Bhavik Enterprises recommended the appointment of M/s JPS & Associates as its Secretarial Auditors for five consecutive financial years, from FY27 to FY31, during a board meeting held on July 23, 2026. The resolution is subject to shareholder approval at the ensuing Annual General Meeting (AGM). This move ensures continuity in corporate governance oversight, with the Jaipur-based firm bringing over 21 years of experience in Company Law and secretarial compliances to the role.

The Board of Directors also approved the Board Report for the financial year ended March 31, 2026, and took note of the Secretarial Audit Report for FY26 submitted by M/s JPS & Associates. While the governance appointments were finalized, the board deferred the decision on convening the AGM to its next meeting. Consequently, shareholders do not yet have a confirmed date for the general meeting where they will vote on the auditor appointment and other statutory matters.

Auditor Profile and Tenure

M/s JPS & Associates, based in Jaipur, holds Peer Review Certificate No. 2779/2022 and Firm Unique ID P2003RJ045800. The firm offers a wide range of services including corporate consultancy, audits, certifications, and representation before judicial forums. Its client base spans public and private sector banks, listed companies, capital market intermediaries, and high-net-worth individuals. The appointment aims to leverage their expertise in handling complex corporate assignments across diverse sectors.

Regulatory Disclosures

The company made the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing included disclosures under Schedule III of the SEBI (LODR) Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The intimation was signed by Nikhil Bhatt, Company Secretary and Compliance Officer.

What the Numbers Show

While no financial metrics were disclosed in this communication, the decision to appoint a single firm for five consecutive years suggests a strategic move towards stability in secretarial compliance. By deferring the AGM date, Bhavik Enterprises retains flexibility in scheduling, potentially allowing more time for finalizing other agenda items or coordinating with shareholder availability. The focus on the Secretarial Audit Report indicates continued emphasis on regulatory adherence and internal governance structures.

Bhavik Enterprises Limited has informed the exchanges that its board of directors will meet on Tuesday, May 26, 2026, at 4:00 P.M. The meeting will be held at the company's registered office to discuss and approve several key agenda items.

The primary focus of the meeting will be the consideration and approval of the audited financial results for the half-year and year ended March 31, 2026, along with the Auditor's Report thereon. This disclosure is made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

Agenda Items

In addition to the financial results, the board will consider the appointment of M/s Mittal & Associates, Chartered Accountants, as the internal auditors of the company for the financial year 2026-27. The directors will also review the recommendation for the re-appointment of Ms. Jeny Vinod Kumar Gowadia as a Non-Executive and Independent Director. Her tenure, if approved by shareholders, will be for a period of five years from FY 2026-2027.

The board will also consider any related party transactions and any other business with the permission of the chair.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has stated that the trading window for dealing in the securities of the company remains closed for designated persons and their immediate relatives. This closure is effective from April 1, 2026, and will remain in effect until 48 hours after the declaration of the financial results.