The Company has submitted the notice of 17th Annual General Meeting of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
B.C. Power Controls has announced its 17th AGM to be held on Tuesday, 30th September 2025 at 2:00 PM via video conferencing. The Register of Members and Share Transfer Books will be closed from 24th September to 30th September 2025, with the e-voting window running from 27th September (9:00 AM) to 29th September (5:00 PM) via NSDL. Shareholders will vote on adopting FY2024-25 audited standalone and consolidated financial statements, re-appointing Mr. Nitin Aggarwal as Director, and appointing M/s Dabas S & Co. as Secretarial Auditor for five years (FY2025-26 to 2029-30) at Rs. 72,000 plus GST per annum. Special business includes approving loans, guarantees, and investments up to Rs. 200 crore under Sections 185 and 186, material related party transactions with Proxima Industries Private Limited up to Rs. 200 crore, and fixing remuneration for Managing Director Mr. Chander Shekhar Jain (Rs. 4.80 lakh per annum) and Whole Time Director Mr. Nitin Aggarwal (Rs. 6.84 lakh per annum).
This is a procedural AGM notice, but the special resolutions on Rs. 200 crore loan/investment limits and a Rs. 200 crore related party transaction with Proxima Industries signal significant treasury flexibility being sought, which shareholders should evaluate. The relatively modest director remuneration figures suggest a small-cap company, and the resolutions require shareholder approval for execution.