Bharat Bhushan Finance & Commodity Brokers Ltd

AGM details

• Date and time: 25 September 2026, 12:00 IST.
• Mode: Video Conferencing / OAVM.
• Concluded: 12:36 IST.
• Record date: 18 September 2026.
• Book closure: 19–25 September 2026 (inclusive).

Key resolutions

• Resolution 1: Adopt Audited Financial Statements for FY2025-26.
• Resolution 2: Declare dividend of Rs 0.40 per equity share.
• Resolution 3: Re-appoint Vijay Bhushan as Director.

Voting results

• Res 1: Passed; 99.99% in favour, 0.01% against.
• Res 2: Passed; 99.99% in favour, 0.01% against.
• Res 3: Passed; 99.99% in favour, 0.01% against.

Dividend

• Dividend of Rs 0.40 per equity share approved.

Director changes

• Vijay Bhushan re-appointed as Director.

AGM details

• Date/time: 25 Sep 2026, 12:00 IST; Mode: VC/OAVM.
• Duration: 12:00-12:36 IST.
• No record/book closure dates mentioned.

Key resolutions

• Adopt Audited Financial Statements and related reports for FY 2025-26.
• Dividend declaration: Rs 0.40 per equity share.
• Re-appoint director retiring by rotation.

Voting status

• Consolidated voting results to be posted on company/NSDL within two working days.

Dividend details

• Dividend declaration: Rs 0.40 per equity share.

Director changes

• Director retiring by rotation to be re-appointed.

Auditor notes

• Statutory auditor reported no qualification.

NSEL Settlement Scheme 2025 – BBFCBL update

• SEBI Settlement Order under NSEL Settlement Scheme 2025 issued September 9, 2026.
• Company received the order on September 11, 2026.
• Six months of voluntary debarment from proprietary trading and from taking new commodity clients.
• Settlement requires application fee of Rs 29,500 and settlement amount of Rs 6,00,000.
• No material impact on the company's finances or operations.
• BBFCBL appears in Annexure-A at Serial No. 30.
• Settlement order comes into force with immediate effect.
• Debarment period starts from passing of the settlement order.
• Total 91 entities availed the NSEL Settlement Scheme 2025.

AGM details

• AGM date/time: 25 September 2026 at 12:00 IST, via VC/OAVM.
• Deemed venue: Registered office; attendance via VC/OAVM.
• Record/Book closure: 19 September to 25 September 2026 (both days inclusive).

Resolutions put to vote

• Ordinary: adoption of audited financial statements for the year ended 31 March 2026.
• Ordinary: declaration of dividend of Rs 0.40 per equity share for FY 2025-26.
• Ordinary: reappointment of Vijay Bhushan by rotation.

Voting results

• Voting results not disclosed in this filing.

Dividend details

• Dividend proposed/approved: Rs 0.40 per equity share.

Director changes

• Director by rotation: Vijay Bhushan to be considered for reappointment as Non-Executive Director.

Auditor appointments

• Statutory auditor: M/s G.C. Agarwal & Associates; appointed for five-year term ending 2027; no change indicated.

Material related party transactions

• Related party disclosures cover Bharat Bhushan Equity Traders Ltd and group entities; securities trading and PMS-related activities.
• Aggregate related party transactions for 2026 approx Rs 16.99 crore; PMS/related charges around Rs 2.62 crore.

Other material approvals

• Rights issue completed; 33,80,400 equity shares issued at Rs 10 each; paid-up capital increased accordingly; no deviation in use of proceeds.
• Board later recommended final dividend of 4% post-year.

Financial performance

• Total income from operations: ₹72.80 lakh; PAT after tax: ₹8.71 lakh.
• Total comprehensive income: ₹-21.89 lakh.
• EPS: Basic ₹0.13; Diluted ₹0.14.
• Total assets: ₹2,753 lakh; Equity capital: ₹676.08 lakh.
• Rights issue: 3,380,400 shares; paid-up capital now ₹6.76 crore.
• Dividend proposed: ₹0.40 per equity share for FY2025-26.

Capital structure & rights issue

• Authorized share capital: ₹7 crore; issued/subscribed paid-up: ₹6.76 crore.
• Rights issue approved 16 July 2025; funds ₹3.38 crore utilized per Offer.
• Top promoters hold substantial stakes: Vijay Bhushan 27.96%; Nisha Ahuja 24.15% (as of 31-Mar-2026).

Dividend, unclaimed amounts & IEPF

• Dividend of ₹0.40 per share proposed; payout subject to shareholder approval.
• Shareholders to update PAN, bank details; TDS as per IT Act applicable.
• Unpaid dividend balance: ₹9.30 lakh; 21,720 shares transferred to IEPF for 92 shareholders.

AGM, governance & key changes

• 34th AGM on 25 Sep 2026 via VC/OAVM; notice and annual report emailed.
• Register of Members closed 19–25 Sep 2026.
• Company Secretary Baldev Garg ceased 25 Jul 2025; Abhay Panchal appointed 2 Aug 2025.
• Secretarial auditor: Poonam Hasija & Associates; MR-3 report contains no qualifications.
• Exemption from Corporate Governance under Reg 15(2); governance report not attached.

Related party transactions

• Annexure A shows transactions with BBET (related party): Sales ₹130.12 lakh; Purchases ₹194.53 lakh.
• Brokerage with BBET: ₹0.11 lakh; Net derivative/share trading: ₹2.90 lakh.
• Sitting fees to directors and NRC/Audit committee interactions disclosed; all reviewed quarterly.

NSEL settlement & outlook

• NSEL matter remained before SAT; SEBI Settlement Scheme filed January 2026; ₹29,500 fee and ₹6,00,000 settlement paid.
• Settlement order not issued as of report date; matter monitored for material developments.
• FY2026-27 outlook: cautiously optimistic; risks include FII outflows, geopolitical tensions, inflation.

Internal controls, risk & audit

• Internal financial controls established; internal audit by Rajesh Suresh Jain & Associates.
• STATUTORY audit: GC Agarwal & Associates; MR-3 secretarial audit: no adverse observations.
• Market risk mainly from investments; liquidity managed via cash, bank balances and investments.

AGM Details

• 34th AGM to be held on Friday, Sept 25, 2026 at 12:00 P.M. IST via VC/OAVM.

Record Date / Book Closure

• Register of Members and transfer books closed Sept 19–25, 2026 (inclusive).

Cut-off for E-voting

• Remote e-voting from Sept 22, 2026, 9:00 A.M. to Sept 24, 2026, 5:00 P.M.; cut-off Sept 18, 2026.

Dividend

• Final dividend, if declared, will be paid to members on the record date.