Announced Wed, 3 Sept · 13:04 IST

As per Reg. 34(1) Annual Report

Board & Shareholder Meetings View source PDF

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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

Bentley Commercial Enterprises Ltd has issued the notice for its 40th AGM to be held on Thursday, September 25, 2025 at 11:00 a.m. at its registered office in Andheri (West), Mumbai. The agenda includes adopting the audited financial statements for FY ended March 31, 2025 and re-appointing Mr. Jayesh Babulal Bhansali as Director (retiring by rotation). The company is also seeking shareholder approval to appoint M/s. Rathi & Associates as Secretarial Auditors for a 5-year term (April 2025 to March 2030) with proposed fees of Rs. 1,00,000 plus taxes. Two new Independent Directors, Mr. Nilesh Sheth and Mrs. Mansi Srivastava, are being appointed for 5-year terms. Additionally, shareholder approval is being sought for material related party transactions of up to Rs. 50 Crores per annum with Met-Lok Hydro Pneumatics Private Limited (a company where a director's relative is a director) for capital contributions and loans. Remote e-voting is open from September 22 to September 24, 2025, and the cut-off date is September 18, 2025.

Likely market impact

This is a routine AGM notice, but shareholders should note the Rs. 50 Crore related party transaction with Met-Lok Hydro Pneumatics, which exceeds materiality thresholds and warrants careful review. The appointment of two new Independent Directors and a 5-year Secretarial Auditor strengthens governance, while the director re-appointment and financial adoption are standard agenda items.