AGM Details
The 92nd Annual General Meeting is scheduled to be held on Wednesday, September 30, 2026, at 11:30 A.M. (IST) through video conferencing/other audio-visual means. The meeting will be conducted from the corporate office at 301-A, Vedanta building, 3rd floor, 779, Makwana Road, Marol, Andheri (East), Mumbai 400 059, Maharashtra, INDIA.
Remote E-Voting Details
The company has provided facility for remote e-voting which will commence on Friday, September 25, 2026, at 09:00 A.M. (IST) and end on Tuesday, September 29, 2026, at 05:00 P.M. (IST). The record date for determining shareholders eligible to vote is Tuesday, September 22, 2026.
Business Items to be Transacted
Ordinary Business:
Item No. 1: Consideration and adoption of Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Statutory Auditors.
Item No. 2: Re-appointment of Ms. Minal Wadhwa (DIN: 07220456) who retires by rotation and is eligible for re-appointment. She was first appointed on July 31, 2015, holds 100 shares, attended 5 board meetings in FY 2024-25, and holds 10 other directorships.
Item No. 3: Appointment of M/s. J P K D & Co LLP, Chartered Accountants (Firm Registration No. W100950) as Statutory Auditors for a period of 5 consecutive years commencing from conclusion of this AGM until conclusion of 97th AGM. This appointment follows the resignation of previous auditors M/s. Agarwal Iyer and Associates (Firm Registration No. 159907W) due to continuous ill health. The designated partner responsible for audit is Piyush Nitin Jadhav (Membership No. 192209). Remuneration for FY 2026-27 will be determined by the Board in consultation with the auditors.
Special Business:
Item No. 4: Approval for purchase/acquisition/rent of premises from Harshvardhan Construction, a related party. The transaction involves premises at Wadhwa 723 Avenue, Unit No. 504, Saug Baug, Marol, Andheri East, Mumbai 400059 with approximate area of 968 sq. ft. The maximum consideration for which approval is sought is ₹3.25 crores (including applicable taxes, stamp duty, registration charges and incidental expenses). For purchase/acquisition, estimated value is ₹3.05 crores. For rent/lease, consideration is ₹42.50 lakhs per year. The transaction is expected to be completed in October 2026 with a proposed tenure of 5 years if rented. An advance payment of ₹25 lakhs is proposed.
Related Party Transaction Details
Harshvardhan Construction is a partnership firm and related party due to common directors/partners (Mr. Manoj Wadhwa and Mr. Harshvardhan Wadhwa). The amount of previous transactions with this related party during current financial year is ₹1,82,39,157.52. The transaction basis is prevailing market price and is considered to be in ordinary course of business on arm's-length basis. Funding will be through internal accruals.
Additional Meeting Arrangements
Mr. Vatsal Doshi, Practicing Company Secretary (M. No. 12399 and CP No. 22976) has been appointed as Scrutinizer. The facility to appoint proxy is not available for this virtual meeting. Documents referred to in the notice will be available for electronic inspection without fee from date of circulation until September 30, 2026.
Shareholder Communications
Shareholders with unregistered email addresses have been dispatched letters providing weblink to access Integrated Annual Report at www.bombaypotteries.com. The AGM notice is available on company website, BSE website, and CDSL website.