Please find attached the Annual Report with notice of the AGM for the year ended 31st March 2025.
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BCPL Railway Infrastructure has submitted its Annual Report for the financial year ended 31st March 2025 along with the notice for its 29th Annual General Meeting (AGM) scheduled on Monday, 11th August 2025 at 4 PM via video conferencing. Shareholders will consider adoption of audited financial statements, declaration of a final dividend of Rs. 1.00 per share on equity shares of Rs. 10 each, and re-appointment of Mr. Aparesh Nandi (Chairman) who retires by rotation. Two special resolutions are on the agenda: (1) disinvestment of the company's 22% stake (34,32,000 shares) in subsidiary BCL Bio Energy Private Limited to group company Phoenix Overseas Limited, which will cause BCL Bio Energy to cease being a subsidiary, and (2) appointment of M/s TP and Associates as Secretarial Auditors for a 5-year term from April 1, 2025 to March 31, 2030. The record date for dividend eligibility is 13th June 2025.
Routine annual filing with no negative governance signals; the Rs. 1 per share dividend signals continued profitability and shareholder rewards. The planned sale of the bio-energy subsidiary to a group company is a notable portfolio restructuring move—BCL Bio Energy will no longer be a subsidiary, allowing BCPL to refocus on its core railway infrastructure business.