Bharat Textiles & Proofing Industries Limited appointed Shivani Jindal as Company Secretary and Compliance Officer, a Key Managerial Personnel role, with effect from September 19, 2026.

Board approval and regulatory disclosure

The appointment was approved by the Board of Directors at its meeting held on September 19, 2026, based on the recommendation of the Nomination and Remuneration Committee. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 6(1) of the same regulations.

Appointee profile

The following details of the appointment have been disclosed as required under Regulation 30 of the Listing Regulations:

Shivani Jindal is an Associate Member of the Institute of Company Secretaries of India and possesses qualification and skills in secretarial compliances, corporate law, and listing regulations.

Bharat Textiles & Proofing Industries Limited (BSE: BHATEXT) reported an 18.26% rise in revenue from operations to ₹1,929.86 lakh for FY26, with net profit increasing 26.21% to ₹33.13 lakh. The company has scheduled its 36th Annual General Meeting (AGM) for September 26, 2026.

The Board of Directors approved the reappointment of Mr. Ajeet Bhandari Kumar as Managing Director and Mr. Anil Bhandari as Whole-time Director for three-year terms commencing April 1, 2027. Shareholders will also vote on the reappointment of Mr. Krishna Kumar Bhandari as Whole-time Director, effective July 25, 2026.

Financial Performance

Revenue from operations grew from ₹1,631.99 lakh in FY25 to ₹1,929.86 lakh in FY26. Other income surged to ₹120.33 lakh, primarily driven by a ₹113.25 lakh profit on the sale of land and building. Total expenditure stood at ₹1,986.25 lakh. Profit before tax was ₹63.94 lakh, resulting in a PAT of ₹33.13 lakh. Earnings per share (basic) increased to ₹0.57 from ₹0.45 in the previous year.

What the Numbers Show

The significant jump in other income, accounting for roughly 59% of the pre-tax profit, highlights that the improved bottom line in FY26 was largely driven by the non-recurring gain on asset sales rather than core operational margins alone. While operating revenue grew steadily, the reliance on capital gains for profitability expansion is a notable shift from the prior year's performance.

AGM Agenda & Governance

The AGM will transact ordinary business, including the adoption of audited financial statements for FY26 and the reappointment of Mr. Krishna Kumar Bhandari by rotation. Special business items include:

• Reappointment of Mr. Krishna Kumar Bhandari as Whole-time Director.
• Reappointment of Mr. Ajeet Bhandari Kumar as Managing Director.
• Reappointment of Mr. Anil Bhandari as Whole-time Director.
• Approval for creation of mortgage/charge on assets up to ₹200 crore.
• Enhancement of overall borrowing limits up to ₹200 crore over paid-up capital and free reserves.
• Authorization for loans, guarantees, or investments under Section 186 up to ₹200 crore.
• Omnibus approval for related party transactions for FY27.

Key Management Profiles

Mr. Ajeet Bhandari Kumar brings extensive technical experience in manufacturing cotton canvas, digital printable fabric, and PVC coated tarpaulins. Mr. Anil Bhandari possesses rich experience in textile engineering, production management, and quality control. Both are part of the same family group, with Mr. Ajeet Bhandari Kumar being the brother of Mr. Anil Bhandari and father of Mr. Krishna Kumar Bhandari.

Compliance Observations

The Secretarial Audit Report noted several regulatory compliances requiring attention, including outstanding annual listing fees for multiple years, delayed XBRL filings for board meeting outcomes, and non-maintenance of the Structured Digital Database for insider trading regulations. The company has stated it is taking steps to regularize these positions.