Please find attached herewith Scrutinizer''s Report.
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The 106th Annual General Meeting of Bombay Cycle & Motor Agency Ltd was held on August 6, 2025 via video conferencing. Eight resolutions were put to vote through remote e-voting and e-voting at the AGM, with NSDL acting as the e-voting platform. All eight resolutions were passed with overwhelming majority, each receiving over 99.96% votes in favour. Key resolutions included adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, declaration of a final dividend, re-appointment of Mr. Chakor L. Doshi as Director, re-appointment of Mr. Chirag C. Doshi as Chairman and Managing Director, appointment of statutory and secretarial auditors, approval of borrowing/investment powers under Section 186, and approval of a material related party transaction between Walchand Advanced Composites Pvt. Ltd. (wholly owned subsidiary) and Walchandnagar Industries Ltd. (group company). For resolutions involving related parties, those shareholders' votes were excluded from the count, as required.
All AGM resolutions cleared with near-unanimous support, indicating strong shareholder alignment with management's proposals. Shareholders approved a final dividend for FY25 and re-appointed the existing leadership, suggesting continuity. The approved related party transaction formalizes business dealings between the company's wholly owned subsidiary and group company Walchandnagar Industries.