BIMETALBSEBIMETAL BEARINGS LTD.LowNeutral
Announced Wed, 22 Jul · 18:21 IST

Outcome of 65th AGM - dividend of Rs.13.50 per share declared

Board & Shareholder Meetings View source PDF

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AI summary

65th AGM held on 20 July 2026 via video conferencing. Resolutions passed include adoption of FY26 financial statements, dividend of Rs.13.50 per share, re-appointment of Mr. A. Krishnamoorthy as Director, ratification of Cost Auditor remuneration for FY27, and approval of related party transactions with BBL Daido for Rs.50 crore. Mr. S. Narayanan presided as Chairman. Non-Executive Chairman Mr. Krishnamoorthy was absent due to health reasons. Filing revised due to network interruption during upload. E-voting results to be filed separately.

Likely market impact

Dividend of Rs.13.50 per share is the key shareholder benefit. Approved related party transactions support ongoing business operations.