Bluechip Tex Industries Ltd

Bluechip Tex Industries Ltd - Closure of Trading Window

AGM voting results

• AGM held Sep 22, 2026 via VC/OAVM; remote e-voting conducted before and during.
• Record date for voting: 15 Sep 2026; shareholders on record: 3,434.
• Votes polled: 1,215,190 (61.67%); in favour 1,215,178; against 12.
• Resolutions passed: adopt Audited Financial Statements; re-appoint Rahul A. Khemani; ratify Cost Auditors.
• Special resolutions: MOA and AOA amendments; appointment of independent director Mr. Saurabh S. Somani.
• Promoter group voted 100% in favour; Public Non Institutions 4.18% in favour; all resolutions approved.

Director appointment

• Appointment of Mr. Saurabh S. Somani as Non-Executive Independent Director.
• Effective date and term: 12 August 2026, for five consecutive years.
• Reason: appointment approved by members at AGM held 22 September 2026.
• Brief profile: BA in Economics; 8+ years in finance and investments.
• Relationship disclosures: not related to any other director.
• Debarment status: not debarred from holding office.
• Impact: board composition remains compliant with independent director requirements.

AGM details

• 41st AGM held 22 Sep 2026 at 12:00 IST via VC/OAVM; proxies not allowed.
• Attendance: 27 members attended via VC/OAVM.

Resolutions

• Adopt Audited Financial Statements for FY2025-26 (Ordinary).
• Re-appoint director Rahul A. Khemani on rotation (Ordinary).
• Ratify Cost Auditors' remuneration for FY2026-27 (Ordinary).
• Alter Memorandum of Association per Companies Act 2013 (Special).
• Alter Articles of Association per Companies Act 2013 (Special).
• Consider appointment of Saurabh S. Somani as Independent Director (Ordinary).

Voting status

• Voting results will be communicated to stock exchange and on the company website.

AGM details and access

• 41st AGM to be held on 22 September 2026 at 12:00 noon via VC/OAVM.
• Cut-off date for e-voting is 15 September 2026.
• E-voting window runs from 18 September 2026 9:00 AM to 21 September 2026 5:00 PM.
• Annual Report for FY 2025-26 available on the company website.
• Website: www.bluechiptexindustrieslimited.com > Annual Report; also on BSE.
• Queries can be directed to RTA Bigshare at investor@bigshareonline.com or bluechiptexindustries@gmail.com.

Financial performance

• Revenue from operations ₹21,982.08 lakh for FY2025-26, down from ₹24,928.96 lakh.
• Total income ₹21,989.28 lakh; PAT ₹18.68 lakh.
• EPS ₹0.95 (basic and diluted).
• Dividend for FY25-26 not declared.

Capital structure & liquidity

• Borrowings as at 31-03-2026: Nil.
• Debt-equity ratio at FY2025-26: 0.00; cash ₹91.43 lakh.
• Total cash and bank balances ₹109.31 lakh.
• Interest rate risk not material.

Shareholder returns & reserves

• No dividend declared for FY25-26.
• General reserve transfer for FY25-26 is nil.
• CSR not applicable; policy exists.
• Independent Directors met once; independence declarations received.

Governance & audit

• Statutory auditor: D. K. P. & Associates; Secretarial auditor: DTNV & Co; Internal auditor: Raju Gupta & Associates.
• Board meetings held five times in FY2025-26.
• Independent Directors met at least once; one meeting on 16 January 2026.
• Saurabh S. Somani proposed as Independent Director for five years from 12 Aug 2026.
• Cost auditor remuneration ratified for FY2026-27: Rs 40,000 plus taxes.
• Internal financial controls deemed adequate and operating effectively.

Related party transactions

• RPTs with Beekaylon Synthetics Pvt Ltd include ₹18,786.41 lakh raw materials purchases.
• BSPL insurance ₹2.87 lakh; sale of goods ₹2,386.65 lakh.
• RPTs approved by Audit Committee and Members; all disclosed per AOC-2.
• All BSPL transactions disclosed; prior omnibus approvals noted.

CSR & sustainability

• CSR not applicable for FY2025-26.
• Average net profit ₹14.32 lakh; CSR obligation nil.

Industry outlook & risks

• Textile sector expected growth; domestic demand rising; export risks.
• Company aims net debt-free in three years; liquidity focus.
• Emphasis on R&D and innovation to improve efficiency and competitiveness.

AGM details

• 41st AGM to be held on 22 September 2026 at 12:00 IST via VC/OAVM.
• Voting window: remote e-voting 18–21 Sept; results announced 23 Sept.

Ordinary business

• Adopt Audited Financial Statements for year ended 31 March 2026.
• Reappoint Rahul A. Khemani as Director (retiring by rotation).

Cost Auditor remuneration

• Ratify remuneration of Rs. 40,000 plus taxes for Cost Auditor NKJ & Associates for 2026-27.

MOA amendments

• Approve substitution of MOA with new MOA aligned to Companies Act 2013.

AOA amendments

• Adopt new AOA based on Table F of Companies Act 2013.

Independent Director appointment

• Appoint Mr. Saurabh S. Somani as Independent Director for five years (12 Aug 2026–11 Aug 2031).
• Independence declaration provided; no related party interest.