Bhatia Colour Chem Limited will hold its 5th Annual General Meeting on August 25, 2026, to seek shareholder approval for material related-party transactions (RPTs) totaling ₹502.38 crore and the reappointment of its top management. The resolutions, which require special or ordinary approvals depending on the item, aim to secure operational flexibility through arm’s-length agreements with promoters and a partnership firm. The meeting will be held at the company’s registered office in Surat.

The Board of Directors seeks omnibus approval for RPTs with Managing Director Bharat Brijlal Bhatia, Whole Time Directors Rameshchand Chanduram Bhatia and Ravi Ashokkumar Bhatia, and M/s Vapchem, a partnership firm. These transactions, governed by Section 188 of the Companies Act, 2013 and Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, cover purchases, sales, borrowings, and leasing. The proposed limits represent significant portions of the company’s annual consolidated turnover from FY26.

Related-Party Transaction Details

The aggregate value of the proposed RPTs is ₹502.38 crore, valid from the conclusion of the 5th AGM until the 6th AGM. The breakdown of the proposed transaction limits is as follows:

Transactions with M/s Vapchem, where Bharat Brijlal Bhatia is a partner, are primarily for the purchase and sale of goods. Borrowings under these arrangements are unsecured, repayable on demand, and carry an interest rate of 8.5% per annum. The company states these transactions are in the ordinary course of business and on an arm’s-length basis.

Management Reappointments

Shareholders will vote on the reappointment of three key executives for five-year terms commencing January 21, 2027, to January 20, 2032:

• Bharat Brijlal Bhatia: Reappointed as Managing Director with a remuneration of ₹7,00,000 per month.
• Rameshchand Chanduram Bhatia: Reappointed as Whole Time Director with a remuneration of ₹7,00,000 per month.
• Ravi Ashokkumar Bhatia: Reappointed as Whole Time Director with an increased remuneration of ₹2,50,000 per month, up from ₹2,00,000.

Additionally, the meeting will ratify the remuneration of ₹30,000 plus applicable taxes for M/s V.M. Patel & Associates as Cost Auditors for FY27. The remote e-voting period opens on August 22, 2026, and closes on August 24, 2026, with voting rights determined as of the record date, August 18, 2026.

Bhatia Colour Chem Limited has announced its standalone audited financial results for the year and half year ended March 31, 2026. The Board of Directors approved the financial statements during a meeting held on May 21, 2026, at the company's registered office in Surat. The statutory auditors, M/s DSI & Co., issued an unmodified opinion on the results.

Financial Performance for FY26

For the financial year ended March 31, 2026, the company reported a total income of ₹15,499.70 lakh, compared to ₹12,509.69 lakh in the previous year. Revenue from operations increased to ₹15,462.08 lakh from ₹12,503.26 lakh in FY25. The company achieved a net profit of ₹417.76 lakh for the year, up from ₹366.27 lakh in the corresponding period last year.

The half-year period ended March 31, 2026, also showed positive performance with a net profit of ₹103.20 lakh. Total income for this half year stood at ₹8,270.08 lakh. The board noted that the paid-up equity share capital increased during the year following the conversion of share warrants into equity shares.

Operational Highlights and Expenses

Total expenses for the full year rose to ₹14,855.38 lakh from ₹11,969.69 lakh in the prior year. Key cost components included the cost of materials consumed at ₹11,597.53 lakh and employee benefits expenses of ₹960.96 lakh. Finance costs for the year amounted to ₹186.76 lakh. The company reported a basic earnings per share (EPS) of ₹2.96 for FY26.

Board Decisions and Appointments

In addition to the financial results, the board approved the appointment of CMA Vipin Patel, Practicing Cost Accountant, as the Cost Auditor for the financial year 2026-27. The trading window for dealing in the company's equity shares, which was closed from April 1, 2026, will reopen 48 hours after the declaration of these audited results.