Bizotic Commercial reports FY26 profit, fixes AGM date

1 min read     Updated on 07 Jul 2026, 01:13 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Bizotic Commercial Ltd has fixed July 24, 2026, as the record date for its 10th Annual General Meeting, scheduled for August 1, 2026, via Video Conferencing. The company reported a net profit of ₹1,808.87 lakh for FY26, a significant increase from ₹428.62 lakh in the previous year, with revenue rising to ₹25,078.65 lakh.

powered bylight_fuzz_icon
44551097

*this image is generated using AI for illustrative purposes only.

Bizotic Commercial Ltd has fixed Friday, July 24, 2026, as the record date to determine shareholder eligibility for its 10th Annual General Meeting (AGM). The meeting is scheduled for Saturday, August 1, 2026, at 12:00 P.M. IST via Video Conferencing (VC) or Other Audio Visual Means (OAVM). Shareholders whose names appear in the Register of Members or Beneficial Owners as on the cut-off date are entitled to attend and vote at the meeting.

The company reported a net profit of ₹1,808.87 lakh for the financial year ended March 31, 2026, compared to ₹428.62 lakh in the previous year. Revenue from operations surged to ₹25,078.65 lakh from ₹11,194.68 lakh in FY25. The Board appointed CS Jinang Dineshkumar Shah, proprietor of M/s Jinang Shah & Associates, as the Scrutinizer to ensure the voting process is conducted fairly and transparently.

Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Notice of the AGM and the Annual Report are being dispatched exclusively through electronic mode. The company has appointed National Securities Depository Limited (NSDL) as the e-voting agency. The remote e-voting period commences on Wednesday, July 29, 2026, at 9:00 A.M. and concludes on Friday, July 31, 2026, at 5:00 P.M.

Key Meeting Details

Particulars Details
AGM Date August 1, 2026
AGM Time 12:00 P.M. IST
Mode Video Conferencing (VC) / Other Audio Visual Means (OAVM)
Record Date July 24, 2026
Remote E-voting Start July 29, 2026 (9:00 A.M.)
Remote E-voting End July 31, 2026 (5:00 P.M.)
E-voting Agency National Securities Depository Limited (NSDL)
Scrutinizer CS Jinang Dineshkumar Shah

Financial Performance for FY26

Particulars FY26 (₹ in Lakh) FY25 (₹ in Lakh)
Revenue from Operations 25,078.65 11,194.68
Profit Before Tax 2,492.60 628.92
Net Profit 1,808.87 428.62

The Notice of the AGM and the Annual Report will be available on the company's website, the websites of BSE Limited, and the RTA. Shareholders requiring assistance regarding e-voting or the VC facility may contact evoting@nsdl.com or call 022-4866 7000.

Historical Stock Returns for Bizotic Commercial

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-12.99%-14.11%-42.03%+176.57%+256.96%

What strategic initiatives drove the 124% revenue surge, and are these growth rates sustainable for FY27?

How does the company plan to allocate the significant increase in net profit regarding dividends or reinvestment?

Will the AGM agenda include any proposals for capital expansion or new business verticals following this financial performance?

Bizotic Commercial Ltd accepts Independent Director resignation effective June 25, 2026

1 min read     Updated on 25 Jun 2026, 05:51 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Bizotic Commercial Ltd accepted the resignation of Independent Director Hareshkumar Shamjibhai Suthar effective June 25, 2026, due to pre-occupation and personal commitments. Suthar also stepped down as chairman of the Nomination and Remuneration, Audit, and Stakeholders Relationship Committees. The company confirmed there are no other material reasons for the resignation and that Suthar holds no directorships in other listed entities.

powered bylight_fuzz_icon
43935521

*this image is generated using AI for illustrative purposes only.

Bizotic Commercial Ltd accepted the resignation of Independent Director Hareshkumar Shamjibhai Suthar, effective from the close of business hours on June 25, 2026. The resignation was submitted citing pre-occupation and other personal commitments. Consequently, Suthar has ceased to be the chairman of the Nomination and Remuneration Committee, Audit Committee, and Stakeholders Relationship Committee of the company.

The intimation was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the detailed resignation letter and necessary disclosures regarding the change in board composition were enclosed with the regulatory filing.

Suthar confirmed that there are no other material reasons for his resignation other than those stated in his letter. He was appointed to the board effective December 31, 2022. The resignation was formally recorded by Managing Director Sanjay Mahavirprasad Gupta on June 25, 2026.

The disclosure included a declaration that Suthar does not hold directorships in any other listed entities. The company has updated its records to reflect the changes in the board and committee memberships following the director's departure.

Sr.no Particulars Description
1 Reason for Change Resignation of Mr. Hareshkumar Shamjibhai Suthar (DIN: 08388083) as Independent Director of the Company, with effect from close of business hours on 25 June, 2026.
2 Date of appointment/cessation & term of appointment Close of Business hours on 25 June, 2026.
7 Confirmation of no other material reasons Mr. Hareshkumar Shamjibhai Suthar has confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter.

Historical Stock Returns for Bizotic Commercial

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-12.99%-14.11%-42.03%+176.57%+256.96%

Who will Bizotic Commercial appoint to fill the vacancy on the board and chair the key committees?

How will the sudden departure of the Independent Director impact the company's governance and audit oversight?

Will the resignation trigger any changes in the company's strategic direction or operational policies?

More News on Bizotic Commercial

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:+176.57%