Please find the attached disclosure on the voting results of the 29th AGM held on 11.08.2025
BCPL · price
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BCPL Railway Infrastructure held its 29th AGM on 11 August 2025 via video conferencing, with 54 shareholders attending. All five resolutions were passed with overwhelming majority. Key outcomes include: (1) adoption of FY25 audited financial statements (99.9999% approval), (2) declaration of a final dividend of Rs. 1 per share on equity shares of Rs. 10 each for FY25 (99.9999%), (3) re-appointment of Mr. Aparesh Nandi (DIN: 00722439) as Director, who retires by rotation (99.9983%), (4) special resolution approving disinvestment of 22% (34,32,000 shares) in subsidiary BCL Bio Energy Private Limited to Phoenix Overseas Limited, a group company (99.83%), and (5) appointment of M/s. TP and Associates as Secretarial Auditors for 5 years from 1 April 2025 to 31 March 2030 (99.9995%).
Routine governance with near-unanimous shareholder approval on all items. The subsidiary disinvestment to a related group company is the most material business action and signals a strategic restructuring or exit from the bio-energy segment. Final dividend of Rs. 1/share continues modest but consistent shareholder returns. Minimal dissent (<0.2% on the disinvestment) indicates low controversy among shareholders.