Bhagyanagar India Limited has successfully conducted its investor meeting and earnings call on January 31, 2026, providing stakeholders with access to the company's latest developments and financial discussions. The virtual session was held at 12:00 PM IST, following the company's prior communication to stock exchanges.

Meeting Details and Accessibility

The company has ensured transparency by making the complete session accessible to all interested parties. Following the conclusion of the meeting, Bhagyanagar India Limited promptly made both audio and video recordings available through multiple channels.

Recording Access and Links

Investors and stakeholders can access the meeting recordings through the company's official website at www.bhagyanagarindia.com . The company has provided multiple access points to ensure convenient availability of the session content.

The recordings are accessible through:

• Company's investor relations section at bhagyanagarindia.com/investor-relations/investor-meeting/
• Alternative Google Drive link for additional accessibility

Regulatory Compliance

This investor meeting and earnings call was conducted in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously notified both National Stock Exchange of India Limited and BSE Limited about the scheduled meeting through its communication dated January 28, 2026.

The communication was signed by Managing Director Devendra Surana and officially submitted to both stock exchanges, ensuring full compliance with disclosure requirements and maintaining transparency with all stakeholders.

Bhagyanagar India Limited has received a significant regulatory approval from the National Company Law Tribunal (NCLT) Hyderabad Bench for its composite scheme of arrangement. The order, passed on January 29, 2026, marks a crucial milestone in the company's corporate restructuring initiative involving multiple entities and business reorganization.

NCLT Order Details

The NCLT order pertains to a composite scheme of arrangement between three companies: Bhagyanagar Copper Private Limited (Transferor Company), Bhagyanagar India Limited (Transferee/Demerged Company), and Tieramet Limited (Resulting Company). The tribunal has approved the joint application filed under Sections 230 to 232 read with Section 66 of the Companies Act, 2013.

Scheme Structure and Components

The composite scheme encompasses a two-stage corporate restructuring process. The first stage involves amalgamation of Bhagyanagar Copper Private Limited, a wholly-owned subsidiary, with Bhagyanagar India Limited on a going concern basis. Subsequently, the scheme provides for demerger of identified business undertaking from Bhagyanagar India Limited into Tieramet Limited, the resulting company.

Share Capital Details

The financial structure of the involved entities reflects the scope of the reorganization:

Meeting Dispensations and Requirements

The NCLT has granted dispensation for multiple stakeholder meetings while mandating specific meetings for certain categories. The tribunal dispensed with meetings of equity shareholders, preference shareholders, and secured/unsecured creditors of the transferor company. Similarly, meetings of secured, unsecured, and trade creditors of the transferee company have been dispensed with.

However, two mandatory meetings have been scheduled:

Creditor Obligations

The scheme involves substantial creditor obligations across the entities. Bhagyanagar Copper Private Limited owes ₹297,41,72,814 to 5 secured creditors, ₹201,85,84,050 to 4 unsecured creditors, and ₹122,81,47,380 to 470 trade creditors as of November 30, 2025. The transferee company has creditor obligations totaling ₹3,31,10,94,568 to secured creditors and smaller amounts to unsecured and trade creditors.

Share Exchange Ratio and Listing

Under the demerger provisions, shareholders of Bhagyanagar India Limited will receive equity shares in Tieramet Limited at a 1:1 ratio. Specifically, one equity share of ₹2 face value in Tieramet Limited will be issued for every one equity share of ₹2 face value held in Bhagyanagar India Limited. The resulting company's shares are planned for listing on NSE and BSE following regulatory approvals.

Regulatory Compliance and Next Steps

The scheme ensures compliance with SEBI regulations including ICDR Regulations, Listing Regulations, and relevant master circulars. The company has been directed to publish meeting notices in Financial Express (English) and Nava Telangana (Telugu) editions, and serve notices to statutory authorities and sectoral regulators as per prescribed procedures. The appointed chairpersons and scrutinizers will oversee the conduct of the mandatory meetings scheduled for March 2026.