Meeting Details
- Date: 28th August 2026
- Time: 10:00 AM to 11:49 AM
- Location: Held through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Type of Meeting: 72nd Annual General Meeting
- Record Date: 21st August 2026
- Total Shareholders on Record Date: 2,671,416
Proposed Resolutions and Implications
The AGM considered eight resolutions:
1. Ordinary Resolution: Adoption of audited financial statements and consolidated financial statements for the year ended 31 March 2026, along with reports of Board of Directors and Auditors.
2. Ordinary Resolution: Confirmation of interim dividend of ₹1.95 (195%) per equity share and declaration of final dividend of ₹0.55 (55%) per equity share for FY 2025-26.
3. Ordinary Resolution: Re-appointment of Mr. Rajnish Sharma (DIN: 10738394) as retiring Director.
4. Ordinary Resolution: Ratification of Remuneration of the Cost Auditor.
5. Ordinary Resolution: Increase in Authorised Share Capital of the Company.
6. Special Resolution: Alteration of the Capital Clause in the Memorandum of Association.
7. Ordinary Resolution: Appointment of Mr. Ambrish Tripathi (DIN: 11888363) as Director.
8. Ordinary Resolution: Appointment of Mr. Anoop Kumar Rai (DIN: 11888162) as Director.
Voting Process and Methods
The voting was conducted through:
- Remote e-voting: Open from 9:00 AM on 24th August 2026 to 5:00 PM on 27th August 2026
- E-voting at AGM: Conducted during the meeting on 28th August 2026
- Scrutinizer: M/s. Thirupal Gorige & Associates LLP was appointed to scrutinize the e-voting process
Key Voting Outcomes
Overall Participation
- Total Votes Cast: 6,326,934,803 shares (86.5544% of total outstanding shares)
- Promoter & Promoter Group Participation: 3,737,921,934 shares (100% of their holding)
- Public Institutions Participation: 2,587,601,628 shares (91.0518% of their holding)
- Public Non-Institutions Participation: 1,411,241 shares (0.1933% of their holding)
Resolution-wise Results
Resolution 1 (Adoption of Financial Statements):
- Total Votes: 6,326,934,803
- In Favor: 6,258,761,756 (98.9225%)
- Against: 68,173,047 (1.0775%)
- Result: Passed
Resolution 2 (Dividend Declaration):
- Total Votes: 6,329,672,484
- In Favor: 6,329,622,604 (99.9992%)
- Against: 49,880 (0.0008%)
- Result: Passed
Resolution 3 (Re-appointment of Director):
- Total Votes: 6,328,408,528
- In Favor: 5,386,550,626 (85.117%)
- Against: 941,857,902 (14.883%)
- Result: Passed
Resolution 4 (Cost Auditor Remuneration):
- Total Votes: 6,328,489,524
- In Favor: 6,328,373,003 (99.9982%)
- Against: 116,521 (0.0018%)
- Result: Passed
Resolution 5 (Increase in Authorized Capital):
- Total Votes: 6,328,505,724
- In Favor: 6,312,454,587 (99.7464%)
- Against: 16,051,137 (0.2536%)
- Result: Passed
Resolution 6 (Alteration of MOA):
- Total Votes: 6,328,487,892
- In Favor: 6,288,855,408 (99.3737%)
- Against: 39,632,484 (0.6263%)
- Result: Passed
Resolution 7 (Appointment of Director):
- Total Votes: 6,323,139,368
- In Favor: 5,529,721,362 (87.4522%)
- Against: 793,418,006 (12.5478%)
- Result: Passed
Resolution 8 (Appointment of Director):
- Total Votes: 6,323,140,154
- In Favor: 5,553,357,570 (87.8259%)
- Against: 769,782,584 (12.1741%)
- Result: Passed
Attendance by Category
- Promoters & Promoter Group: 1 member attended through VC
- Public: 142 members attended through VC
- No shareholders attended in person or through proxy
Scrutinizer's Role and Findings
- Scrutinizer: M/s. Thirupal Gorige & Associates LLP (Thirupal Gorige, Designated Partner)
- Appointment Date: 27th July 2026
- Report Date: 28th August 2026
- Findings: All votes were valid; no invalid votes were found across all shareholder categories
- The scrutinizer confirmed the remote e-voting period from 24th to 27th August 2026 and the unblocking of votes after the AGM conclusion
Compliance Statement
The company confirmed compliance with:
- Companies Act, 2013
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies (Management and Administration) Rules, 2014
- All resolutions were passed with requisite majority as required by applicable laws
Additional Information
- NSE Symbol: BEL