SEBI regulations.
  • Senior Citizen Support: KFintech has a dedicated cell (senior.citizen@kfintech.com) and toll-free number (1-800-309-40086) for investors aged 60 and above.