BSL Ltd will conduct its 55th Annual General Meeting (AGM) on Tuesday, September 1, 2026, at 4:00 P.M. IST exclusively through video conferencing and other audio-visual means. The meeting will not facilitate physical attendance of members, with the Registered Office in Bhilwara deemed as the venue. This decision follows circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

The company has established Thursday, August 25, 2026, as the cut-off date to determine shareholder eligibility for voting via remote e-voting or during the AGM. Shareholders holding shares on this date will be entitled to participate and vote.

Key Meeting Dates

BSL Ltd has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting system. The remote e-voting window allows shareholders to cast their votes prior to the AGM, and e-voting facilities will also be available during the meeting itself.

Pursuant to Section 91 of the Companies Act, 2013, the Register of Members and Share Transfer Books of the company will remain closed from Wednesday, August 26, 2026, to Tuesday, September 1, 2026 (both days inclusive) for the purpose of the AGM. The Notice of AGM and the Annual Report for the financial year 2025-26 will be provided to shareholders in due course.

BSL Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a decline in profitability for the full year, with net profit falling to ₹2.4 Cr compared to ₹8.2 Cr in the previous year. Revenue from operations decreased to ₹657 Cr from ₹667.1 Cr in the corresponding period of the previous year. The company has submitted the newspaper cuttings of these published results to the stock exchanges on May 20, 2026.

For the quarter ended March 31, 2026, the company reported a net loss of ₹1.0 Cr. This contrasts with a net profit of ₹0.3 Cr in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹147.8 Cr, lower than the ₹155.5 Cr recorded in the quarter ended March 31, 2026. Q4 EBITDA stood at ₹10 Cr.

Financial Performance Overview

The annual financial statements show that total income for FY26 was ₹657 Cr. The company's basic earnings per share (EPS) for the year dropped to ₹0.24 from ₹0.82 in the previous year. The board approved the audited financial results during its meeting held on May 19, 2026.

FY26 gross profit stood at ₹283 Cr with a margin of 43.0%, highlighting the company's continued focus on value-added operations. FY26 EBITDA stood at ₹50 Cr, with margins of 7.6%, as the company continued to maintain operating efficiency amid pricing pressure and global uncertainty.

Business Highlights and Outlook

The company reported a net loss of ₹1.0 Cr in Q4 FY26, reflecting the impact of year-on-year pricing and demand moderation. Management noted that FY26 was a year of navigating a complex business environment, with persistent pressure on demand and rising input costs impacting sentiment during the second half. However, improving market enquiries and gradual normalisation in input costs are providing encouraging signs for the coming quarters.

Board Decisions and Auditor Appointments

During the board meeting, the directors approved the appointment of M/s S.N. Lathi & Co., Chartered Accountants as the Internal Auditors for the Financial Year 2026-27. Additionally, the board approved the re-appointment of M/s. N.D. Birla & Co., Cost Accountants as the Cost Auditor for the same financial year, subject to ratification by members at the ensuing Annual General Meeting.

The Board of Directors has not recommended any dividend for the Financial Year 2025-26. The trading window for designated persons and their immediate relatives will open on May 22, 2026, in accordance with SEBI regulations.