It is hereby informed that EGM will be held on 31st March 2026 at 12.30 p.m. through VC and Register of Members and Share Transfer Books of Company will remain closed from 24th March 2026 ....
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Bluechip Tex Industries has called its 1st Extra-Ordinary General Meeting (EGM) of FY 2025-26 for Tuesday, 31st March 2026 at 12:30 p.m., to be held via video conferencing. The single item on the agenda is seeking shareholder approval for material related party transactions with Beekaylon Synthetics Private Limited (BSPL) for an aggregate value of up to ₹350 crore during FY 2026-27, covering purchase and sale of yarn, raw materials, packing materials, repairs, store materials and scrap. BSPL is a related party: the company holds 14.96% in BSPL, while BSPL holds 24.67% directly and 49.01% indirectly in Bluechip, and three directors of the company (Shahin, Rahul and Siddharth Khemani) also serve on BSPL's board. The Register of Members and Share Transfer Books will be closed from 24th March to 31st March 2026, with the e-voting cut-off set for 24th March 2026 and remote e-voting open from 27th March (9 a.m.) to 30th March (5 p.m.).
This is essentially a governance/approval event rather than a value-moving announcement. Shareholders should note that related parties (including the Khemani directors and BSPL) are barred from voting on this resolution, so approval will rest with public and non-conflicted institutional shareholders. The ₹350 crore cap is significantly higher than the ₹170.14 crore already transacted in the current FY, so investors should track the outcome of the vote and the volume/pricing of these RPTs in FY27 disclosures.