Bhagyanagar India Limited , a prominent player in the Indian corporate landscape, has announced a significant change in its leadership team. The company has appointed Mr. Janaki Rama Lakshmana Rao Kanukollu as its new Company Secretary and Compliance Officer, effective October 14, 2025.

Key Appointment Details

Appointment Process and Regulatory Compliance

The appointment was made by the Board of Directors following recommendations from the Nomination and Remuneration Committee. This decision aligns with the provisions of Section 203 of the Companies Act, 2013, and Regulation 6(1) of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Additional Responsibilities

In addition to his primary role, Mr. Kanukollu has been authorized to determine the materiality of events for stock exchange disclosures. This authority is granted in accordance with Regulation 30(5) of the SEBI Listing Regulations.

Contact Information

For matters related to material disclosures, Mr. Kanukollu can be reached at:

• Email: cs@surana.com
• Contact Number: 040-44665758 / 57

This strategic appointment underscores Bhagyanagar India Limited's commitment to maintaining robust corporate governance and ensuring compliance with regulatory requirements. Mr. Kanukollu's extensive experience and qualifications position him well to contribute to the company's secretarial and compliance functions.

Bhagyanagar India Limited (BIL) has announced a significant corporate restructuring initiative, aimed at streamlining its operations and unlocking shareholder value. The company's Board of Directors approved a Composite Scheme of Arrangement on September 20, 2025, which involves the amalgamation of its wholly-owned subsidiary and the subsequent demerger of its copper division.

Key Components of the Restructuring Plan

1. Amalgamation: Bhagyanagar Copper Private Limited (BCPL), a wholly-owned subsidiary of BIL, will be merged with the parent company.

2. Demerger: Following the amalgamation, BIL's copper division will be demerged and transferred to Tieramet Limited, a newly formed entity.

3. Share Allotment: Shareholders of BIL will receive shares in Tieramet Limited at a 1:1 ratio.

4. Listing Plans: Tieramet Limited intends to seek listing of its equity shares on both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).

Financial Snapshot of Involved Entities

The scheme provides insight into the financial positions of the companies involved:

*Tieramet Limited was incorporated on August 29, 2025, hence financial details are not applicable.

Rationale Behind the Restructuring

The company has outlined several strategic reasons for this corporate restructuring:

1. Corporate Structure Optimization: Reorganizing the structure by amalgamating a closely held entity with significant business potential into a widely held listed entity.

2. Value Unlocking: Creating separate entities to attract strategic and financial investors, potentially improving access to growth capital.

3. Operational Efficiency: Streamlining operations for better administrative efficiency and enhanced managerial focus.

4. ESG Focus: Establishing a new-age entity focused on Extended Producers Responsibility (EPR) and Environmental, Social, and Governance (ESG) standards, capitalizing on the growing global demand for copper.

5. Shareholder Flexibility: Providing investors with the option to invest in specific business segments according to their strategies and risk profiles.

Regulatory Approvals and Timeline

The scheme is subject to various regulatory approvals, including:

• Stock exchanges
• Shareholders and creditors
• National Company Law Tribunal, Hyderabad Bench
• Other statutory authorities

The appointed date for the scheme is set as April 1, 2025.

Impact on Shareholding Pattern

The restructuring will not alter the shareholding pattern of Bhagyanagar India Limited. For Tieramet Limited, shares will be issued to BIL's shareholders in a 1:1 ratio, effectively creating a mirror image of BIL's shareholding structure.

This corporate restructuring marks a significant step for Bhagyanagar India Limited as it seeks to optimize its business structure and create focused entities for its diverse operations. The move is expected to enhance operational efficiency and potentially unlock value for shareholders in the long run.