AGM Details

The 79th Annual General Meeting is scheduled to be held on Thursday, July 23, 2026 at 11:00 A.M. (IST). The meeting will be conducted by Video Conferencing (VC) / Other Audio Visual Means (OAVM), without the physical presence of shareholders, in compliance with MCA General Circular No. 03/2025 dated September 22, 2025. The deemed venue is the Registered Office of the Company at Electric Mansion, 6th Floor, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025.

Business to be Transacted

Ordinary Business:

1. To receive, consider and adopt the Financial Statements for FY 2025-2026, including:

  • Audited Balance Sheet as at March 31, 2026
  • Audited Statement of Profit and Loss for the year ended March 31, 2026
  • Statement of Cash Flows for the year ended March 31, 2026
  • Reports of the Board of Directors and Auditors

2. To declare a dividend of ₹35 per fully paid-up equity share (700% on face value of ₹5 each) for the Financial Year 2025-2026.

3. To appoint a director in place of Mr. Sanjiv N. Shah (DIN: 00007211), Non-executive (Non-Independent) Director, who retires by rotation and offers himself for re-appointment.

4. To appoint a director in place of Mr. Jairaj C. Thacker (DIN: 00108552), Non-executive (Non-Independent) Director, who retires by rotation and offers himself for re-appointment.

Special Business:

5. To consider and approve the ratification of remuneration payable to the Cost Auditors of the Company, Messrs. R. Nanabhoy & Co., Cost Accountants (Firm Registration No. 000010), for the Financial Year 2026-2027. The remuneration amounts to ₹1,49,000 plus applicable tax and reimbursement of out-of-pocket expenses incurred during the course of audit.

Record Date and Voting Information

  • Record Date for determining members entitled to vote: Wednesday, July 15, 2026
  • Remote e-voting period: Commences at 9:00 a.m. on Monday, July 20, 2026 and ends at 5:00 p.m. on Wednesday, July 22, 2026
  • Shareholders who have already voted through remote e-voting prior to the AGM will not be entitled to vote again during the meeting
  • The Register of Shareholders and Share Transfer Books will remain closed from Thursday, July 16, 2026 to Thursday, July 23, 2026 (both days inclusive)

Dividend Payment Details

If approved by members, the dividend shall be paid on or after Monday, August 3, 2026, subject to deduction of tax at source (TDS) to:

  • Members whose name appears in the Register of Members after giving effect to valid share transfers/transmission/transposition in physical form lodged with the Company or its RTA on or before July 15, 2026
  • Beneficial Owners whose name appears in the list of Beneficial Owners Position list as on the closing hours of July 15, 2026, furnished by NSDL and CDSL

Director Profiles

Mr. Sanjiv N. Shah (DIN: 00007211)
  • Age: 68 years (Date of Birth: March 2, 1958)
  • First appointed to the Board: August 14, 2002
  • Qualifications: B.A. in Economics and Statistics (University of Mumbai), B.Sc. in Economics (London School of Economics), Member of Institute of Chartered Accountants in England and Wales
  • Current Role: Partner in M/s. Sanjiv N. Shah & Co., Chartered Accountants
  • Specialization: Financial Services Industry
  • Remuneration for FY 2025-2026: ₹8,50,000 in sitting fees
  • Shareholding: 9,120 equity shares of ₹5 each as of March 31, 2026
  • Board Meeting Attendance: 5 out of 5 meetings in FY 2025-2026
Mr. Jairaj C. Thacker (DIN: 00108552)
  • Age: 74 years (Date of Birth: December 3, 1951)
  • First appointed to the Board: August 14, 2002
  • Qualifications: Degree in Commerce
  • Current Roles: Managing Director of Golden Chemicals Pvt. Ltd., Managing Trustee of Narsee Monjee Educational Trust, President of Dr. Balabhai Nanavati Hospital
  • Remuneration for FY 2025-2026: ₹3,25,000 in sitting fees
  • Shareholding: Nil as of March 31, 2026
  • Board Meeting Attendance: 4 out of 5 meetings in FY 2025-2026

Cost Auditor Appointment Rationale

The Company has received a Consent Letter dated April 08, 2026, from Messrs R. Nanabhoy & Co., Cost Accountants, for appointment as Cost Auditors for FY 2026-2027. This represents a change from M/s. P.M. Nanabhoy & Co., who were previously engaged, for administrative convenience.

Additional Information

  • The Annual Report for FY 2025-2026 is available on the Company's website
  • Members can request hard copies of the Annual Report by email to investorcare@bharatbijlee.com
  • SEBI has mandated that dividend payments to security holders holding securities in physical form shall be paid only through electronic mode effective April 1, 2024
  • The Company transferred ₹93,405 of unclaimed dividend pertaining to FY 2017-2018 to the IEPF during 2025
  • 3,432 corresponding equity shares on which dividend remained unclaimed for seven consecutive years were transferred to the IEPF Account during 2025