BMW Industries Limited conducted its 44th Annual General Meeting (AGM) on 12th September 2026 at 11:30 AM through Video Conferencing/Other Audio Visual Means. The meeting concluded with all eight resolutions being approved by shareholders with requisite majority.

Meeting Details

  • Meeting Type: 44th Annual General Meeting
  • Date: 12th September 2026
  • Start Time: 11:30 AM
  • End Time: 12:06 PM
  • Record Date: 05th September 2026
  • Total Shareholders on Record Date: 50,055
  • Shareholders Attended via VC: 75 (19 Promoters, 56 Public)
  • Scrutinizer: Mr. Raj Kumar Banthia of MKB & Associates (Practicing Company Secretary)
  • Scrutinizer Appointment Date: 14th August 2026
  • Scrutinizer Report Date: 14th September 2026

Remote E-Voting Details

  • Voting Period: 9th September 2026 (9:00 AM) to 11th September 2026 (5:00 PM)
  • Voting Platform: Central Depository Services Limited (CDSL)
  • Total Members Voted: 173 (168 through remote e-voting, 5 electronically during AGM)
  • All votes cast were valid

Resolution Outcomes

Resolution 1: Ordinary Business - Adoption of Financial Statements
  • Description: To receive, consider and adopt (a) the Audited Standalone Financial Statement for FY ended March 31, 2026 with reports of Board of Directors and Auditors; (b) the Audited Consolidated Financial Statement for FY ended March 31, 2026 and reports of Auditors
  • Voting Results:
  • Total Votes Polled: 189,252,748 shares (100% of outstanding shares)
  • Votes in Favor: 189,252,698 shares (100%)
  • Votes Against: 50 shares (0.0000%)
  • Result: Passed
Resolution 2: Ordinary Business - Dividend Declaration
  • Description: To declare final dividend of ₹0.43 per Equity Share of ₹1 each (43% of face value) for FY ended March 31, 2026
  • Voting Results:
  • Total Votes Polled: 189,252,748 shares (100% of outstanding shares)
  • Votes in Favor: 189,252,698 shares (100%)
  • Votes Against: 50 shares (0.0000%)
  • Result: Passed
Resolution 3: Ordinary Business - Director Re-appointment
  • Description: To appoint a director in place of Mr. Vivek Kumar Bansal (DIN: 00137120) who retires by rotation under Section 152(6) of Companies Act, 2013
  • Voting Results:
  • Total Votes Polled: 189,252,748 shares (100% of outstanding shares)
  • Votes in Favor: 189,251,692 shares (99.9994%)
  • Votes Against: 1,056 shares (0.0006%)
  • Result: Passed
Resolution 4: Ordinary Business - Cost Auditor Remuneration
  • Description: To ratify remuneration of ₹1,00,000 payable to M/s. Sohan Lal Jalan & Associates (Firm Registration No. 000521), Cost Accountants as Cost Auditors for FY ending 31st March, 2027
  • Voting Results:
  • Total Votes Polled: 189,252,748 shares (100% of outstanding shares)
  • Votes in Favor: 189,252,646 shares (99.9999%)
  • Votes Against: 102 shares (0.0001%)
  • Result: Passed
Resolution 5: Special Business - Director Continuation
  • Description: To approve continuation of directorship of Mr. Joginder Pal Dua (DIN: 02374358) as Non-Executive Independent Director beyond attainment of age 75 years in current tenure
  • Voting Results:
  • Total Votes Polled: 189,252,748 shares (100% of outstanding shares)
  • Votes in Favor: 189,250,551 shares (99.9988%)
  • Votes Against: 2,197 shares (0.0012%)
  • Result: Passed
Resolution 6: Special Business - Share Capital Reclassification
  • Description: To approve reclassification of existing authorized share capital of ₹67,94,00,000 divided into 52,94,00,000 Class A Equity Shares of ₹1 each, 50,00,000 Class B Equity Shares of ₹10 each and 10,00,000 Class C Equity Shares of ₹100 each to 67,94,00,000 Equity Shares of ₹1 each aggregating to ₹67,94,00,000 and consequent amendment of Capital Clause of Memorandum of Association
  • Voting Results:
  • Total Votes Polled: 189,252,748 shares (100% of outstanding shares)
  • Votes in Favor: 189,252,393 shares (99.9998%)
  • Votes Against: 355 shares (0.0002%)
  • Result: Passed
Resolution 7: Special Business - Memorandum of Association
  • Description: To alter and adopt new set of Memorandum of Association (MOA) of the Company as per Companies Act, 2013
  • Voting Results:
  • Total Votes Polled: 189,252,748 shares (100% of outstanding shares)
  • Votes in Favor: 189,252,392 shares (99.9998%)
  • Votes Against: 356 shares (0.0002%)
  • Result: Passed
Resolution 8: Special Business - Articles of Association
  • Description: To alter and adopt new set of Articles of Association (AOA) of the Company as per Companies Act, 2013
  • Voting Results:
  • Total Votes Polled: 189,252,748 shares (100% of outstanding shares)
  • Votes in Favor: 189,252,392 shares (99.9998%)
  • Votes Against: 356 shares (0.0002%)
  • Result: Passed

Shareholding Pattern and Voting Participation

  • Total Outstanding Shares: 189,252,748
  • Promoter & Promoter Group Holdings: 167,369,475 shares (88.43%)
  • Public-Non Institutions Holdings: 21,883,273 shares (11.57%)
  • Public-Institutions Holdings: 0 shares
  • Promoter Voting Participation: 100% of their holdings across all resolutions
  • Public-Non Institutions Voting Participation: 100% of their holdings across all resolutions

Additional Information

  • The scrutinizer's report and consolidated voting outcome are available on company website (www.bmwil.co.in) and CDSL website (www.cdslindia.com)
  • The company's CIN is L51109WB1981PLC034212
  • The letter was signed by Neha Jain, Secretary & Compliance Officer (Membership No.: A29956)