Bombay Dyeing & Manufacturing Company Ltd

GST SCN for FY 2020-21

• Demand-cum-Show Cause Notice received from Assistant Commissioner of State Tax, Mumbai.
• Notice concerns GST on infrastructure charges for flats sale and late input tax credit reversal.
• Total SCN amount Rs 4,84,19,772, including tax, interest, and penalties.
• Balance liability Rs 3,31,94,684 for interest and penalties; tax paid Rs 1,52,25,088 under protest.
• Receipt date 21 August 2026; operations unaffected; reply within permissible timeline.

Financials — Standalone Q1 FY27

• Standalone Q1 FY27 revenue from operations ₹410.8 cr; total income ₹433.92 cr.
• PAT from continuing operations ₹7.00 cr; EPS ₹0.34 (basic/diluted).
• Inventory write-down recognised ₹3.49 cr in Q1 June 30, 2026.
• Three ICC real estate project launched; revenue recognition over time per Ind AS 115.
• PBT before tax ₹10.29 cr; tax ₹3.29 cr.
• Costs: materials ₹356.84 cr; inventories reduced by ₹158.96 cr; employee ₹19.63 cr; other expenses ₹184.45 cr.

Corporate actions & notes

• Rajnesh Datt re-appointed Manager for two years from 4 Feb 2027 to 3 Feb 2029, pending member approval.
• Three ICC project costs: ₹2.81 cr (employee benefits) and ₹89.65 cr (other expenses) in Q1.
• Exceptional items for Q1: ₹0.74 cr provisions for litigious Real Estate matters.
• Standalone segment revenue: Polyester ₹350.79 cr; Real Estate ₹42.05 cr; Retail/Textile ₹14.71 cr.

AGM Details

• AGM held on 7 August 2026 at 11:30 IST via VC/OAVM.
• Total shareholders on record: 150,176.
• Attendees: Promoter Group 23; Public 73; attendance via VC.
• Voting cut-off date: Friday, 31 July 2026.

Resolutions & Outcomes

• Ordinary: Adopt standalone and consolidated financial statements for year ended March 31, 2026.
• Ordinary: Dividend on Preference Shares for year ended March 31, 2026.
• Ordinary: Dividend on Equity Shares for year ended March 31, 2026.
• Ordinary: Appoint Minnie Bodhanwala as Director; re-appointment by rotation.
• Ordinary: Ratification of Cost Auditors' remuneration for FY2027.
• Special: Remuneration to Non-Executive Directors in absence or inadequacy of profit.
• Special: Re-appoint Rajesh Batra as Non-Executive Independent Director for second five-year term, including post-75 continuation.
• Overall outcome: All resolutions passed; Resolution 7 had 0.76% opposition.

Auditors & Governance

• Statutory auditor appointment unchanged; no new appointment details disclosed.
• Remuneration for Cost Auditors ratified in Resolution 5.

Directors

• Minnie Bodhanwala re-appointed as Director (retiring by rotation).

AGM Proceedings

• 146th AGM held on 7 August 2026 at 11:30 IST via VC/OAVM.
• Ordinary resolutions proposed: adoption of standalone and consolidated financial statements for year ended 31 March 2026.
• Dividend resolutions: declare dividends on both preference and equity shares for FY2025-26.
• Resolution to re-appoint Dr. Minnie Aarasp Bodhanwala as Director.
• Remuneration payable to Cost Auditors for FY ending 31 March 2027 ratified.
• Special resolution: remuneration to Non-Executive Directors in absence or inadequacy of profit.
• Re-appointment of Rajesh Kumar Batra as Non-Executive Independent Director for a second five-year term beyond age 75.

Resignation of Bombay Realty CEO

• Rohit Santhosh, CEO of Bombay Realty, resigns effective 31 July 2026 to pursue an outside leadership role.

Regulatory update

• Supreme Court issued notice on 15 July 2026, directing the Company to file replies.
• No stay granted against SAT order; matter to be listed in due course.
• Appeals relate to SAT order that had set aside SEBI's order against the Company.
• Company will keep stock exchanges informed of material developments under SEBI LODR.

Demat processing status

• Registrar processed demat requests within 15 days of receipt and communicated approvals/rejections.
• Securities dematerialised have been listed on the stock exchanges where the existing securities are listed.
• Physical certificates mutilated and cancelled after verification; depository's name substituted as registered owner within timeline.

AGM notice and access

• 146th AGM scheduled for 7 August 2026 at 11:30 IST via video conference.
• Notice and Annual Report for FY 2025-26 distributed electronically to registered email holders.
• Members with unregistered emails can access Notice and Annual Report via provided web-link and QR code.
• Web-link/QR code also hosted on BSE, NSE and NSDL websites.
• Members without registered emails should update contact details per the AGM Notice.