BCC Fuba India Limited has been allotted Optionally Convertible Debentures (OCDs) worth ₹5 crore issued by its subsidiary, Iogems Technologies Private Limited. The allotment, part of the second tranche of a private placement, was completed on August 18, 2026. The company made the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

The debentures are unsecured and carry an interest rate of 7% per annum, payable annually. Each instrument has a face value of ₹10 and was issued at par. The total size of the issue stands at ₹5 crore. The tenure of the instrument is seven years from the date of allotment.

Instrument Terms

The OCDs offer holders the option to convert the debentures into equity shares of Iogems Technologies at any time before the maturity date. This conversion requires a written notice specifying the number of debentures proposed for conversion. The conversion price will be determined by the company based on a valuation report issued by a registered valuer, in compliance with the Companies Act, 2013.

Upon maturity, the company will redeem the OCDs at face value along with any outstanding interest. Alternatively, holders may exercise their conversion rights prior to this date.

Regulatory Compliance

The investment adheres to Sections 23(2), 42, 62(1)(c), 71, and 179(3)(e) of the Companies Act, 2013. All necessary approvals were obtained prior to the transaction. The securities are not proposed to be listed on any stock exchange. No charge or security has been created over assets for these instruments, and there are no special rights or privileges attached beyond the standard conversion option.

BCC Fuba India Limited has approved the continuation of Chandar Vir Singh Juneja as a Non-Executive Independent Director beyond the age of 75, alongside a revision in the appointment terms of Executive Director Abhinav Bhardwaj. These decisions were ratified by the Board of Directors during its 83rd meeting held on August 8, 2026, in New Delhi. The Board also finalized the logistics for the company’s 40th Annual General Meeting (AGM), scheduled for September 1, 2026, to be conducted via Video Conferencing (VC).

The approval for Mr. Juneja’s continuation is valid until the expiry of his current term on January 8, 2027. The Board cited his extensive experience in business management and corporate governance as key reasons for retaining his services. Simultaneously, the Board revised the basic salary of Mr. Bhardwaj from ₹2,60,000 to ₹3,50,000 per month. This revision applies to the financial years 2026-27, 2027-28, and 2028-29, aligning with his renewed five-year tenure commencing September 1, 2025, and ending August 31, 2030.

Shareholders will transact business at the upcoming AGM, including voting on these director-related resolutions. The Notice of the 40th AGM and the Annual Report for FY25 will be dispatched exclusively in electronic mode to shareholders who have registered their email addresses with the company, depositories, or the Registrar and Share Transfer Agent. Physical copies will not be sent, adhering to digital communication norms and regulatory compliance.

Remote e-voting facilities have been arranged through MUFG Intime India Private Limited (MUFG). Shareholders holding shares in physical or dematerialized form as of the cut-off date, August 25, 2026, are eligible to vote. The e-voting window opens on August 29, 2026, at 9:00 A.M. and closes on August 31, 2026, at 5:00 P.M., providing a three-day window for electronic voting before the meeting.

To ensure transparency, the company appointed Naresh Samkaria, Partner of Samkaria & Associates, as the scrutinizer for both the remote e-voting process and the AGM proceedings. The Board also approved loans, guarantees, or securities to directors or persons in whom directors are interested, subject to standard regulatory limits.

Key AGM and Governance Details

These disclosures were made pursuant to Regulation 30 and Regulation 33 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 11:00 A.M. and concluded at 6:35 P.M. at the company’s corporate office in New Delhi.