BN Agrochem Limited has appointed Mr. Anurag Bansal as its Chief Financial Officer effective June 01, 2026, filling the vacancy created by the resignation of Mrs. Manisha. The Board of Directors approved the appointment during a meeting held on May 29, 2026, via video conferencing, following the recommendation of the Nomination & Remuneration Committee. Mrs. Manisha resigned from the position of Chief Financial Officer effective the close of business hours on May 31, 2026, citing personal reasons. She confirmed there were no other material reasons for her departure requiring disclosure.

Management Changes

Mr. Anurag Bansal brings over 20 years of experience in Corporate Finance, Financial Planning & Analysis, and Treasury Operations. He is a qualified Chartered Accountant and has previously held leadership roles at organizations such as Lava International Limited, Bhushan Power & Steel Limited, and Jindal Stainless Limited. Most recently, he served as the CFO of B.N. Agritech Limited, an appointment he took up in September 2025.

Auditor Appointments

The Board appointed M/s Garg & Gul Co. as the Internal Auditor of the Company for the financial year 2026-27. The firm, established in 2002, is empanelled with the Comptroller & Auditor General and the Reserve Bank of India.

Additionally, the Board noted a change in the statutory auditors of its overseas material subsidiary, BN Agrochem Singapore Pte. Limited. M/s SIN Assurance PAC resigned as Statutory Auditor effective April 28, 2026, and M/s Everest Assurance PAC was appointed to the vacancy effective May 11, 2026. The subsidiary is incorporated and operates under the laws of Singapore.

bn agrochem has received approval from the Competition Commission of India (CCI) for its proposed scheme of amalgamation with three transferor companies. The approval, communicated through a letter dated April 28, 2026, was granted under Section 31(1) of the Competition Act, 2002, marking a significant regulatory milestone for the proposed combination.

The scheme involves the amalgamation of A1 Agri Global Limited (Transferor Company 1), B.N. Agritech Limited (Transferor Company 2), and Salasar Balaji Overseas Private Limited (Transferor Company 3) with and into BN Agrochem Limited, formerly known as BN Holdings Limited (Transferee Company), along with their respective shareholders. The amalgamation is being executed under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with rules made thereunder.

The CCI had received the combination notification on December 26, 2025, bearing Registration No. C-2025/12/1362. The Commission considered the proposed combination in its meeting held on April 28, 2026, and subsequently approved it. A separate order from the Commission in this regard will follow.

Key Details of the Amalgamation

The company had previously provided intimations to the stock exchanges regarding the scheme on June 28, 2025, December 17, 2025, and March 5, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The copy of the CCI letter has been made available on the company's website for stakeholder reference.

Company Information