Bharat Bijlee Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 11, 2025
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Bharat Bijlee Limited has announced that its 78th Annual General Meeting (AGM) will be held on Thursday, September 11, 2025 at 11:00 AM through Video Conferencing (VC) / Other Audio Visual Means (OAVM), with no physical attendance by shareholders. The company has recommended a dividend of Rs. 35 per equity share (700%) on the face value of Rs. 5 for FY 2024-2025, payable on or after September 22, 2025. Remote e-voting will be open from September 8, 2025 (9:00 AM) to September 10, 2025 (5:00 PM), with a cut-off date of September 4, 2025. The AGM agenda includes adopting audited financial statements, re-appointing Mr. Nakul P. Mehta (Managing Director) and Mr. Prakash V. Mehta (Non-executive Director) by rotation, ratifying the remuneration of Cost Auditors M/s P M Nanabhoy & Co. at Rs. 1,29,600 plus taxes, and appointing M/s N.L. Bhatia & Associates as Secretarial Auditors for a 5-year term (FY 2025-26 to FY 2029-30). The company has also changed its Registrar and Transfer Agent (RTA) from Link Intime to MUFG Intime India Private Limited following acquisition.
Shareholders holding shares as of the cut-off date (September 4, 2025) are eligible to vote and receive the proposed Rs. 35 per share dividend. The dividend declaration of 700% signals strong financial performance for FY 2024-25, and the standard AGM agenda (auditor ratification, director re-appointments) is unlikely to materially impact the stock price.