Announced Fri, 5 Sept · 18:00 IST

Notice convening the AGM and Annual Report for the Financial year 2024-25

Board & Shareholder Meetings View source PDF

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AI summary

Bharat Global Developers Ltd (formerly Kkrrafton Developers Ltd, BSE: 521238) has filed the notice and annual report for its 44th AGM, scheduled for Tuesday, 30th September 2025 at 2:00 PM via video conferencing. Shareholders will vote on adopting FY25 audited financials, re-appointing Executive Director Tahir Mustufa Masalawala (who retires by rotation), and approving a change of statutory auditor — M/s K M Chauhan & Associates resigned on 4 July 2025 and M/s Sunit M Chhatbar & Co will fill the casual vacancy and then be appointed for a five-year term through FY 2029-30. A special resolution seeks approval to appoint Keyurkumar Pravinbhai Patel as Managing Director for 5 years from 29 August 2025 at a salary of Rs. 50,000 per month. Other items include appointing H. Togadiya & Associates as secretarial auditor for 5 years and regularising Dharmesh Solanki as Non-Executive Director.

Likely market impact

Routine AGM business, but shareholders should note the auditor change and the formal appointment of Keyurkumar Patel as Managing Director at modest fixed pay. The resolutions are largely administrative and unlikely to materially affect the share price on their own; outcomes will depend on vote results declared within 48 hours of the meeting.