Billwin Industries Limited has received a Transfer of Technology (ToT) certificate from the Ministry of Defence to manufacture Hydro Suits, also known as Submarine Escape Suits, for the Indian Navy. This development marks a significant step in the company's participation in the defence manufacturing sector.

The ToT agreement was formally handed over to the company by Defence Minister Rajnath Singh during a dedicated ceremony. The company stated that it will undertake the manufacturing of these suits in strict accordance with the terms and requirements specified under the ToT arrangement. This move supports the indigenous manufacturing requirements of the Indian Navy.

Strategic shift to defence sector

The receipt of this technology transfer highlights Billwin Industries' strategic pivot towards high-value defence contracts. By securing the rights to produce specialized equipment like Submarine Escape Suits, the company aligns itself with national priorities for self-reliance in defence equipment.

The company emphasized that this agreement is an important step towards establishing its footprint in the defence manufacturing ecosystem. No financial figures regarding contract value or production capacity were disclosed in the filing.

Billwin Industries has scheduled its 13th Annual General Meeting for September 30, 2026. The meeting will focus on adopting FY26 financials and approving key board appointments.

The company announced the closure of its register of members and share transfer books from September 24 to September 30, 2026. The board of directors held a meeting on September 6, 2026, to approve the Directors Report for the financial year 2025-26 and finalize these corporate governance matters. Subrata Dey, Managing Director, signed off on the disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

AGM Details

The annual general meeting is scheduled for Wednesday, September 30, 2026, at 9:00 am. The event will be held at Festa Banquet Hall, located on Mulund Goregaon Link Road, opposite Runwal Greens in Mulund West, Maharashtra.

Board Appointments

Shareholders will vote on three key director-related resolutions during the AGM:

• Reappointment of Mr. Pritish Subrata Dey: He retires by rotation and offers himself for reappointment as Executive Director. He holds a B. Eng. in Electrical & Electronic engineering and has six years of experience in marketing, finance, and AI/ML.
• Appointment of Ms. Anita Ramchandani: She will be appointed as Non-Executive Non-Independent Director for five years, effective April 23, 2026. A qualified Company Secretary, she brings experience in corporate compliance and regulatory advisory.
• Appointment of Mr. Anand Kumar Jha: He will be appointed as Non-Executive Independent Director for five years, effective July 25, 2026. A Company Secretary with a Master’s in Business Law, he has over eight years of experience in corporate governance and FEMA regulations.

Corporate Action Details

The board meeting commenced at 5:00 pm and concluded at 5:30 pm on September 6, 2026. Key outcomes from the meeting include:

• Approval of the Directors Report for FY26.
• Appointment of M/s. S.A. & Associates as the scrutinizer to prepare the report on voting results.
• Closure of the Register of Members and Transfer Books from September 24, 2026, to September 30, 2026, inclusive.

Shareholder Information

Shareholders must note that the transfer books will be closed for six days leading up to the AGM. This closure ensures the determination of eligible shareholders for voting purposes during the annual meeting. Pursuant to Regulation 42 of the SEBI (LODR) Regulation, 2015 and section 91 of the Companies Act, 2013 read with Rule 10 of Companies (Management and Administration) Rules, 2014, the book closure applies to equity securities.