BCC Fuba India Limited has announced significant corporate governance changes following its 71st Board Meeting held on November 12, 2025. The company, known for its printed circuit board manufacturing, has taken steps to enhance its corporate social responsibility (CSR) initiatives and strengthen its audit committee.

Key Developments

CSR Policy Adoption

The Board of Directors approved the adoption of a Corporate Social Responsibility (CSR) Policy, demonstrating the company's commitment to sustainable and responsible business practices.

CSR Fund Allocation

In line with the newly adopted CSR Policy, the Board has approved the allocation of funds for CSR spending. This move indicates BCC Fuba's intention to contribute to social and environmental causes.

Audit Committee Reconstitution

The company has restructured its Audit Committee, adding Mr. Ritesh Kumar Kapoor as a new member. This change aims to enhance the committee's oversight capabilities.

Reconstituted Audit Committee

The newly restructured Audit Committee now comprises the following members:

The addition of Mr. Ritesh Kumar Kapoor to the Audit Committee is effective from November 12, 2025.

Board Meeting Details

• Date: November 12, 2025
• Venue: 109, Wing II, Hans Bhawan, Bahadur Shah Zafar Marg, New Delhi, Delhi-110002, India
• Meeting Duration: 3:00 PM to 4:30 PM

These corporate actions reflect BCC Fuba India Limited's focus on enhancing its governance structure and social responsibility initiatives. The adoption of a CSR policy and allocation of funds for CSR activities indicate the company's commitment to sustainable business practices. Meanwhile, the reconstitution of the Audit Committee with the addition of a new independent director suggests a move towards strengthening financial oversight and transparency.

BCC Fuba India Limited, a manufacturer of printed circuits, has announced strong financial results for the quarter ended June 30, alongside key corporate developments.

Financial Performance

The company reported a significant increase in its revenue from operations, which rose to ₹1,549.79 crore for the quarter, marking a 61% growth compared to ₹963.19 crore in the same quarter of the previous year. This substantial growth in revenue highlights the company's expanding market presence and operational efficiency.

Net profit for the quarter stood at ₹131.87 crore, up from ₹87.19 crore in the corresponding quarter last year, representing a 51% increase. This growth in profitability underscores the company's ability to manage costs effectively while expanding its business.

Basic earnings per share (EPS) improved to ₹0.86, compared to ₹0.57 in the previous year's quarter, reflecting the company's enhanced profitability on a per-share basis.

Key Financial Highlights

Tax Implications

BCC Fuba India noted a significant increase in its tax expense, which rose to ₹56.67 crore from ₹17.67 crore in the same quarter last year. The company attributed this increase to the full absorption of brought-forward losses, resulting in a transition to the full corporate taxation regime. This change marks a new phase in the company's financial structure, indicating its move towards a more mature tax position.

Corporate Governance and Board Changes

In a move to strengthen its corporate governance, the Board of Directors appointed Mr. Ritesh Kumar Kapoor as an Additional Non-Executive Independent Director. Mr. Kapoor, born in 1964, is a qualified Chartered Accountant with extensive experience in taxation, finance, IFRS, accounting, and strategic management. His appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Upcoming Annual General Meeting

The company has scheduled its 39th AGM for September 1, to be held virtually. The e-voting period for shareholders will commence on August 29 and conclude on August 31. Mr. Naresh Samkaria of Samkaria & Associates has been appointed as the scrutinizer for the e-voting process.

Conclusion

BCC Fuba India's strong quarterly performance, coupled with strategic board appointments and transparent corporate governance practices, positions the company for continued growth. The significant increase in revenue and profitability, despite higher tax expenses, demonstrates the company's robust business model and effective management strategies.

Investors and stakeholders will be keenly watching the upcoming AGM for further insights into the company's future plans and strategies to maintain this growth momentum in the evolving market landscape.