BCL Enterprises Limited has announced a revision in the date of its 2nd Extraordinary General Meeting (EGM) for Financial Year 2025-26, following a Board of Directors meeting held on February 21, 2026. The decision was communicated to BSE Limited and Metropolitan Stock Exchange of India Limited (MSEI) in compliance with Regulation 30 of SEBI LODR Regulations.

Board Meeting Details and Decisions

The Board meeting was conducted on Saturday, February 21, 2026, commencing at 11:30 A.M. and concluding at 12:10 P.M. The primary agenda focused on revising the previously announced EGM date to accommodate operational requirements.

EGM Rescheduling Details

The Board approved the convening of the 2nd EGM of the Members for Financial Year 2025-26 on Thursday, March 19, 2026. The meeting will be conducted through Video Conferencing (VC) and Other Audio Visual Means (OAVM), in accordance with applicable provisions of the Companies Act, 2013 and SEBI LODR Regulations.

Rationale for Date Revision

The company stated that the revision was approved to provide additional time for several critical processes:

• Finalization of requisite documents
• Completion of statutory and regulatory compliances
• Incorporation of additional information in the Notice of EGM
• Facilitation of informed decision-making by shareholders

Regulatory Compliance and Documentation

The Board also approved the revised Notice of the EGM along with the Explanatory Statement pursuant to Section 102 and other applicable provisions of the Companies Act, 2013. This revision follows an earlier intimation dated February 11, 2026, that was submitted to both BSE Limited and MSEI regarding the EGM.

The announcement was signed by Om Prakash Sambharia, Director (DIN: 10088564), and submitted to the stock exchanges as required under regulatory guidelines. The company indicated that any further information regarding the EGM will be submitted to the exchanges in due course.

BCL Enterprises Limited's Board of Directors conducted a comprehensive meeting on February 11, 2026, addressing multiple corporate governance matters and strategic decisions under Regulation 30 of SEBI LODR Regulations. The meeting, which commenced at 4:30 PM and concluded at 5:30 PM, resulted in several key approvals that will shape the company's immediate operational structure.

Extraordinary General Meeting Scheduled

The board approved convening the 2nd Extraordinary General Meeting (EGM) for financial year 2025-26, scheduled for Monday, March 9, 2026. The meeting will be conducted through Video Conferencing (VC) and Other Audio Visual Means (OAVM), with the board also approving the Notice of EGM along with the Explanatory Statement pursuant to Section 102 and other relevant provisions of the Companies Act, 2013.

Leadership Changes and New Director Appointment

In a significant governance development, the board appointed Ms. Sonika Aggarwal (DIN: 11534586) as Additional Non-Executive Independent Director, effective February 11, 2026. The appointment, made in accordance with Sections 161, 149, and 150 of the Companies Act, 2013, and Regulation 17 of SEBI LODR Regulations, 2015, remains subject to shareholder approval.

Statutory Auditor Transition

The company experienced a complete change in its statutory audit structure. M/s. Sandeep Kumar Singh & Co., Chartered Accountants (Firm Registration No. 035528N), tendered their resignation on February 11, 2026, citing pre-occupation as the primary reason. The resigning auditors confirmed they had no disputes or concerns with the company and had completed statutory audits for the second quarter/half year ended September 31, 2025, and third quarter/nine months ended December 31, 2025.

The Audit Committee considered the circumstances of resignation and noted that the statutory auditors raised no concerns or issues. M/s G H R & CO, established in 2011, was appointed as the new statutory auditor to fill the casual vacancy, subject to shareholder approval.

Internal Auditor Restructuring

Simultaneously, the company restructured its internal audit function. M/s Ghanshyam Gupta & Co., Chartered Accountants, resigned from their position as Internal Auditor, citing work overload and time constraints. The firm, which was appointed on November 14, 2025, was relieved from services effective February 11, 2026.

M/s U. Shanker & Associates, with extensive experience in internal audit, revenue, statutory, concurrent and stock audit of nationalized banks, was appointed as the new Internal Auditor for Financial Year 2025-26.

Fund Raising Proposal Approved

The board approved a significant financial proposal to raise funds through convertible loans, pursuant to Section 62(3) of the Companies Act, 2013. The proposal, recommended by the Audit Committee, is subject to shareholder approval at the ensuing Extraordinary General Meeting and other applicable approvals. The company clarified that no equity shares are being issued at this stage, and any conversion will be carried out only upon receipt of shareholders' approval and in compliance with applicable provisions of the Companies Act, 2013, SEBI regulations, and RBI laws.

All decisions taken during the board meeting align with regulatory requirements under SEBI LODR Regulations and the Companies Act, 2013, demonstrating the company's commitment to maintaining robust corporate governance standards.