Bang Overseas Ltd

AGM Details

• AGM held on 29 September 2026 at 11:30 AM IST via VC/OAVM.
• Voting rights reckoned as of 22 September 2026.
• Remote e-voting period was 25–28 September 2026.
• 34 shareholders attended in person or by proxy.

Key resolutions and outcomes

• Item 1: Adoption of standalone and consolidated financial statements; passed with majority; 99.99% in favour, 0.01% against.
• Item 2: Re-appointment of Brijgopal Bang; 99.17% in favour, 0.83% against.
• Item 3: Approval of RPT with Thomas Scott (India) Limited; 98.74% in favour, 1.25% against.
• Item 4: Approval of RPT between Vedanta Creations Limited (WOS) and Thomas Scott (India) Limited; 98.74% in favour, 1.25% against.

Dividend and related notes

• Dividend: No dividend proposed or declared.

AGM Details

• Date/time/mode: 29 Sep 2026, 11:30 IST, via VC/OAVM.
• Chair: Brijgopal Bang, Managing Director.
• Attendance: 34 attendees via VC; no physical attendance.
• Duration: 11:30–12:02; e-voting open 15 minutes.

Resolutions

• Adopt standalone and consolidated financial statements for year ended 31 March 2026.
• Re-appoint Brijgopal Bang by rotation.
• Approve Material Related Party Transaction with Thomas Scott (India) Limited.
• Approve Related Party Transaction between Vedanta Creations Limited (WOS) and Thomas Scott (India) Limited.

Voting Results

• Results for remote and AGM voting to be declared within two working days.

Material Related Party Transactions

• RPT approvals include Thomas Scott (India) Limited and Vedanta Creations Limited (WOS) with Thomas Scott.

Director Changes

• Director Brijgopal Bang to be re-appointed by rotation.

Bang Overseas Limited: Trading Window closed from 1 October 2026 till 48 hours after the declaration of unaudited standalone & consolidated financial results for the quarter and half year ended 30 September 2026

Key results

• Board approved unaudited standalone and consolidated results for quarter ended 30 June 2026.
• Limited Review by Bharat Gupta & Co; no audit opinion expressed.
• Company is a single-segment textile manufacturer and trader; no segment reporting.
• Subsidiaries in consolidated results: Vedanta Creations Limited, Bang HK Limited.
• Paid-up equity share capital: Rs 1,356.00 Lakhs.
• Board meeting date: 14 August 2026.

Financial results

• Unaudited standalone and consolidated results for quarter ended 30 June 2026 approved.

Directors' Report and governance

• 34th Directors Report, Corporate Governance Report, and MD&A for year ended 31 March 2026 approved.

AGM details

• 34th AGM fixed for 29 September 2026; Register of Members closed 23–29 September 2026.
• Notice of AGM to be dispatched separately.

Auditors and reporting

• Limited Review Reports issued by Bharat Gupta & Co for standalone and consolidated results.
• Consolidated results include Vedanta Creations Limited and Bang HK Limited; other auditors reviewed these subsidiaries.

Other disclosures

• Single textile manufacturing and trading segment; no segment reporting due to export turnover below threshold.

Meeting Details

• Board meeting scheduled for Friday, August 14, 2026; time and venue not disclosed.

Key Agenda Items

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2026 to be considered.
• Any other matter with the permission of the Chairman.

Other Notes

• Trading window closed from July 01, 2026 and will remain shut for 48 hours after results declaration.

Dematerialisation/rematerialisation status

• Details of dematerialised/rematerialised securities furnished to all stock exchanges.