Baroda Rayon Corporation Reappoints Key Directors, Sets Date for 65th AGM
Baroda Rayon Corporation Limited (BRCL) has announced the reappointment of Mr. Damodarbhai Patel as Managing Director and Mr. Viral Bhavani as Whole Time Director, both for three-year terms starting in 2025. The company's 65th Annual General Meeting is scheduled for September 27, 2025, at Patidar Bhavan, Kadodara, Surat. Book closure dates are set from September 21 to 27, 2025, with the e-voting cut-off date on September 20, 2025. Mr. Manish Patel has been appointed as the scrutinizer for e-voting processes.

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Baroda Rayon Corporation Limited (BRCL) has announced significant leadership changes and upcoming corporate events, as disclosed in recent regulatory filings with the BSE.
Leadership Reappointments
The Board of Directors of BRCL has approved the reappointment of two key executives:
- Mr. Damodarbhai Patel has been reappointed as Managing Director for a three-year term from December 12, 2025, to December 11, 2028.
- Mr. Viral Bhavani has been reappointed as Whole Time Director for a three-year term from October 1, 2025, to September 30, 2028.
Both reappointments are subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Directors' Profiles
Mr. Damodarbhai Patel
- Commerce graduate with an LLB
- On BRCL's board since 2008
- Over 40 years of business experience
- Expertise in wood, real estate, and textile industries since 1982
Mr. Viral Bhavani
- Commerce graduate with an MBA
- Joined BRCL's board in 2020
- Over 15 years of experience in real estate and textile business
- Strong skills in corporate governance, financial management, and strategic planning
- Son of Mr. Damodarbhai Patel
65th Annual General Meeting
BRCL has announced details for its upcoming 65th AGM:
- Date: Saturday, September 27, 2025
- Time: 9:00 a.m.
- Venue: Patidar Bhavan, Kadodara, Surat- 394327, Gujarat
Important Dates
Event | Date |
---|---|
Book Closure | September 21, 2025, to September 27, 2025 (both days inclusive) |
E-voting Cut-off Date | Saturday, September 20, 2025 |
The company has appointed Mr. Manish Patel, a Practicing Company Secretary from Surat, as the scrutinizer for both remote e-voting and e-voting during the AGM.
These developments showcase Baroda Rayon's commitment to maintaining stable leadership while adhering to corporate governance norms. Shareholders will have the opportunity to vote on these reappointments and other matters at the upcoming AGM.
Historical Stock Returns for Baroda Rayon
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.54% | +2.99% | -6.59% | +1.61% | -16.84% | +3,093.97% |