Bright Brothers Limited , a prominent player in the manufacturing sector, held its 78th Annual General Meeting (AGM) on August 25, 2025, where shareholders approved several significant resolutions, including the reappointment of key personnel and the appointment of a new Secretarial Auditor.

Reappointment of Independent Director

One of the notable outcomes of the AGM was the approval of Mr. Anil Kumar Bhandari's reappointment as an Independent Director for a second five-year term. The special resolution passed by shareholders extends Mr. Bhandari's tenure from September 9, 2025, through September 8, 2030.

Mr. Bhandari, who holds DIN 00031194, brings a wealth of experience to the board. A graduate in Economics from Madras University with a Masters from North Eastern University Boston, USA, he is a second-generation coffee grower in Coorg, Karnataka, with over 50 years of industry experience. His past roles include serving as Vice Chairman of the Coffee Board of India, demonstrating his expertise in the agricultural sector.

The company confirmed that Mr. Bhandari has not been debarred from holding directorship by SEBI or any other authority, ensuring compliance with regulatory requirements. His extensive experience in Business Management, Operations, and Strategic Planning is expected to continue benefiting Bright Brothers Limited in his renewed term.

Appointment of Secretarial Auditor

In another significant move, shareholders approved the appointment of Ms. Purnima Shetty as the company's Secretarial Auditor for a five-year period. Ms. Shetty, a Practicing Company Secretary since 2015, will serve in this role from FY 2025-26 to FY 2029-2030.

Ms. Shetty brings over two decades of corporate experience, including extensive knowledge in Company Law, Secretarial and Management Advisory Services, Legal Due Diligence, Transaction documents, Mergers and Acquisitions, Listing Regulations, and IBC. Her appointment is expected to strengthen the company's compliance and governance framework.

Other Key Resolutions

The AGM also saw the approval of several other important resolutions, including:

• Adoption of Audited Standalone and Consolidated Financial Statements for FY 2024-25
• Declaration of dividend on equity shares for FY 2024-25
• Re-appointment of Mr. Suresh Bhojwani as Chairman and Managing Director
• Ratification of remuneration for Cost Auditors for FY 2025-26
• Approval of remuneration for Mr. Suresh Bhojwani and Mrs. Devika Bhojwani for their remaining terms
• Payment of commission to Non-executive Directors

The meeting, which lasted from 11:30 a.m. to 12:30 p.m., provided a platform for shareholders to engage with the company's leadership. Mr. Karan Bhojwani, Whole-time Director, delivered a speech on behalf of the Chairman, highlighting the financial performance for FY 2024-25 and outlining business prospects for FY 2025-26.

These approvals and appointments reflect Bright Brothers Limited's commitment to maintaining strong corporate governance and ensuring experienced leadership at the helm of its operations. As the company moves forward, these strategic decisions are likely to play a crucial role in shaping its future growth and performance in the manufacturing sector.

Bright Brothers Limited , a leading manufacturer of plastic moulded parts, has announced its unaudited financial results for the first quarter. The company has demonstrated robust performance with significant growth in both revenue and profitability.

Financial Highlights

Standalone Performance

Consolidated Performance

Revenue Growth and Profitability

Bright Brothers Limited has shown impressive growth in its consolidated revenue, which stood at Rs 10,107.07 lakhs for the quarter. This represents a substantial increase of approximately 16% compared to Rs 8,716.67 lakhs in the same quarter of the previous year.

The company's profitability has also seen a notable improvement. The consolidated profit for the period reached Rs 317.02 lakhs, marking a significant rise of about 28% from Rs 247.19 lakhs in the corresponding quarter of the previous fiscal year.

Operational Performance

Bright Brothers Limited continues to operate in a single business segment: manufacturing of plastic moulded parts. The company's focus on this core competency has contributed to its strong financial performance.

Board Approval and Audit Review

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on August 12. The statutory auditors have carried out a limited review of the results for the quarter, as required under SEBI regulations.

Management Commentary

Suresh Bhojwani, Chairman and Managing Director of Bright Brothers Limited, stated, "We are pleased with our performance in the first quarter. The significant growth in both revenue and profitability reflects the strength of our business model and the increasing demand for our products. We remain committed to delivering value to our shareholders and maintaining our position as a leading player in the plastic moulded parts industry."

Looking Ahead

While the company has not provided specific guidance for the future, the strong start to the fiscal year positions Bright Brothers Limited well for continued growth. Investors and analysts will be watching closely to see if the company can maintain this momentum in the coming quarters.

Bright Brothers Limited's shares are listed on the BSE with the scrip code 526731. Investors are advised to consider the company's future announcements and market conditions when making investment decisions.