Pursuant to Regualtion 30 read with the Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing a copy of the proceedings of ....
Awaiting price reaction for this filing.
Bharat Textiles & Proofing Industries Ltd held its 35th Annual General Meeting on Tuesday, September 30, 2025, from 3:30 PM to 4:15 PM at the registered office in Chennai, chaired by Managing Director Mr. Ajeet Kumar. The meeting covered four business items: (1) adoption of audited financial statements for FY ending March 31, 2025; (2) re-appointment of director Anil Bhandari (DIN: 02722372), who retires by rotation; (3) approval of material related party transactions via special resolution; and (4) increase in borrowing powers under Section 180(1)(c) of the Companies Act, 2013, up to Rs. 50 crores. Remote e-voting was conducted through CDSL from September 27 to September 29, 2025, with a poll facility also available at the meeting. All resolutions were stated to be passed with the requisite majority, and voting results are pending the Scrutinizer's report (Mr. Jeya Raja A, Practising Company Secretary).
Routine AGM proceedings with no major surprises — adoption of FY25 financials and a director's rotational re-appointment are standard. Shareholders should note two special resolutions: approval of material related party transactions and a proposed increase in the company's borrowing limit to Rs. 50 crores, which could expand the company's debt capacity for future expansion or acquisitions. Awaiting the scrutinizer's detailed voting results for final outcome of each resolution.