BNR Udyog Limited will close its register of members and share transfer books from July 10, 2026, to July 16, 2026, for its 32nd Annual General Meeting (AGM). The meeting is scheduled to be held on July 16, 2026, at 11.00 A.M. through Video Conference and Other Audio-Visual Means. The company has fixed July 9, 2026, as the cutoff date for e-voting in connection with the AGM.

The Board of Directors has approved the financial statements for the financial year ended March 31, 2026. The company reported a net loss of ₹53.47 lakh for FY26, narrowing from a net loss of ₹54.84 lakh in the previous year. Revenue from operations decreased to ₹133.84 lakh in FY26 from ₹155.10 lakh in FY25. Total income for the period stood at ₹167.82 lakh, while total expenses were recorded at ₹251.35 lakh.

Financial Performance

The loss before tax for the year was ₹83.54 lakh, an improvement over the loss before tax of ₹99.91 lakh in the preceding year. The company reported an unrealized loss of ₹32.23 lakh on fair value changes in investments during the year. Basic and diluted earnings per share for FY26 were reported at a loss of ₹1.78 per share, compared to a loss of ₹1.83 per share in FY25.

Board and Governance

The statutory audit was conducted by Laxminiwas & Co., Chartered Accountants. Mr. Janampalli Vikramdev Rao, Director, is liable to retire by rotation at the forthcoming AGM and is eligible for re-appointment. He holds 2,500 shares in the company. The remote e-voting period commences at 9.00 A.M. (IST) on July 13, 2026, and concludes at 5.00 P.M. (IST) on July 15, 2026.

Related Party Disclosures

All related party transactions during the year were entered into on an arm’s length basis. Remuneration paid to Key Managerial Personnel included ₹23.41 lakh to Managing Director Kamal Narayan Rathi and ₹20.36 lakh to Executive Director & CFO Sandeep Rathi. The median remuneration of employees increased by 7.82% to ₹2,49,846 per annum.

BNR Udyog Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a net loss of ₹53.47 lakh for the financial year 2025-26, an improvement from the net loss of ₹54.84 lakh recorded in the previous year. Revenue from operations for the full year stood at ₹133.84 lakh, down from ₹155.10 lakh in the prior year.

For the quarter ended March 31, 2026, the company posted a net loss of ₹48.92 lakh. Revenue from operations for the quarter stood at ₹8.63 lakh, while total income was ₹13.07 lakh. The basic and diluted earnings per share (EPS) for the year were reported at a loss of ₹1.78, compared to a loss of ₹1.83 in the previous year.

Financial Performance

The company's total expenses for the year amounted to ₹251.35 lakh, a decrease from ₹266.56 lakh in FY25. The statutory auditors, M/s. Laxminiwas & Co., issued an audit report with an unmodified opinion on the financial results.

Board Decisions

The Board of Directors, in its meeting held on May 21, 2026, approved several key resolutions alongside the financial results. The board appointed M/s. PPKG & Co, Chartered Accountants, as the Internal Auditors of the company for the financial year 2026-27. Additionally, the board approved the continuation of Mr. Kamal Narayan Rathi as the Managing Director of the company beyond the age of 70 years, subject to the approval of the members.

The board authorized the Managing Director to finalize the notice and Directors Report for the financial year 2025-26 and to determine the schedule for the Annual General Meeting (AGM). M/s. Aakanksha Dubey & Co., Practicing Company Secretaries, were appointed as the Scrutinizer for the e-voting process proposed at the ensuing AGM.