Meeting Details

The 42nd Annual General Meeting of Bhansali Engineering Polymers Limited was held on Tuesday, July 21, 2026, commencing at 11:30 AM IST. The meeting was conducted through Video Conferencing in accordance with Circular(s) issued by the Ministry of Corporate Affairs.

Attendance and Quorum

The meeting was chaired by Mr. Babula! M. Bhansali, Chairman and Managing Director of the Company. The necessary quorum was confirmed to be present. The Board of Directors, representatives of Statutory Auditors, Internal Auditors, Secretarial Auditors, and Scrutinizer joined the meeting from their respective locations.

Business Items Considered

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with the Report of the Board of Directors and Auditors thereon.

2. Adoption of Audited Consolidated Financial Statements for the financial year ended March 31, 2026, and the Report of Auditors thereon.

3. Declaration of Dividend:

  • Confirmation of payment of Three Interim Dividends of Re. 1/- each (300%) for FY2025-26
  • Declaration of Final Dividend of Re. 1/- each (100%) per Equity Share of Re. 1/- each fully paid up for FY2025-26

4. Appointment of Director: Re-appointment of Mr. Dilip Krushnarao Shendre (DIN: 10566412) who retired by rotation

Special Business:

5. Re-appointment and payment of remuneration to Mr. Dilip Krushnarao Shendre (DIN: 10566412) as Whole Time Director for a period of 3 years effective April 1, 2026, to March 31, 2029

6. Ratification of remuneration payable to the Cost Auditors of the Company for the financial year 2026-27

Voting Process

The Company provided facility for remote e-voting on all resolutions in accordance with Section 108 of the Companies Act, 2013 and Regulation 44 of the Listing Regulations. Shareholders who had not cast votes through remote e-voting could vote electronically during the AGM through the facility provided by the Company's Registrar and Share Transfer Agent, MUFG Intime India Pvt. Ltd. The electronic voting facility remained open for 15 minutes after the conclusion of the AGM.

Auditor Reports

The Reports of the Statutory Auditor and the Secretarial Auditor did not contain any qualifications or adverse remarks and were taken as read during the meeting.

Shareholder Participation

Registered speaker shareholders were given the opportunity to express views and raise concerns, which were collectively responded to by the Chairman.

Document Availability

The Annual Report for 2025-26 was forwarded to shareholders via email. Relevant documents and registers required under the Companies Act, 2013 were available for electronic inspection through a web link hosted on the InstaMeet portal.

Meeting Conclusion

The meeting concluded at 12:23 PM IST. The consolidated results of remote e-voting and e-voting conducted during the AGM were to be announced to the Stock Exchanges and placed on the Company's website as well as the website of MUFG Intime India Pvt. Ltd.