Please find attached the board of directors outcome relating to reappointment of Independent director Mr Ranajit Kumar Mondal and reappointment of the Statutory auditors M/s LB Jha & Co LLP
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BCPL Railway Infrastructure held its Board Meeting on May 19, 2026, approving audited financial results for Q4 and FY 2025-26. Standalone revenue from operations was Rs. 13,566.59 lakhs while consolidated revenue was Rs. 16,085.66 lakhs. The company recommended a final dividend of Rs. 1 per share (10%) for FY 2025-26, with May 29, 2026 as the record date. The Board also reappointed Mr. Ranajit Kumar Mondal as an Independent Director for another 5-year term (Aug 2026 to Aug 2031) and reappointed statutory auditors M/s LB Jha & Co. LLP for 5 years from FY 2026-27. Most notably, the Board rescinded its earlier decision to divest 22% stake in subsidiary BCL Bio Energy Private Limited, citing that being a listed company with large minority shareholders and bigger net worth will create larger shareholder value by continuing to hold the subsidiary.
The rescinding of the disinvestment decision is a positive development for minority shareholders as it preserves the holding company structure. The company also rewarded shareholders with a 10% dividend and maintained clean audit with unmodified opinion. No adverse governance changes detected.