BKM Industries Limited Appoints Ms. Priya Motwani as Company Secretary and Compliance Officer

1 min read     Updated on 29 Mar 2026, 12:16 AM
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AI Summary

BKM Industries Limited has appointed Ms. Priya Motwani as Company Secretary and Compliance Officer, effective from the date of appointment letter issuance. The Board of Directors approved the appointment on 28th March 2026. Ms. Motwani is a qualified Company Secretary and ICSI Associate Member with expertise in corporate law, SEBI compliances, and secretarial practices, holding membership number A-73655.

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BKM Industries Limited (formerly Manaksia Industries Ltd.) has announced a key leadership appointment, naming Ms. Priya Motwani as the company's new Company Secretary and Compliance Officer. The appointment was formally approved by the Board of Directors during their meeting held on 28th March 2026.

Appointment Details

The company has informed both BSE Limited and National Stock Exchange of India Limited about this appointment in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment will be effective from the date of issuance of the appointment letter.

Parameter: Details
Name: Ms. Priya Motwani
Designation: Company Secretary & Compliance Officer
Membership No: A-73655
Effective Date: From date of appointment letter issuance
Board Approval Date: 28th March 2026

Professional Background

Ms. Priya Motwani brings substantial expertise to her new role at BKM Industries Limited. She is a qualified Company Secretary and holds the distinction of being an Associate Member of the Institute of Company Secretaries of India (ICSI). Her professional experience encompasses key areas including:

  • Corporate law
  • SEBI compliances
  • Secretarial practices

Regulatory Compliance

The appointment has been made in accordance with regulatory requirements, with the company fulfilling its disclosure obligations under Regulation 30 read with Schedule III (Part A) of the SEBI (LODR) Regulations, 2015. The company has also confirmed that Ms. Motwani is not related to any Director of the Company, ensuring independence in her compliance role.

Company Information

BKM Industries Limited, formerly known as Manaksia Industries Ltd., operates with CIN L27100WB2011PLC161235. The company's registered office is located at Commerce House, 2A, G. C. Avenue, Room No. 11, 2nd floor, Kolkata-700013, India. The company's shares are listed on both BSE (Scrip Code: 539043) and NSE (Scrip Code: BKMINDST).

The appointment reflects the company's commitment to maintaining strong corporate governance standards and regulatory compliance through experienced leadership in key positions.

What strategic initiatives might BKM Industries pursue under Ms. Motwani's compliance leadership given her SEBI expertise?

How could this leadership change impact BKM Industries' corporate governance rating and investor confidence?

Will BKM Industries expand into new regulated sectors that would benefit from enhanced compliance capabilities?

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BKM Industries Limited Submits Delayed Q1 FY23 Financial Results Following CIRP Completion

2 min read     Updated on 29 Mar 2026, 12:09 AM
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AI Summary

BKM Industries Limited submitted delayed Q1 FY23 financial results showing a net loss of ₹58 lakhs for the quarter ended June 30, 2022, following completion of Corporate Insolvency Resolution Process. The company's manufacturing operations remained non-operational during the quarter, with total expenses comprising ₹32 lakhs in depreciation and ₹26 lakhs in other expenses. The results were approved by the Board on March 28, 2026, with the delay attributed to CIRP proceedings under NCLT supervision.

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BKM Industries Limited has submitted its delayed standalone and consolidated financial results for the quarter ended June 30, 2022, following the completion of its Corporate Insolvency Resolution Process (CIRP). The company reported these results to BSE and NSE on March 28, 2026, with Board approval obtained on the same date.

Financial Performance Overview

The company reported a net loss of ₹58 lakhs for the quarter ended June 30, 2022, showing improvement compared to the preceding quarter's loss of ₹655 lakhs and the corresponding quarter's loss of ₹273 lakhs in the previous year.

Financial Metric: Q1 FY23 (Jun 2022) Q4 FY22 (Mar 2022) Q1 FY22 (Jun 2021) FY22 (Mar 2022)
Revenue from Operations: - - - -
Other Income: - - - -
Total Expenses: ₹58 lakhs ₹279 lakhs ₹273 lakhs ₹1,116 lakhs
Net Loss: (₹58 lakhs) (₹655 lakhs) (₹273 lakhs) (₹1,492 lakhs)
Basic EPS: (₹0.09) (₹1.00) (₹0.42) (₹2.28)

Expense Breakdown

The company's total expenses for the quarter comprised depreciation and amortization expenses of ₹32 lakhs and other expenses of ₹26 lakhs. Manufacturing activities remained non-operational during the quarter, with no revenue generation from operations.

Balance Sheet Position

As of June 30, 2022, the company maintained total assets of ₹17,621 lakhs, with non-current assets of ₹9,452 lakhs and current assets of ₹8,169 lakhs. The equity position stood at ₹1,361 lakhs, comprising paid-up equity share capital of ₹655 lakhs and other equity of ₹705 lakhs.

Asset Category: June 30, 2022 June 30, 2021 March 31, 2022
Property, Plant & Equipment: ₹3,487 lakhs ₹4,255 lakhs ₹3,519 lakhs
Investments: ₹4,320 lakhs ₹4,320 lakhs ₹4,320 lakhs
Trade Receivables: ₹4,956 lakhs ₹4,956 lakhs ₹4,956 lakhs
Cash & Cash Equivalents: ₹20 lakhs ₹7 lakhs ₹19 lakhs
Total Assets: ₹17,621 lakhs ₹18,376 lakhs ₹17,652 lakhs

Corporate Insolvency Resolution Process Impact

The delayed submission was attributed to the company undergoing CIRP under the Insolvency and Bankruptcy Code, 2016, pursuant to orders from the National Company Law Tribunal (NCLT). During this period, the company's management was vested with the Resolution Professional, preventing timely finalization of financial results within SEBI prescribed timelines.

The company has now regularized its compliance following the NCLT-approved Resolution Plan under Sections 30 and 31 of the Insolvency and Bankruptcy Code, 2016. The Resolution Plan granted appropriate reliefs and immunities for past non-compliances, including delays in financial result submissions.

Regulatory Compliance

The financial results have been prepared in accordance with Indian Accounting Standards (Ind-AS) and were subject to limited review by statutory auditors Prabhat & Co, Chartered Accountants. The results were reviewed by the Audit Committee and approved by the Board of Directors.

BKM Industries Limited, formerly known as Manaksia Industries Ltd., operates in the manufacture of packaging and engineering products. The company's registered office is located in Kolkata, West Bengal, and it trades on both BSE (scrip code: 539043) and NSE (scrip code: BKMINDST).

When will BKM Industries resume manufacturing operations and what is the expected timeline for revenue generation?

How will the NCLT-approved Resolution Plan impact the company's debt structure and future financial obligations?

What strategic initiatives is the new management planning to implement to turn around the company's loss-making operations?

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