Bombay Wire Ropes Ltd

AGM Details

• AGM held physically on 14 August 2026 at 12:00 Noon at Kilachand Conference Room, IMC Building, Churchgate, Mumbai.

AGM Details

• Date and time: 14 August 2026 at 12:00 PM.
• Mode: physical AGM at venue with remote e-voting.
• Shareholder cut-off date: 7 August 2026.
• Shareholders on record: 2,615.

Resolutions and outcomes

• Resolution 1 (Ordinary): Adoption of Audited Financial Statements and Reports — passed.
• Resolution 2 (Ordinary): Vineeta Kanoria re-appointment as director liable to retire by rotation — passed.
• Note: 3,53,867 votes cast by Vineeta Kanoria excluded as invalid.
• Resolution 3 (Ordinary): Rajkumar Gulzarilal Jhunjhunwala re-appointment as Whole-Time Director — passed.
• Resolution 4 (Special): Continuation of Bimal Kumar Kanodia as Non-Executive Independent Director for five years — passed with some against.
• Resolution 5 (Ordinary): Zankhana Bhansali appointed Secretarial Auditor for five years; remuneration to be fixed — passed.

Appointments & Governance

• Vineeta Kanoria re-appointed as director liable to retire by rotation.
• Rajkumar Gulzarilal Jhunjhunwala re-appointed as Whole-Time Director.
• Bimal Kumar Kanodia continues as Non-Executive Independent Director for five years post-75.
• Zankhana Bhansali appointed Secretarial Auditor for five years; remuneration to be fixed.

AGM Details

• Date and time: 14 August 2026, 12:00 PM; mode: physical at IMC Chamber, Churchgate.
• Concluded at: 12:10 PM.

Resolutions Presented

• Ordinary: consider and adopt Audited Financial Statements and reports for year ended 31 March 2026.
• Ordinary: Re-appointment of Vineeta Kanoria as director liable to retire by rotation.
• Ordinary: Re-appointment of Rajkumar Jhunjhunwala as Whole Time Director.
• Special: Continuation of Bimalkumar Kanodia as Non-Executive Director after age 75 for five years.
• Ordinary: Appoint Zankhana Bhansali as Secretarial Auditor for five years and remuneration.

Director Changes

• Re-appointment of Vineeta Kanoria as director liable to retire by rotation.
• Re-appointment of Rajkumar Jhunjhunwala as Whole Time Director.
• Continuation of Bimalkumar Kanodia as Non-Executive, Non-Independent Director after age 75 for five years.

Auditor Appointments

• Appointment of Zankhana Bhansali & Associates as Secretarial Auditor for five years; remuneration to be fixed.

Financial results approved

• Unaudited standalone results for quarter ended 30 June 2026 approved.
• Net profit after tax for the quarter: 295.18.
• Earnings per share (basic and diluted): 5.53.
• Board approval date: 25 July 2026; results taken on record.
• Extract of results to be published under Regulation 47.
• Detailed results in listed format with Limited Review Report.

Meeting Details

• Board meeting on Friday, July 24, 2026, at the registered office, Mumbai (time not disclosed).

Key Agenda Items

• Approve unaudited Ind AS financial results for quarter ended June 30, 2026.

Other Notes

• Intimation confirms board meeting scheduled to approve unaudited Ind AS results.

reader-facing section

• Dematerialisation requests processed; securities confirmed to depositories (accepted/rejected) during quarter ended June 2026.
• Securities dematerialised have been listed on stock exchanges where the earlier issues are listed.
• Physical certificates dematerialised were mutilated and cancelled; depository name substituted as registered owner within timelines.

Court orders and impact

• Two court orders direct compensation payments to workers.
• Compensation of Rs 1,00,000 per year per worker for 13.03.1995 to 01.11.2006.
• Additional compensation from 01.11.2006 until retirement.
• Liability rests with a Developer per High Court consent terms; no impact on company.
• Orders were received June 24, 2026; disclosed as precaution.
• No expected operational or financial impact due to third-party indemnity.

Labour dispute update

• Industrial Court order dated 24 Jan 2026 requires compensation Rs 1,00,000 per year per workman.
• Tribunal award (24 Jan 2026) directs Rs 1,00,000/year per workman from 01 Nov 2006 to retirement.
• Compensation covers periods 13.03.1995 to 01.11.2006.
• Financial repercussions rest solely with Developer per 2012 consent terms.
• Disclosed to Exchange as a precaution.
• No immediate impact on company finances disclosed.
• Communication from labour union received on 24 June 2026.
• Consent terms referenced in filings with Bombay High Court (2012).