Bedmutha Industries Ltd

Bedmutha Industries Ltd: Trading Window closed from October 01, 2026 till 48 hours after the announcement/declaration of the Unaudited Financial Results for the Quarter ending September 30, 2026.

AGM Details

• AGM held on 28 September 2026 at 11:45 AM IST via video conferencing.
• Remote e-voting conducted from 25 to 27 September 2026.
• Record date: 21 September 2026; on-record shareholders: 6,708.
• Attendance via VC: 7 promoters and 52 public.

Key Resolutions

• Resolution 1 (Ordinary): Adopt standalone financial statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): Adopt consolidated financial statements for year ended 31 March 2026.
• Resolution 3 (Ordinary): Re-appoint Ajay Vedmutha as director by rotation.
• Resolution 4 (Ordinary): Ratify remuneration to Cost Auditors for 2026-27.
• Resolution 5 (Special): Increase remuneration for Chairman from 01 Apr 2026 to 09 Aug 2027.
• Resolution 6 (Special): Increase remuneration for MD from 01 Apr 2026 to 13 Nov 2027.
• Resolution 7 (Special): Increase remuneration for MD from 01 Apr 2026 to 13 Nov 2028.
• Resolution 8 (Special): Increase remuneration for SCEO Vinita Vedmutha from 01 Apr 2026.
• Resolution 9 (Ordinary): Approve related party transactions with MNE Components India Pvt Ltd for one year.
• Resolution 10 (Ordinary): Approve related party transactions with Arian Innovations Pvt Ltd for one year.

Voting Results

• Resolution 1: Passed; near-unanimous in favour.
• Resolution 2: Passed; near-unanimous in favour.
• Resolution 3: Passed; by rotation.
• Resolution 4: Passed; cost auditors remuneration ratified.
• Resolution 5: Passed; remuneration for Chairman approved.
• Resolution 6: Passed; MD remuneration approved.
• Resolution 7: Passed; MD remuneration approved.
• Resolution 8: Passed; SCEO remuneration approved.
• Resolution 9: Passed; RPT with MNE Components approved; one invalid related vote noted.
• Resolution 10: Passed; RPT with Arian Innovations approved.

Dividend

• No dividend proposed or declared.

Director Changes

• Re-appointment of Ajay Vedmutha as director by rotation.

Auditors

• Remuneration for Cost Auditors ratified for 2026-27; no change to statutory auditors.

Material Related Party Transactions

• Approval for related party transaction with MNE Components India Pvt Ltd for one year.
• Approval for related party transaction with Arian Innovations Pvt Ltd for one year.

Financial performance

• Revenue from operations (Mar-26): ₹1,466.74 crore, up from ₹1,049.33 crore in 2025.
• PAT with subsidy: ₹7.05 crore (Mar-26) vs ₹24.80 crore in 2025.
• PAT without subsidy: ₹7.05 crore (Mar-26) vs ₹-9.93 crore in 2025.
• Net worth: ₹152.47 crore (Mar-26) vs ₹145.42 crore (Mar-25).
• EPS: ₹2.19 (Mar-26) vs ₹7.69 (Mar-25).

Subsidy & mega project

• Subsidy accrued up to Q3 FY2024-25: ₹331.94 crore.
• Subsidy receivable as of 22-09-2026: ₹90.29 crore.
• Second Mega Project sanctioned: ₹460 crore; min investment ₹250 crore; completion by Mar 2027.
• Investments under Mega Project: ₹255.55 crore (31 Mar 2026); ₹301.31 crore (30 Jun 2026).
• Phase-1 eligibility investment completed: ₹250 crore; balance ₹204.45 crore expected.

Development & capacity expansion

• Wire rope and strand capacity planned to reach 24000 MT annually (2026-27 to 2027-28).
• Copper foil capacity planned to reach 10800 MT annually (2026-27 to 2027-28).
• Rope factory shed extended by 10,000 sq m; copper shed by 5,000 sq m.
• Solar capacity: 422 kW rooftop and 2464 kW ground-mounted; net saving ₹2.61 crore annually.
• Commercial solar operations started on 1 Oct 2024; minimum generation 4,350,000 units.

Energy project outlook

• Plan to install additional 4000 kW DC rooftop solar by Mar 2028.

AGM proceedings & governance

• 36th AGM held Sep 28, 2026 via video conference; quorum 59 members.
• Adopted standalone and consolidated financial statements; re-appointment of Ajay Vedmutha as director.
• Remuneration approved for Cost Auditors; increments for Bedmutha, Vedmutha, Ajay Vedmutha, Vinita Vedmutha.
• Related party transactions approved with MNE Components India and Arian Innovations for one year.
• Voting results to stock exchanges by Sep 30, 2026; results uploaded online.

Acquisition details

• Combined pre-acquisition voting-right shares held by PACs: 1,611,148 (4.99%).
• Acquirers and PACs: S.R. Foundation, Riti Foundation, RR Foundation, Swati Foundation, Suruchi Foundation, Suruchi Saraf, Sanskriti Gupta; not promoter group.
• Mode of acquisition: Open Market.
• Date of acquisition: 28 July 2026.
• Post-acquisition voting-right holdings: 1,619,911 shares (5.02%).
• Before-acquisition aggregate: 1,611,148 shares (4.99%).
• Share capital before/after: Rs. 32,26,38,840; no change.
• Securities: Equity Shares; no warrants or encumbrances.
• Listing: BSE and NSE.

AGM and shareholder communications

• AGM 36th scheduled for Sept 28, 2026 at 11:45 IST via VC/OAVM.
• Letter to shareholders without registered emails issued Sept 5, 2026 with AR access link.
• Annual Report 2025-26 available online via company website and Investors section.
• Cut-off date for email registration: Aug 28, 2026.
• KYC update and dematerialisation of physical securities per SEBI circular; forms ISR-1/2/3 and SH-13/14.
• Reminder to update email and KYC to enable electronic payments and online services.

Appointment details

• Name and designation: Mr. Nilesh Amrutkar, ACS-24085, appointed Company Secretary & Compliance Officer.
• Effective date: 12 August 2026.
• Reason for change: Appointment of CS & CO as KMP.
• Professional profile: ICSI Associate Member (No: A24085) with 15+ years' experience.
• Relationships: Not related to any other director.
• Governance: Designated KMP; authorized to perform Company Secretary & Compliance Officer duties.

Standalone results

• Revenue from operations: Rs 54,143.33 Lakhs.
• Other income: Rs 320.74 Lakhs.
• Total income: Rs 54,464.06 Lakhs.
• Expenses: Rs 53,771.32 Lakhs.
• Profit before tax: Rs 692.75 Lakhs.
• Net profit after tax: Rs 697.75 Lakhs.
• EPS (basic/diluted): Rs 2.15.

Consolidated results

• Revenue from operations: Rs 54,143.33 Lakhs.
• Total income: Rs 54,464.06 Lakhs.
• Expenses: Rs 53,771.32 Lakhs.
• Profit before tax: Rs 692.75 Lakhs.
• Net profit after tax: Rs 697.20 Lakhs.
• EPS (basic/diluted): Rs 2.15.

Segment mix (Standalone)

• Steel revenue: Rs 12,676.91 Lakhs.
• Copper revenue: Rs 41,466.42 Lakhs.
• Segment results before finance costs: Steel Rs 842.90; Copper Rs 714.03; EPC (2.77); Others 0.05.
• Total segment results before finance costs: Rs 1,534.22 Lakhs.
• Finance cost: Rs 861.47 Lakhs.
• Segment profit before tax: Rs 692.75 Lakhs.

Governance

• Nilesh Amrutkar appointed Whole-Time Company Secretary & Compliance Officer, effective 12 August 2026.