Bombay Potteries & Tiles Limited has scheduled its 92nd Annual General Meeting for September 30, 2026. The meeting will seek shareholder approval for the appointment of M/s. JPKD & Co LLP as statutory auditor and a related-party transaction involving premises acquisition.

The Board of Directors approved the auditor appointment on September 6, 2026. The firm will serve for five consecutive financial years, starting from the conclusion of the ensuing AGM until the conclusion of the AGM in 2031. The outgoing statutory auditors, M/s. Agarwal Iyer and Associates, resigned due to health reasons.

Auditor Appointment Details

M/s. JPKD & Co LLP (Firm Registration No. W100950) will replace the previous auditors. The remuneration will be mutually agreed upon between the Board and the auditors. Piyush Nitin Jadhav is the designated partner responsible for the audit.

Related Party Transaction

The company seeks approval for a transaction with Harshvardhan Construction, a partnership firm linked to directors Mr. Manoj Wadhwa and Mr. Harshvardhan Wadhwa. The deal involves the purchase or rent of premises at Wadhwa 723 Avenue, Unit No. 504, Saug Baug, Marol, Andheri East, Mumbai. The property spans approximately 968 sq. ft. and is intended for corporate or business use.

The maximum value for which approval is sought is ₹3.25 crore. This includes applicable taxes, stamp duty, registration charges, and other incidental expenses. If rented, the annual consideration is ₹42.5 lakh for a tenure of five years. An advance of ₹25 lakh may be paid. The transaction is funded through internal accruals and is stated to be on an arm's-length basis.

Annual General Meeting

The 92nd AGM will be conducted through Video Conferencing or Other Audio Visual Means. Remote e-voting will commence on September 25, 2026, at 9:00 am and end on September 29, 2026, at 5:00 pm. The record date for attending the meeting is September 22, 2026. Ms. Minal Wadhwa, who retires by rotation, offers herself for re-appointment as a director.

Bombay Potteries & Tiles Limited (BSE: 502216) has approved a related-party transaction to acquire or lease premises from M/s. Harshvardhan Construction for up to ₹3.25 crore. The Board of Directors and Audit Committee cleared the deal on September 8, 2026, to support operational expansion.

The proposed transaction involves a 968 sq. ft. office space located at Marol, Andheri East, Mumbai. The company may choose to purchase the property or take it on rent, based on final commercial terms.

Transaction Details

The deal requires shareholder approval as per SEBI LODR Regulations. The maximum value of the transaction is capped at ₹3.25 crore, comprising the purchase consideration or the aggregate lease costs including security deposit.

Related Party Connections

The transaction involves directors with ties to the counterparty. Mr. Manoj Wadhwa and Mr. Harshavardhan Wadhwa are identified as directors related to M/s. Harshvardhan Construction.

Regulatory Compliance

Bombay Potteries confirmed the deal is on an arm's length basis and in the ordinary course of business. The company stated that terms are fair and commercially reasonable. Shareholder approval is required to finalize the transaction.