Bartronics India Limited , a company specializing in providing digital solutions, has initiated a postal ballot process to seek shareholder approval for the appointment of a new statutory auditor. This move comes in the wake of the resignation of their previous auditor, M/s. Brahmayya & Co., Chartered Accountants.

Key Details of the Proposed Appointment

• New Auditor: M/s. SVRL & Co., Chartered Accountants (Firm Registration No. 016182S)
• Reason: To fill the casual vacancy caused by the resignation of M/s. Brahmayya & Co.
• Tenure: From the date of appointment until the conclusion of the next Annual General Meeting
• Scope: Conduct statutory audit for the period ending March 31, 2026

Postal Ballot Process

• E-voting Period: November 18, 2025 (9:00 AM IST) to December 17, 2025 (5:00 PM IST)
• Cut-off Date: November 14, 2025
• Result Announcement: On or before December 19, 2025

The company has engaged the National Securities Depository Limited (NSDL) to provide the e-voting facility to its shareholders. In compliance with MCA circulars, the postal ballot notice is being sent only through electronic mode to shareholders whose email addresses are registered with the company or depositories.

Regulatory Compliance

This appointment is in line with Section 139(8) of the Companies Act, 2013, which requires any casual vacancy caused by an auditor's resignation to be filled by the Board of Directors within 30 days, subject to subsequent approval by the members at a general meeting.

Company Performance

Alongside this corporate action, Bartronics India has reported financial results for Q2 FY26:

The company attributes this performance to improved field execution, enhanced productivity, and better conversion across key financial inclusion schemes.

Shareholders are advised to review the detailed postal ballot notice and participate in the e-voting process to exercise their voting rights on this important corporate decision.

Bartronics India Limited , a key player in the financial inclusion space, has reported robust financial results for the second quarter, marking significant progress in its turnaround journey. The company's performance showcases substantial growth in both revenue and profitability, driven by improved operational efficiency and expanded market reach.

Financial Highlights

Note: All figures in lakhs

Key Performance Drivers

The company's impressive Q2 performance can be attributed to several factors:

1. Stronger Field Execution: Bartronics India has significantly improved its on-ground operations, leading to better productivity and efficiency.

2. Enhanced Operational Leverage: The company's efforts in cost management and operational streamlining have resulted in improved profitability.

3. Financial Inclusion Schemes: Bartronics has seen improved productivity and conversion rates across key financial inclusion schemes, contributing to revenue growth.

Half-Year Performance

For the first half of the fiscal year, Bartronics India reported:

• Revenue: ₹2,122.98 lakh (stable year-on-year)
• Profit After Tax: ₹145.14 lakh (up 27% year-on-year)

This half-yearly performance indicates a more resilient and structurally stronger profitability profile for the company.

Operational Initiatives

Bartronics India's turnaround strategy includes several key initiatives:

• Expanded outreach for Pradhan Mantri Jan Dhan Yojana (PMJDY)
• Increased sourcing of Atal Pension Yojana (APY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) accounts
• Significant uptick in Re-KYC completions
• Strengthened monitoring processes
• Deeper collaboration with Gram Panchayats
• Enhanced coordination with partner banks

Management Commentary

Mr. N. Vidhya Sagar Reddy, Managing Director of Bartronics India, commented on the results: "This quarter's results reflect the focused and consistent execution by our teams at the grassroots level. The steady rise in both revenue and profitability underscores the effectiveness of our strengthened operating model. We remain committed to further consolidating this momentum in the coming quarters."

Outlook

Bartronics India appears optimistic about sustaining its growth trajectory through continued operational discipline and expansion of its rural financial inclusion network. The Q2 results mark a significant step in the company's turnaround journey, demonstrating clear progress toward operational stability and profitable growth.

As Bartronics India continues to strengthen its position in the financial inclusion sector, investors and market watchers will likely keep a close eye on the company's performance in the coming quarters to assess the sustainability of its turnaround efforts.