Bombay Dyeing & Mfg Company Limited has informed the Exchange about change in Management - Re-appointment of Mr. Rajesh Kumar Batra (DIN: 00020764) as the Non-Executive Independent Director for Second Term five consecutive years with effect from 9th August, 2026 to 8th August, 2031, subject to the approval of members.
BOMDYEING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bombay Dyeing reported audited standalone FY2026 revenue of ₹1,460 crore (vs ₹1,605 crore in FY2025), with net profit of ₹26.66 crore (vs ₹489.83 crore in FY2025). The prior year profit was inflated by a ₹552.56 crore exceptional item from discontinued operations. The board recommended a 20% final dividend (₹0.40 per share), payable after the August 7, 2026 AGM. The 146th AGM will be held on August 7, 2026 via video conference. Critically, the board decided to abandon the rights issue approved in September 2022, disbanding the Rights Issue Committee. Mr. Rajesh Kumar Batra is recommended for reappointment as Non-Executive Independent Director for a second 5-year term (Aug 2026–Aug 2031), pending shareholder approval. Auditors Bansi S. Mehta & Co. issued an unmodified opinion.
Declining revenue and profit reflect ongoing operational challenges. Abandoning the rights issue suggests the company may have sufficient liquidity or shelved fundraising plans, reducing dilution risk for existing shareholders. The independent director reappointment is routine and governance-neutral.