BIL VYAPAR LIMITED has informed the Exchange regarding Notice of Annual General Meeting to be held on September 16, 2025
BILVYAPAR · price
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BIL Vyapar Limited has announced its 62nd Annual General Meeting (AGM) scheduled for Tuesday, September 16, 2025, at 11:30 AM, to be held via video conferencing. Shareholders will vote on adopting the audited financial statements for FY 2024-25, re-appointing Mr. Rajesh Kumar Bagri as a Non-Executive Director (retiring by rotation), and re-appointing V.P. Thacker & Co. as statutory auditors for another five-year term through FY 2029-30. Additionally, shareholders will vote to appoint HD & Associates as the new Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) at a fee of Rs. 4 lakhs per year. A special resolution seeks approval for a material related party transaction worth up to Rs. 3.50 crore with promoter group company Triton Trading Company Private Limited, in the form of an interest-free loan for day-to-day expenses, which represents roughly 14,113% of the company's annual turnover — suggesting an extremely small revenue base. Remote e-voting runs from September 13 to September 15, 2025.
This is primarily a routine AGM notice with standard items like auditor re-appointment and director rotation. The most notable point for shareholders is the related party transaction resolution with a promoter group entity — though the Rs. 3.50 crore amount is small in absolute terms, it is very large relative to the company's turnover, which warrants attention. No major operational or financial announcements were made.