BEDMUTHANSEBedmutha Industries Limited· Steel And Steel ProductsLowNeutral
Announced Mon, 29 Sept · 14:43 IST

We wish to inform that 35th Annual General Meeting was held today i.e. September 29, 2025 at 11:45 A.M. through video conferencing / Other Audio Visual Means. Please find enclosed herewith the proceedings of the 35th Annual General Meeting of the Company and presentation given by Mr. Ajay Vedmutha, Managing Director & Chief Financial Officer of the Company

Board & Shareholder Meetings View source PDF

BEDMUTHA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bedmutha Industries held its 35th AGM on September 29, 2025 via video conferencing, attended by 55 members. Audited FY25 results showed revenue from operations rising to Rs 1,049.33 crore (up from Rs 812.01 crore in FY24) and profit after tax of Rs 24.80 crore (up from Rs 20.27 crore), with EPS improving to Rs 7.69 from Rs 6.28. Key resolutions included reappointment of Mr. Kachardas R. Bedmutha as Chairman, appointment of new Secretarial Auditors for five years, and approval of material related party transactions with MNE Components India Private Limited and Kamalasha Infrastructure for sale of industrial land and a leasehold plant. Management shared updates on capacity expansion for wire ropes and copper foils, and progress on the second Maharashtra Mega Project (Rs 460 crore sanctioned, Rs 145.72 crore invested as of August 2025).

Likely market impact

This is a routine AGM compliance filing with no surprise items, but the strong revenue and profit growth, ongoing capacity expansion, and progress on the Mega Project subsidy are positive signals for shareholders. The material related party transactions for land/plant sale may draw attention from minority shareholders but are subject to shareholder approval.