Event Overview

Bhatia Communications & Retail (India) Limited held its 18th Annual General Meeting (AGM) on Saturday, July 25, 2026 at 1:00 PM through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). The meeting commenced at 1:00 PM and concluded at 1:18 PM, lasting 18 minutes.

Attendance and Participation

39 shareholders were present virtually through video conferencing. The following directors attended the meeting:

  • Mr. Sanjeev Harbanslal Bhatia (Managing Director)
  • Mr. Nikhil Harbanslal Bhatia (Whole Time Director)
  • Mrs. Kamleshkumari Bhatia (Non-Executive Director)
  • Mr. Arpit Arunkumar Jain (Independent Director)
  • Mr. Rachit Naresh Narang (Independent Director)
  • Mrs. Rashmi Kapil Arora (Independent Director)

Mr. Bhaveshkumar Arjunkumar Rawal (Membership No. F8812), Practicing Company Secretary, was appointed as Scrutinizer to scrutinize votes cast through remote e-voting and electronic voting at the AGM.

Voting Process

The e-voting platform was open from July 22, 2026 at 9:00 AM to July 24, 2026 at 5:00 PM. Members who had not cast their vote were given an additional 15 minutes after the conclusion of the AGM to vote, after which the vote counting process commenced.

Business Transacted

Ordinary Business:

1. Adoption of Audited Financial Statements for the financial year ended March 31, 2026, together with reports of the Board of Directors and Statutory Auditor

2. Declaration of dividend on equity shares @ 1% i.e. ₹0.01 per share

3. Re-appointment of Mr. Nikhil Harbanslal Bhatia (DIN: 02063706), who retired by rotation and offered himself for re-appointment

4. Appointment of Statutory Auditors and approval of their remuneration

Special Business:

5. Increasing the overall Borrowing Limits under Section 180 of the Companies Act, 2013

6. Approval for loans, investments, guarantee or security under Section 186 of the Companies Act, 2013

Management Commentary

Mr. Sanjeev Harbanslal Bhatia, Chairman and Managing Director, addressed shareholders regarding dividend and growth aspects of the Company during the current financial year, specifically mentioning the opening of new stores and expansion of the company.

Next Steps

The voting results of resolutions will be declared by the Chairman upon receipt of the Scrutinizer's report and will be uploaded on the company website and intimated to BSE in due course.