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.

BCC Fuba India Limited reported a sharp acceleration in profitability for the quarter ended June 30, 2026, driven by successful price revisions and robust demand in its core printed circuit board (PCB) segment. The company’s standalone net profit surged 192% year-on-year to ₹3.86 crore, while consolidated net profit rose 175% to ₹3.62 crore. This performance marks a significant turnaround from the previous quarter, where standalone profit stood at ₹1.95 crore, reflecting improved operational leverage and favorable commercial terms.

The Board of Directors approved the unaudited financial results at its meeting held on August 8, 2026, in New Delhi. The results were reviewed by the Audit Committee and subjected to a limited review by M/s. Bhagi Bhardwaj Gaur & Co., the statutory auditors of the company. The filing was made pursuant to Regulation 33 and Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Revenue from operations expanded significantly, with standalone revenue reaching ₹25.20 crore, up from ₹15.50 crore in Q1FY25. Consolidated revenue stood at ₹25.27 crore. The growth was primarily fueled by the PCB segment, which contributed ₹25.05 crore to consolidated revenue. A key driver was the finalization of revised selling prices with customers, leading to the recognition of additional revenue of ₹1.67 crore during the quarter as the right to receive consideration became enforceable.

Profit before tax for the standalone entity jumped to ₹5.40 crore from ₹1.89 crore in the same period last year. Total expenses increased to ₹19.96 crore from ₹13.64 crore, largely due to higher material costs (₹15.67 crore vs ₹9.40 crore), which is typical with rising revenue volumes. However, the gross margin expansion indicates that price increases outpaced input cost inflation.

What the Numbers Show

The divergence between revenue growth and expense management highlights effective pricing power. While cost of materials consumed rose proportionally with sales, the company successfully passed on inflationary pressures to customers through revised commercial terms. The recognition of ₹1.67 crore in additional revenue specifically from these price revisions underscores the tangible impact of strategic pricing on bottom-line results. Furthermore, the Electronics Manufacturing Services (EMS) segment, though smaller, contributed ₹21.38 lakh to revenue, indicating diversification efforts, although it reported a segment loss of ₹18.65 lakh.

Fund Utilization and Corporate Actions

The company confirmed no deviation or variation in the utilization of proceeds from its equity shares issued under the Letter of Offer dated March 5, 2026. As per the disclosure, ₹13.80 crore from the rights issue proceeds were deposited in fixed deposits. Of this amount, ₹7.80 crore matured during the quarter and was utilized as per the stated objects, while the remaining ₹6.00 crore remains unutilized pending maturity. The monitoring agency for the fund utilization is Brickwork Ratings India Private Limited.

The Board also noted that the cost of objects for capital expenditure had been revised due to increases in machinery costs, with adjustments made through general corporate purposes as approved in the Board meeting dated April 29, 2026. Paid-up share capital increased to ₹19.82 crore from ₹17.61 crore in the previous quarter, reflecting the completion of the equity raise.