BSEL Algo Limited has scheduled its 31st Annual General Meeting (AGM) for Monday, September 28, 2026. The meeting will be conducted through video conference or other audio-visual means to comply with regulatory guidelines.

The company issued the intimation on September 4, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice pertains to the Annual Report for FY25-26.

Meeting Details

The AGM is set for 12:30 pm on September 28, 2026. Shareholders will transact business as outlined in the official notice.

E-Voting Schedule

Shareholders eligible for e-voting must hold shares as of the cut-off date. The voting window opens three days before the meeting and closes one day prior.

Document Access

The Annual Report and AGM Notice are available electronically. Shareholders with registered email addresses receive these documents directly. Those without registered emails can access the documents via the company website or stock exchange portals.

• Company Website: www.bsel.com > Investor Info > Annual Report > Annual Report 2025-26
• BSE Limited: www.bseindia.com
• MUFG Intime: https://instavote.linkintime.co.in

Shareholder Updates

Shareholders wishing to update email addresses, bank details, or nomination information should contact their Depository Participants or the Registrar and Transfer Agent, MUFG Intime India Private Limited.

BSEL Algo posted a consolidated net loss of ₹353.4 crore for the financial year ended March 31, 2026, compared to a net profit of ₹99.7 crore in the previous year. The company's total income turned negative at ₹335.2 crore, reflecting sharp reversals in trading performance.

Financial Performance

The company recorded total expenses of ₹187.2 crore, an increase from ₹158.5 crore in FY25. Despite the higher operational costs, the primary driver of the loss was the collapse in revenue from operations, which swung from a positive ₹129.6 crore to a negative ₹358.2 crore.

What the Numbers Show

The revenue deterioration was largely attributable to a ₹358.1 crore loss from MCX trading, contrasting with a ₹45.5 crore gain in the prior year. Additionally, fair value adjustments on financial instruments resulted in a ₹68.2 crore loss, further eroding the top line. While other income rose 16% to ₹23.0 crore, driven by interest income on government bonds and fixed deposits, it was insufficient to offset the trading deficits.

Balance Sheet Signals

The consolidated balance sheet shows total assets increasing to ₹10,135.3 crore from ₹9,585.7 crore. This growth is primarily due to a rise in inventories (work-in-progress) to ₹4,483.3 crore and trade receivables reaching ₹4,989.0 crore. Current liabilities expanded significantly to ₹5,382.0 crore, up from ₹4,881.3 crore, indicating increased payables and other current obligations linked to its subsidiary operations.

Governance and Dividends

The Board of Directors did not declare any dividend for the year. The company appointed Mohit Kishor Jain as Managing Director effective August 4, 2025. The statutory auditors, Gada Chheda & Co. LLP, issued an unmodified opinion on the financial statements.