Meeting Details
The 33rd Annual General Meeting of Bharat Parenterals Limited was held on Saturday, September 19, 2026 at 11:00 A.M. through Video Conferencing/Other Audio-Visual Means. The meeting commenced at 11:00 A.M. and concluded at 11:30 A.M. (including time allowed for e-voting at AGM).
Attendees
Directors Present:
- Mr. Bharatkumar Desai - Chairman & Managing Director (Chairman of Corporate Social Responsibility Committee)
- Mr. Hemang Shah - Executive Director
- Mr. Shaileshkumar Ghabhawala - Independent Director (Chairman of Audit Committee, Stakeholder Relationship Committee, and Nomination and Remuneration Committee)
- Mr. Mukeshbhai Patel - Independent Director
- Mr. Alkesh Shah - Non-Executive Non-Independent Director
- Mrs. Zankhana Sheth - Independent Director
Key Managerial Personnel:
- Mr. Jignesh Shah - Chief Financial Officer
- Mr. Sharmin Soni - Company Secretary & Compliance Officer
Other Representatives:
- Mr. Bhahim Desai - Director of Strategy and Investors Relations
- Mrs. Himaben Desai - Director of Desai Shares & Stocks Pvt Ltd.
- Mr. Chetan Gandhi - Cost Auditor of the Company
- Mr. Jigar Trivedi - Secretarial Auditor (Jigar Trivedi & Co.) and Scrutinizer of AGM
- Mr. Dhruvik Parikh - Internal Auditor
- Ms. Dhrumi Shah - Representative of Statutory Auditors, M/S. Shah Mehta & Bakshi
Members Present: 31 members attended the meeting.
Proceedings Summary
The Company Secretary introduced the directors and welcomed members, providing general instructions for the meeting conduct. Mr. Bharatkumar Desai was appointed as Chairman of the Meeting.
The meeting was conducted from the company's registered office in Savli, Vadodara, which was deemed the venue. Required registers and documents were available for member inspection.
Annual Report for financial year 2025-26 was circulated to shareholders via email and available on the company website and stock exchange. Directors' Report and Audited Financial Statements were included and taken on record.
Statutory Auditors' report (dated May 18, 2026) and Secretarial Auditors' report (dated August 05, 2026) were both unqualified without any adverse observations or comments, and were taken as read.
Mr. Jigar Trivedi was appointed as Scrutinizer to scrutinize the remote e-voting process and e-voting during the AGM. Results will be declared and posted on the company's website within two working days from the AGM date.
Remote e-voting commenced on September 16, 2026 at 9:00 AM and concluded on September 18, 2026 at 5:00 PM. E-voting facility was also provided during the AGM for members who hadn't voted remotely.
Mr. Bharatkumar Desai addressed members with an overview of financial performance and future outlook.
Resolutions Voted On
The following six resolutions were put to vote by remote e-voting and during the AGM:
1. To receive, consider and adopt the audited financial statements (including consolidated financial statements) for the financial year ended March 31, 2026 together with reports of Directors and Independent Auditors (Ordinary Resolution)
2. To declare a final dividend for the financial year ended March 31, 2026 (Ordinary Resolution)
3. To approve the appointment of Mr. Hemang Shah (DIN: 03024324), who retires by rotation and offers himself for re-appointment (Ordinary Resolution)
4. To re-appoint Mr. Hemang Shah (DIN: 03024324) as an Executive Director of the Company (Ordinary Resolution)
5. To approve and ratify remuneration payable to M/s. CMA Chetan Gandhi, Cost Accountants for the financial year ending March 31, 2027 (Ordinary Resolution)
6. To approve related party transactions (Ordinary Resolution)
All resolutions shall be deemed passed with requisite majority on September 19, 2026, if declared.
The NSDL e-voting platform remained open for 15 minutes after meeting conclusion. The meeting was declared closed at 11:30 A.M.
Note
This document does not constitute minutes of the proceedings of the 33rd Annual General Meeting.