Bhavik Enterprises Limited has issued a corrigendum to its Nineteenth Annual General Meeting (AGM) notice, revising the cut-off date for remote e-voting eligibility from August 21, 2026, to August 26, 2026. This procedural update ensures that shareholders holding securities as of the new record date can participate in the vote scheduled for September 2, 2026. The meeting, conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM), aims to secure shareholder approval for revised remuneration packages for three key directors and the re-appointment of an independent director.

The Board of Directors, in a session held on August 4, 2026, recommended pay hikes for Mukesh Natverlal Thakkar, Bhavik Mukesh Thakkar, and Purnima Mukesh Thakkar. Shareholders will also vote on the re-appointment of Jeny Vinod Kumar Gowadia as an Independent Director for a second five-year term and the appointment of M/s JPS & Associates as Secretarial Auditor for five years. Nikhil Dineshchandra Bhatt, Company Secretary and Compliance Officer, issued the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Remuneration Revisions

The following directors have been nominated for remuneration revisions, effective January 30, 2027, pending shareholder consent:

• Mukesh Natverlal Thakkar (DIN: 01867515), Whole Time Director
• Bhavik Mukesh Thakkar (DIN: 01867522), Managing Director
• Purnima Mukesh Thakkar (DIN: 02262042), Executive Director

The proposed salary caps are ₹72,00,000 per annum for Mr. Mukesh Natverlal Thakkar and Mr. Bhavik Mukesh Thakkar, and ₹57,60,000 per annum for Mrs. Purnima Mukesh Thakkar. These packages include performance-linked incentives and perquisites as per Schedule V of the Companies Act, 2013.

E-Voting Schedule Update

Shareholders must ensure their holdings are recorded by the revised cut-off date to participate. The remote e-voting window remains unchanged, requiring timely action from investors.

M/s JPS & Associates, a firm of Practising Company Secretaries based in Jaipur, has been appointed as the Scrutinizer to oversee the integrity of the voting process. The AGM is deemed to be held at the company’s registered office in Goregaon, Mumbai.

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.