Please find attached announcement under Regulation 30 of SEBI LODR , 2015.
BNAGROCHEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BN Agrochem Ltd announced decisions from its board meeting held on November 13, 2025. The board approved the appointment of Mr. Anubhav Agarwal, an existing Non-Executive Director, as Chairman of the Board for a 5-year term. Mr. Agarwal, who holds an MBA, co-founded BN Agritech with his father and has been involved in the company's agro processing business. Separately, the board noted that BSE has levied a fine of INR 1,04,000 (excluding GST) on the company for alleged non-submission of the Annual Report within the prescribed timeline. The company stated that it had actually submitted the Annual Report on September 06, 2025 by uploading a direct link on the BSE portal, and has already made a representation to BSE requesting waiver of the fine.
The Chairman appointment is an internal elevation of a promoter family member and is unlikely to affect shareholders materially. The BSE fine is a minor compliance issue that the company is actively contesting; the financial impact is negligible relative to a listed company. Investors should await BSE's response on the fine waiver request.