We herbey submit notice convening 21st Annual General Meeting of the company and Annual Report for FY 2024-2025 to be held on Saturday 27th September 2025 at the registered office of the company
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Bhanderi Infracon Limited has issued the notice for its 21st AGM to be held on Saturday, 27th September 2025 at 12:00 PM at its registered office in Ahmedabad. The standalone revenue for FY25 grew to Rs. 215.10 Lakhs from Rs. 122.03 Lakhs in FY24, with profit after tax rising sharply to Rs. 93 Lakhs from Rs. 40.79 Lakhs. On a consolidated basis, revenue increased to Rs. 631.67 Lakhs (from Rs. 453.36 Lakhs) and PAT rose to Rs. 166.36 Lakhs (from Rs. 82.40 Lakhs). The board has not recommended any dividend for FY25, choosing to retain earnings for growth. Key resolutions include adoption of financial statements, re-appointment of Mrs. Bhumikaben Patel (retiring by rotation), appointment of CS Manisha Chindarkar as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), and approval for a related party transaction with Bhanderi Corporation Limited (group company) for purchase of goods and services up to Rs. 100 crore per financial year.
Strong profit growth year-on-year and absence of dividend signal that the company is reinvesting earnings, which may appeal to growth-oriented investors. The Rs. 100 crore related party transaction limit with the promoter group company is significant and minority shareholders should review the rationale carefully before voting. Re-appointment of promoter group director and long-term secretarial auditor appointment are routine governance items.