Meeting Details

The 18th Annual General Meeting will be held on Saturday, July 25, 2026 at 01:00 PM IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM) without physical attendance of members.

Ordinary Business Resolutions

1. Adoption of Financial Statements

Resolution to adopt audited financial statements for financial year ended March 31, 2026 together with reports of Board of Directors and Statutory Auditor.

2. Dividend Declaration

Declaration of final dividend @ 1% i.e. Re. 0.01 per equity share of ₹1 each fully paid up for financial year ended March 31, 2026, to be paid out of profits of the Company.

3. Director Re-appointment

Re-appointment of Mr. Nikhil Harbanslal Bhatia (DIN: 02063706) as Whole Time Director who retires by rotation. His monthly remuneration remains unchanged at ₹5,00,000. He has been director since April 1, 2008 and attended 11 board meetings during the year.

Special Business Resolutions

4. Statutory Auditor Appointment

Special resolution to appoint M/s. R Kejriwal & Co., Chartered Accountants (Firm Registration No. 133558W) as statutory auditors for five years from conclusion of 18th AGM till conclusion of 23rd AGM (financial year 2030-31).

  • Proposed fee for FY2026-27: ₹2,00,000
  • Fees for remaining years to be fixed by Board in consultation with auditors
  • Replaces retiring auditor M/s R P R & Co., Chartered Accountants whose term completes at this AGM
  • Firm confirmed eligibility under Sections 139(2) and 141 of Companies Act, 2013
  • Holds valid peer review certificate from ICAI

5. Borrowing Limits Increase

Special resolution to increase borrowing limits under Section 180(1)(c) to ₹200,00,00,000 (Rupees Two Hundred Crores) exceeding 100% of paid-up capital, free reserves and securities premium.

Additional authorization under Section 180(1)(a) to pledge, mortgage, hypothecate and/or charge company assets to secure borrowings up to ₹200 crore limit.

6. Investment/Guarantee Limits

Special resolution to increase limits for loans, investments, guarantees, and securities under Section 186 to ₹200,00,00,000 (Rupees Two Hundred Crores), exceeding the normal statutory limits of 60% of paid-up capital, free reserves and securities premium account or 100% of free reserves and securities premium account.

Record Date and Voting Details

  • Record date (cut-off date) for determining voting rights: Saturday, July 1, 2026
  • Remote e-voting period: July 22, 2026 (9:00 AM IST) to July 24, 2026 (5:00 PM IST)
  • Scrutinizer: Mr. Bhaveshkumar Arjunkumar Rawal, Company Secretary in Practice (Certificate of Practice No. 10257)
  • Registrar and Transfer Agent: Purva Sharegistry (India) Private Limited

Explanatory Statements

The explanatory statement confirms that no director or key managerial personnel have any interest in the special resolutions (items 4-6). The Board recommends all resolutions for shareholder approval.

Virtual Meeting Arrangements

  • Meeting conducted via VC/OAVM following MCA and SEBI circulars
  • Physical attendance dispensed with; no proxy facility available
  • VC facility accommodates up to 1,000 members on first-come-first-served basis
  • Large shareholders (2%+ holding), promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors can attend without restriction
  • Members can submit questions in advance to cs@bhatiamobile.com

Document Availability

Notice and Annual Report 2025-26 available on company website (bhatiamobile.com), BSE website (bseindia.com), and NSDL e-voting website (evoting.nsdl.com).

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