BPL Ltd

Financial results

• Unaudited Q1-2026 results approved for standalone and consolidated with Limited Review.
• Consolidated balance sheet and P&L for June 30, 2026 presented.
• Standalone Q1-2026 results approved for the quarter ended 30 June 2026.

AGM and governance

• Notice for 62nd AGM convened via VC/OAVM.
• Board's Report for FY2025-26 approved.
• Scrutinizer for AGM 2026: Mr. P. Sivarajan.

Secretarial and regulatory

• Secretarial Audit Report for FY2025-26 issued by Madhwesh, PCS.
• Limited review noted; disclosures for Note 8 and Note 10 referenced.
• Contingent liabilities and disputes disclosed; ARCIL/IBC matters noted.

Resolutions and outcomes

• Special Resolution: Re-appoint CK Sabareeshan as Independent Director for a further 5-year term, independent status.
• Outcome: Passed with 99.96% in favour (2,88,02,683 for) and 0.03% against.
• Impact: No share capital change; governance strengthened by independent director.

Meeting Details

• Date: Wednesday, the 12th; time and location not disclosed.

Key Agenda Items

• No agenda items disclosed in filing.

Other Notes

• No additional material information disclosed.

Reporting to stock exchanges

• Details of dematerialised/rematerialised securities furnished to all exchanges where shares are listed.

NCLT matter update

• NCLT, Kochi, dismissed the IBC-related action.
• Action involved an unsecured creditor, Morgan Securities Pvt Ltd, under sections 7 and 9 of the IBC.
• Date of receipt of direction: 08/07/2026.
• Impact: the matter was dismissed; no quantifiable financial or operational impact determined.
• Status: Company continues normal operations.

Item 1: Re-appointment of Independent Director

• Item 1: Special Resolution to re-appoint CK Sabareeshan as Independent Director for 5 years.
• Independence criteria met; meets Section 149(6) and LODR; not disqualified.
• Term: Aug 12, 2026 to Aug 11, 2032; not liable to retire by rotation.
• Remuneration: board may approve commission and sitting fees within prescribed limits.
• Experience: 31 years in finance, governance; former CFO.
• Board authorized to implement resolution.

Insolvency Application by Creditor

• National Company Law Tribunal, Kochi received insolvency application under Section 7
• Application registered as Case No. KOB C.P. (IB) 10/2026 on 13 April 2026
• Company granted opportunity to file objections; no further orders passed yet
• Creditor requests NCLT to act on Supreme Court order; company’s review petition pending
• Dispute previously disclosed in quarterly financial results notes
• Company states no expected financial or operational impact from application
• Business activities continue normally during legal proceedings
• Management confident and taking legal steps to file objections before NCLT