Bright Brothers Limited completed the merger of its wholly owned subsidiary, Bright Brothers LLC, with its step-down subsidiary, Sintex Logistics LLC. Following the completion, Bright Brothers LLC ceased to exist, and Sintex Logistics LLC emerged as the surviving entity.

The process was disclosed in a filing to BSE Limited on October 7, 2026. This action follows an initial disclosure made on August 11, 2026, regarding the commencement of the merger proceedings under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Post-merger structure

As part of the merger completion, the name of the surviving entity, Sintex Logistics LLC, was changed to Bright Composites LLC. Consequently, Bright Composites LLC now stands as the wholly owned subsidiary of Bright Brothers Limited.

The company requested the stock exchange to take the details on record. The filing was signed by Sonali Pednekar, Company Secretary and Compliance Officer.

Bright Brothers Limited shareholders approved all resolutions at its 79th Annual General Meeting with unanimous support from votes polled. The company confirmed the final voting results on September 20, 2026, following the meeting held on September 18 in Mumbai.

The Scrutinizer’s Report, submitted by CS Abhishek Prakash, detailed that 3,124,167 votes were cast out of 5,680,235 total shares held by shareholders on the record date. This represents a 55.00% turnout of outstanding shares. Every resolution received 100% of the votes polled in favour, with zero votes against.

Voting Participation Breakdown

The voting activity was heavily concentrated among promoter group members, who cast all their shares via ballot during the physical meeting. Public non-institutional shareholders participated through both e-voting and poll ballots.

Key Resolutions Passed

The unanimous approval covered six key agenda items, including ordinary and special resolutions:

• Financial Statements: Adoption of audited standalone and consolidated financial results for FY26.
• Dividend: Declaration of dividend on equity shares for FY26.
• Board Reappointments: Reappointment of Mrs. Devika Bhojwani as Whole-time Director (retiring by rotation).
• Independent Director: Reappointment of Mr. Kuchimanchi Viswanath as Independent Director for a five-year term commencing May 27, 2027.
• Management Continuity: Reappointment of Mr. Karan Bhojwani as Whole-time Director with effect from April 1, 2027, along with ratification of his remuneration.
• Cost Auditors: Ratification for payment of remuneration to Cost Auditors for FY27.

Governance and Process

The meeting was presided over by Suresh Bhojwani, Chairman and Managing Director. The quorum was confirmed at the start of the session. E-voting was facilitated by MUFG Intime India Private Limited between September 15 and September 17, 2026. Physical voting occurred via ballot boxes during the AGM at Walchand Hirachand Hall, Mumbai.

Company Secretary Sonali Pednekar informed members about the e-voting facilities. The Scrutinizer confirmed that no invalid votes were cast and no shares with differential voting rights exist in the company.