Announced Wed, 1 Jul · 15:05 IST

Annual Report FY26 filed; 1% dividend, auditor change proposed at AGM

Price

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AI summary

Bhatia Communications filed its Annual Report for FY 2025-26 under SEBI LODR Regulation 34(1). Company operates 340 stores (337 owned, 3 franchise) as on March 31, 2026, with expansion into Maharashtra (53 stores) and Rajasthan. Notice for the 18th AGM on July 25, 2026 via video conferencing seeks approval for adoption of financial statements, 1 percent dividend of Re 0.01 per share, re-appointment of Nikhil Bhatia, appointment of new auditor M/s R Kejriwal and Co. for 5 years replacing R P R and Co. whose term ends, and proposals to raise borrowing limit and Section 186 investment limit to Rs 200 crore each.

Likely market impact

Routine AGM agenda. Token dividend of Re 0.01 per share. New auditor is a planned end-of-term rotation. Higher borrowing and investment limits need shareholder nod.