Bhagiradha Chemicals & Industries Limited declared a final dividend of ₹0.15 per equity share for the financial year ended March 31, 2026, during its 33rd Annual General Meeting (AGM) held on July 31, 2026. The resolution was passed by shareholders who also approved the company’s audited standalone and consolidated financial statements for FY26. The meeting, conducted through Video Conferencing (VC) / Other Audio Video Means (OAVM) from Hyderabad, concluded with the re-appointment of Suresh Kumar Somani as a Non-Executive Non-Independent Director.

The AGM commenced at 11:00 a.m. and concluded at 11:37 a.m., with participation from promoters, public shareholders, directors, and key managerial personnel. Kishor Shah, Chairman and Non-Executive Independent Director, presided over the meeting after confirming the presence of sufficient quorum. The statutory auditors, R. Kankaria & Uttam Singhi, issued unqualified reports without adverse observations on the financial statements for the year ended March 31, 2026. The secretarial audit report was similarly unqualified.

Key Resolutions Passed

Shareholders approved four ordinary resolutions during the proceedings. In addition to the adoption of financial statements and the declaration of the final dividend, the Board sought approval to ratify the remuneration of Cost Auditors for the financial year 2026-27. All resolutions were passed with the requisite majority on the date of the AGM.

Voting and Compliance Details

The company utilized National Securities Depository Limited (NSDL) to facilitate remote e-voting and e-voting during the AGM. Remote e-voting was open from 9:00 a.m. on July 27, 2026, to 5:00 p.m. on July 30, 2026. Shareholders who had not voted remotely were given an additional 15 minutes to cast their votes via Insta-poll during the meeting. The combined voting results will be uploaded to the company’s website and the stock exchanges in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The filing was submitted pursuant to Regulation 30 of the Listing Regulations. Sharanya M, Company Secretary & Compliance Officer, confirmed that the virtual meeting adhered to circulars issued by the Ministry of Corporate Affairs and SEBI. The Statutory Auditors, Secretarial Auditor Navjyoth Puttaparthi, and Internal Auditor Sunesh Agarwal were present via video conferencing to address queries regarding their respective reports.

Bhagiradha Chemicals & Industries Limited has scheduled its 33rd Annual General Meeting (AGM) for Friday, July 25, 2026, at 11:00 a.m. IST via Video Conferencing (VC) and Other Audio Visual Means (OAVM). The Board of Directors has recommended a final dividend of 15%, equivalent to ₹0.15 per equity share of face value ₹1 each, for the financial year ended March 31, 2026, subject to shareholder approval. The company has also appointed M/s. Sagar & Associates as Cost Auditors for FY 2026-27, with a proposed remuneration of ₹1,25,000 per annum plus expenses, pending ratification at the meeting.

Pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed that the newspaper advertisement regarding the 33rd AGM and e-voting information was published on July 09, 2026. The notice appeared in the Financial Express (all editions), an English language national daily, and Mana Telangana (Hyderabad edition), a regional language newspaper where the Registered Office of the company is situated. The information is also available on the company's website.

The AGM will transact ordinary business including the adoption of audited standalone and consolidated financial statements for FY 2025-26 and the re-appointment of Sri. Suresh Kumar Somani (DIN: 00031096), a Non-Executive Non-Independent Director retiring by rotation. The Register of Members and Share Transfer Books will remain closed from Monday, July 24, 2026, to Friday, July 26, 2026, to determine dividend eligibility.

Key Meeting Details

Dividend Information

The Board has recommended a final dividend of ₹0.15 per share for FY 2025-26. Payment will be made electronically to members with updated bank details, while dividend warrants will be dispatched to others. Tax Deducted at Source (TDS) will apply as per prevailing regulations, with no TDS for resident individuals if the total dividend does not exceed ₹10,000. Members must submit necessary documents, such as Form 121 or Tax Residency Certificates, by July 26, 2026, to claim lower or nil withholding rates.

E-Voting and Access

Remote e-voting facilities will be available from Monday, July 27, 2026, at 09:00 a.m. to Thursday, July 30, 2026, at 05:00 p.m., facilitated by National Securities Depository Limited (NSDL). Members can cast votes during the AGM via e-voting if they have not voted remotely. The facility for appointing proxies is not available due to the virtual meeting format. Shareholders must ensure their email IDs and mobile numbers are registered with the depository or the Registrar & Share Transfer Agent, M/s. XL Softech Systems Limited, to receive communications and access the meeting.