Bhartiya International Limited concluded its 39th Annual General Meeting on September 28, 2026, conducted entirely through Video Conferencing. The company announced that voting results and the consolidated Scrutinizer's Report would be declared by September 30, 2026.

Meeting proceedings and participation

The meeting commenced at 11:00 am (IST) with Mr. Yogesh Kumar Gautam, Company Secretary, welcoming members and outlining the guidelines for virtual participation. In the absence of the Chairman, Whole-Time Director Mr. Manoj Khattar chaired the session. The requisite quorum was present, allowing the transaction of all business items set out in the notice dated August 13, 2026.

Key panelists participating virtually included:

• Mr. Vivek Kapur, Independent Director and Chairman of key committees
• Mr. Raj Kumar Chawla, Chief Financial Officer
• Mr. Sushil Poddar, Partner at M/s. A S Poddar & Associates (Statutory Auditor)
• Mr. Ravi Sharma, Partner at RSM & Co. (Scrutinizer and Secretarial Auditor)

Audit status and shareholder engagement

The Statutory Auditor’s Report on the Financial Statements for FY26 contained no qualifications, observations, or adverse remarks. Similarly, the Secretarial Audit Report was free from adverse comments. During the open house segment, nine shareholders raised queries regarding the company's performance and future outlook, to which the Chairman provided general responses.

Voting mechanism and timeline

Remote e-voting was available from September 25, 2026, at 9:00 am until September 27, 2026, at 5:00 pm. Shareholders who did not vote remotely were able to cast their votes electronically during the AGM via the NSDL/WebEx platform. The meeting officially closed at 11:53 am upon the conclusion of e-voting.

Bhartiya International has confirmed the schedule for its 39th Annual General Meeting (AGM), set for September 28, 2026. The meeting will be held via video conferencing to approve a significant increase in borrowing powers and other governance matters.

Borrowing Powers Enhanced

The Board seeks shareholder approval to increase the company’s borrowing limit from ₹700 crore to ₹1,200 crore. This enhancement aims to support business expansion, working capital requirements, and capital expenditure plans.

Shareholders will also be asked to authorize the creation of mortgages and charges on company assets to secure these borrowings. The existing borrowing limit was approved in September 2014.

Director Appointments and Reappointments

Several director-related resolutions are on the agenda:

• Mr. Snehdeep Aggarwal retires by rotation and offers himself for reappointment as Non-Executive Chairman.
• The Board recommends continuing Mr. Deepak Bhojani’s directorship beyond the age of 75 years.
• Mr. Deepak Bhojani, Mr. Navkiran Singh Ghei, and Mr. Vivek Kapur seek reappointment as Independent Directors for a second five-year term starting August 11, 2027.

Consultant Appointment

The company proposes engaging Mr. Robert Burton Moore Jr. as a consultant for sales advisory and marketing. His professional fees are capped at USD 135,000 for the period from July 1, 2026, to March 31, 2027. This amount represents approximately 0.095% of the company’s annual consolidated turnover.

Meeting Logistics and Book Closure

The AGM is scheduled for September 28, 2026, at 11:00 am IST. The cut-off date for determining eligible members is September 21, 2026. The Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 28, 2026.

Remote e-voting will be available from September 25, 2026, at 9:00 am until September 27, 2026, at 5:00 pm. The deemed venue of the meeting is the company’s registered office in Chennai.