Filing of Annual Report - 2025 (full set) after the completion of the 64th Annual General Meeting of the Company
BIMETAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bimetal Bearings Ltd has submitted its Annual Report for the financial year ended 31st March 2025 to BSE, following the conclusion of its 64th Annual General Meeting held on 21st July 2025 via video conferencing. Shareholders at the AGM approved the audited standalone and consolidated financial statements, along with the Directors' and Auditors' reports. A dividend of Rs.13 per share was declared, totalling Rs.4.97 crore. Shareholders also re-appointed Mr. S. Narayanan as a Whole-time Director, ratified the remuneration of Rs.1.25 lakh for Cost Auditors M/s. C.S. Hanumantha Rao & Co., appointed M/s. KSR & Co. as Secretarial Auditors for five years (FY2025-26 to FY2029-30) at Rs.2 lakh per annum, and approved related-party transactions with joint venture BBL Daido Private Limited of up to Rs.35 crore.
This is a routine post-AGM regulatory filing confirming shareholder approvals. The Rs.13 per share dividend is the key tangible benefit for shareholders, while the Rs.35 crore related-party transaction limit with BBL Daido signals ongoing business with the company's joint venture. No major negative surprises are evident from the resolutions passed.