Bombay Wire Ropes Limited has scheduled its 65th Annual General Meeting (AGM) for August 14, 2026, at 12:00 p.m. IST. The meeting will be held at the Kilachand Conference Room, IMC Chamber of Commerce and Industry in Mumbai. The primary agenda includes the adoption of audited standalone financial statements for the financial year ended March 31, 2026, and the re-appointment of directors.

The Board recommends the re-appointment of Smt. Vineeta Kanoria, who retires by rotation, as a Director. Additionally, shareholders will consider a special resolution to re-appoint Shri Rajkumar Gulzarilal Jhunjhunwala as Whole Time Director for a term of three years commencing August 1, 2026. The resolution also seeks approval for his continuation beyond the age of 75 years, with remuneration structured as a monthly salary of ₹85,000 plus perquisites.

Another special resolution proposes the continuation of Shri. Bimalkumar Kanodia as a Non-Executive Independent Director for a period of five years from April 1, 2027, to March 31, 2032, following his attainment of the age of 75 years. The company also seeks approval to appoint Mrs. Zankhana Bhansali of Zankhana Bhansali & Associates as Secretarial Auditor for a term of five years, subject to shareholder consent.

The register of members will remain closed from August 8, 2026, to August 14, 2026. The remote e-voting facility will be available from August 11, 2026, at 9:00 a.m. IST to August 13, 2026, at 5:00 p.m. IST, with the voting rights reckoned based on shareholding as of the cut-off date of August 7, 2026.

Key AGM Resolutions

Bombay Wire Ropes has disclosed an order and an award from labour authorities dated 24 Jan 2026 regarding compensation payments to workmen. The company stated that any financial impact arising from these directives will be borne by a Developer, based on Consent Terms recorded by the Bombay High Court in 2012. The disclosure was submitted to the exchange as a matter of abundant caution.

The company received a communication from a labour union on 24th June 2026 enclosing the legal directives. The Industrial Court, Maharashtra, Thane, issued an order in Complaint No. 238 of 1995. This order directs the company to pay compensation at the rate of Rs. 1,00,000/- per year per workman for the period from 13.03.1995 to 01.11.2006.

Additionally, the Industrial Tribunal, Maharashtra, Thane, passed an award in Reference No. 35 of 2006. This award directs the payment of compensation at the rate of Rs. 1,00,000/- per year per workman from 1st November, 2006 until the respective date of retirement of the workman.

Financial Liability Transfer

The company clarified that the entire financial repercussions from both the order and the award rest solely with a Developer. This arrangement is based on Consent Terms filed before the Hon'ble Bombay High Court and recorded in its order dated 13th July, 2012.

The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shyni Chatterjee, Compliance Officer and Company Secretary, signed the disclosure on 7th July, 2026.