Bharat Dynamics 56th AGM Voting Results Approval Business Update
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30th Sep 2026
Regulation 44 SEBI LODR Compliance Submission
Meeting Details
Meeting Type: 56th Annual General Meeting
Date: Monday, 28th September 2026
Time: 03:00 P.M.
Mode: Conducted through Video Conferencing/Other Audio-Visual Means
Cut-off Date: 21st September 2026 for shareholder eligibility
Voting Process and Methods
Remote e-voting period: 9:00 A.M. on 24th September 2026 to 5:00 P.M. on 27th September 2026
E-voting facilitator: National Securities Depository Limited (NSDL)
Scrutinizer: C V Reddy K, Proprietor of C V Reddy K & Associates, Practicing Company Secretaries
Votes unblocked: At 5:30 P.M. on 28 September 2026 in presence of two witnesses (Mrs. Mote Ramya and Mrs. Kartikee Mehta)
Compliance: Conducted per Section 108 of Companies Act, 2013, Rule 20 of Companies (Management and Administration) Rules, 2014, and SEBI LODR Regulations
Resolution Details and Voting Outcomes
Resolution 1 - Ordinary Resolution: Adoption of Financial Statements
Total votes cast: 317,141,771
In favor: 308,229,662 (97.190%)
Against: 8,912,109 (2.810%)
Remote e-voting participants: 984 members
AGM e-voting participants: 5 members
Resolution 2 - Ordinary Resolution: Dividend Declaration
Total votes cast: 317,142,450
In favor: 312,167,795 (98.431%)
Against: 4,974,655 (1.569%)
Remote e-voting participants: 984 members
AGM e-voting participants: 5 members
Resolution 3 - Ordinary Resolution: Re-appointment of Director
Director: Shri Devulapally Venkata Srinivas Rao (DIN: 10652125)
Total votes cast: 317,142,370
In favor: 306,718,604 (96.713%)
Against: 10,423,766 (3.287%)
Remote e-voting participants: 982 members
AGM e-voting participants: 5 members
Resolution 4 - Ordinary Resolution: Cost Auditor Remuneration Ratification
Total votes cast: 317,141,557
In favor: 317,136,224 (99.998%)
Against: 5,333 (0.002%)
Remote e-voting participants: 980 members
AGM e-voting participants: 5 members
Resolution 5 - Ordinary Resolution: Appointment of Director (Production)
Director: Cmde. Sujay Kapoor (DIN: 11520665)
Total votes cast: 317,141,557
In favor: 306,969,347 (96.793%)
Against: 10,172,210 (3.207%)
Remote e-voting participants: 981 members
AGM e-voting participants: 5 members
Resolution 6 - Ordinary Resolution: Appointment of Chairman & Managing Director
Director: Shri Shailesh Vagerwal (DIN: 11362136)
Total votes cast: 317,142,240
In favor: 312,040,416 (98.391%)
Against: 5,101,824 (1.609%)
Remote e-voting participants: 980 members
AGM e-voting participants: 5 members
Resolution 7 - Special Resolution: Appointment of Independent Director
Director: Shri Ankush Munjal (DIN: 06787408)
Total votes cast: 317,141,487
In favor: 312,161,118 (98.430%)
Against: 4,980,369 (1.570%)
Remote e-voting participants: 979 members
AGM e-voting participants: 5 members
Resolution 8 - Special Resolution: Appointment of Independent Director
Director: Smt. Vandana Agarwal (DIN: 11889628)
Total votes cast: 317,141,557
In favor: 308,206,902 (97.183%)
Against: 8,934,655 (2.817%)
Remote e-voting participants: 980 members
AGM e-voting participants: 5 members
Resolution 9 - Special Resolution: Appointment of Independent Director
Director: Shri Pankaj Joshi (DIN: 06385037)
Total votes cast: 317,141,557
In favor: 307,453,653 (96.945%)
Against: 9,687,904 (3.055%)
Remote e-voting participants: 980 members
AGM e-voting participants: 5 members
Scrutinizer's Findings and Conclusion
All votes were reconciled with company records and registrar records
Incomplete or defective votes were treated as invalid and kept separately
Remote e-voting register remains in scrutinizer's custody until minutes are approved
All resolutions (Item Nos. 1 to 9) were passed with requisite majority
Compliance and Signatories
Scrutinizer: C V Reddy K, Company Secretary in Practice (M No: F7976, CP No: 8998)
Company signatory: N. Nagaraja, Company Secretary
Date of report: 30 September 2026
Place: Hyderabad
Witnesses: Mrs. Mote Ramya and Mrs. Kartikee Mehta (neither employed by the company)
Compliance: Fully compliant with Companies Act, 2013, SEBI LODR Regulations, and Secretarial Standard - 2