BANCOINDIANSEBanco Products (I) Limited· Auto AncillariesLowNeutral
Announced Mon, 25 Aug · 16:59 IST

Banco Products (I) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 19, 2025

Board & Shareholder Meetings View source PDF

BANCOINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Banco Products (India) Limited has informed the stock exchanges about its 64th Annual General Meeting scheduled for Friday, September 19, 2025 at 11:00 a.m. IST, to be conducted through Video Conferencing (VC) / Other Audio Visual Means. The agenda includes adopting audited standalone and consolidated financial statements for FY ended March 31, 2025, and re-appointing Mr. Mehul K. Patel (Promoter and Non-Executive Chairman) who retires by rotation. Special business includes appointing M/s. J.J. Gandhi & Co. as Secretarial Auditors for a five-year term (FY 2025-26 to FY 2029-30) at a proposed fee of Rs. 50,000 per year, and ratifying the remuneration of Rs. 55,000 for Cost Auditor M/s. Y.S. Thakar & Co. for FY 2025-26. The Register of Members will be closed from September 12, 2025 to September 19, 2025, and remote e-voting will be open from September 16 to September 18, 2025 via MUFG Intime India.

Likely market impact

This is a routine AGM notice with no major corporate action like dividend declaration or fundraising. The re-appointment of promoter Mr. Mehul K. Patel is procedural as he retires by rotation, and auditor appointments are standard compliance items. Minimal direct impact expected on the stock price.