Announced Mon, 25 Aug · 15:59 IST

PFA

Board & Shareholder Meetings View source PDF

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Awaiting price reaction for this filing.

AI summary

Regis Industries Ltd (formerly Bhartia Bachat Ltd) has called its 43rd AGM for Wednesday, 24th September 2025 at 3:00 PM at its registered office in Kolkata. The ordinary business includes adopting the FY25 audited financial statements, re-appointing director Chandrakant Parmar (who retires by rotation), and appointing M/s. Bipin & Co., Chartered Accountants as statutory auditors for a 5-year term up to the 2030 AGM. Under special business, shareholders will vote on appointing Mr. Kelash Bunkar and Mr. Aman Patel as Independent Directors for 5-year terms ending September 2030. The notice also seeks approval to raise the company's borrowing limit by Rs. 100 Crores over and above paid-up capital and reserves under Section 180(1)(c), and to permit loans, investments and guarantees up to Rs. 100 Crores under Section 186 of the Companies Act, 2013. E-voting via NSDL will run from 21st September (9:00 AM) to 23rd September (5:00 PM), with 17th September as the cut-off date.

Likely market impact

These are largely routine AGM approvals, but the proposed Rs. 100 Crore enhancement in borrowing and investment limits signals the company may be gearing up for expansion, acquisitions, or higher working capital needs. No dividend or stock-split proposal is included in this notice, so investors should watch the annual report for financial performance details before the meeting.