The Company has informed the BSE that Mr. Arvind Kumar Bhandari has resigned from the directorship of the Company.
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Awaiting price reaction for this filing.
B.C. Power Controls' board met on May 24, 2025, and approved several items in one go. The company posted audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with the statutory auditor (Gaur & Associates) issuing an unmodified (clean) opinion. Total assets grew to about Rs. 52.26 crore (standalone) from Rs. 41.81 crore a year earlier, and cash on hand rose sharply to Rs. 77.47 lakhs from Rs. 12.47 lakhs. Additional Director Arvind Kumar Bhandari (DIN 00586234) resigned citing personal reasons with no other material reason, effective end of day May 24, 2025. The board also appointed Dabas S & Co. as secretarial auditor for 5 years and re-appointed Shyam Goel & Associates as internal auditor for FY 2025-26.
The director departure is a routine non-executive exit for personal reasons and unlikely to materially affect operations or share price. The clean audit opinion and improving balance sheet (higher cash, lower receivables) are mildly positive signals for shareholders.