B P Capital Limited has accepted the resignation of Shatrughan Sahu as Chief Financial Officer. Sahu will cease to hold the position and his responsibilities as Key Managerial Personnel effective close of business on September 5, 2026.

The company disclosed the change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation was filed with the Bombay Stock Exchange, Calcutta Stock Exchange, and Delhi Stock Exchange.

Departure Details

Sahu tendered his resignation to pursue better career opportunities. He confirmed there were no other reasons for his departure. The Managing Director, Peeyush Kumar Aggarwal, accepted the request and relieved Sahu from his duties.

Sahu served as CFO for 12 years. Upon cessation, he will no longer be authorized to determine the materiality of events or information for stock exchange disclosures under Regulation 30(5) of the SEBI Listing Regulations.

Regulatory Compliance

The company provided relevant details in Annexure A, citing SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The resignation letter from Sahu was enclosed as Annexure B.

The information is available on the company website. The Board will file necessary forms with the Registrar of Companies and other regulatory authorities.

B. P. Capital Limited has approved a strategic expansion into computer software, hardware, and consumer electronics, while authorizing borrowing powers of up to ₹300 crore. The Board also re-appointed two directors and confirmed the date for the 33rd Annual General Meeting.

The move into mobile phones, accessories, and allied electronic products aims to capitalize on high-growth segments. This requires altering the company's Memorandum and Articles of Association, subject to shareholder approval via special resolution.

Governance and Board Changes

The Board re-appointed Mr. Ajay Sharma as a Non-Executive Independent Director for a second five-year term, effective September 1, 2026, through August 31, 2031. Mr. Sharma brings over 20 years of experience in trading, retail, real estate, and financial services.

Additionally, Mr. Faizal Bavaparambil Abdul Khader was re-appointed as a Non-Executive Non-Independent Director liable to retire by rotation. He possesses nearly 18 years of experience in manufacturing, trading, and distribution of electronic products.

Financial Powers and Related Transactions

The Board sought shareholder approval for enhanced financial flexibility under specific sections of the Companies Act, 2013:

Under Section 180(1)(c), aggregate outstanding borrowings cannot exceed ₹300 crore, excluding temporary bank loans. Under Section 186, investments or loans can extend up to ₹50 crore, even if this exceeds prescribed limits when combined with existing exposures.

Annual General Meeting Details

The 33rd AGM will be held on Tuesday, September 29, 2026, at 10:30 am at the company's registered office in Sohna, Haryana. The notice convening the meeting and the Annual Report for FY26 have been dispatched electronically to eligible members. E-voting will be facilitated by Central Depository Services (India) Limited, with a cut-off date of September 23, 2026. Mr. Kundan Agrawal of M/s. Kundan Agrawal & Associates has been appointed as the scrutinizer.