Bkm Industries Limited has informed the Exchange regarding Appointment of Ms. Rachna as Non- Executive Independent Director of the company w.e.f. August 05, 2025.
Awaiting price reaction for this filing.
BKM Industries has appointed two new Non-Executive Independent Directors — Ms. Rachna (DIN: 08758236) and Ms. Suman Singh (DIN: 07819547) — effective August 5, 2025, each for a 5-year term, subject to shareholder approval. Both are not debarred by SEBI and have no relationship with existing directors. Separately, the company informed exchanges that its NCLT Kolkata petition seeking revision of share allotment (due to an anomaly in erstwhile promoter holdings) is still pending. As a result, the Board has decided to refund the application money collected in March 2025 from Resolution Applicants and will revisit share acceptance after receiving a revised NCLT order and completing capital reduction actions.
The dual independent director appointments strengthen board composition, but the unresolved NCLT matter and refund of Resolution Applicant money highlight ongoing governance and capital structure uncertainty, which may weigh on investor sentiment until the share capital cancellation and revised allotment are finalized.