BIMETALBSEBIMETAL BEARINGS LTD.LowNeutral
Announced Wed, 22 Jul · 17:51 IST

65th AGM held, shareholders approve Rs.13.50 dividend and related party deal

BIMETAL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Bimetal Bearings filed its FY2025-26 Annual Report after the 65th AGM held on 20 July 2026 via video conferencing. Shareholders approved a dividend of Rs.13.50 per share totalling Rs.5.16 crore. The AGM also approved the reappointment of Chairman A. Krishnamoorthy (aged over 75) via special resolution, ratified the cost auditor remuneration of Rs.1.25 lakh, and cleared material related party transactions with joint venture BBL Daido Private Limited up to Rs.50 crore for the next 15 months.

Likely market impact

Routine AGM filing. Dividend of Rs.13.50 per share approved. Material related party deals with joint venture BBL Daido cleared up to Rs.50 crore.