Bombay Dyeing Holds 146th Annual General Meeting; Approves Financials and Key Directorship Resolutions
The Bombay Dyeing & Manufacturing Company Limited successfully concluded its 146th Annual General Meeting (AGM) on Friday, August 7, 2026. The meeting was conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM), starting at 11:30 a.m. IST and concluding at 1:00 p.m. IST.The AGM saw the presence of all Directors, Manager, Chief Financial Officer (CFO) and Chief Risk Officer (CRO), the Company Secretary, representatives from Statutory, Cost, Secretarial Auditors, and Scrutinizers. Mr. Nusli N. Wadia, Chairman of the Board of Directors, chaired the meeting.
During the proceedings, it was informed that the company's Annual Report for the Financial Year 2025-26 had been sent to members via email and was also available on the Company website, Stock Exchanges, and the NSDL platform. The Chairman noted that the Statutory Auditors’ reports contained no comments or qualifications. With member permission, the Notice, Directors’ Report, and both the Standalone and Consolidated Financial Statements, along with their respective Auditor's Reports, were read out.
The members were provided an opportunity to express views and ask questions. The company confirmed it had responded to queries received from shareholders in advance, adding that any other raised queries would be answered via email within three working days.
Resolutions Transacted at the AGM
During the meeting, 7 resolutions were transacted, covering financial approvals, dividend declarations, and board appointments. The key decisions included:| Resolution Type | Description |
|---|---|
| Ordinary Resolutions | Adoption of Audited Standalone and Consolidated Financial Statements for FY ending March 31, 2026. Declaration of dividends on Preference Shares and Equity Shares for the same financial year. Appointment of a Director in place of Dr. (Mrs.) Minnie Aarasp Bodhanwala who retires by rotation. Ratification of remuneration payable to Cost Auditors for the Financial Year ending March 31, 2027. |
| Special Resolutions | Payment of Remuneration to Non-Executive Directors (including Independent Directors) in the event of absence or inadequacy of profit. Re-appointment of Mr. Rajesh Kumar Batra as the Non-Executive Independent Director for a second term of five consecutive years. |
E-Voting Process and Next Steps
The Company Secretary, Sanjive Arora, conducted the meeting through e-voting. The remote e-voting facility was open to members from Tuesday, August 4, 2026, at 9:00 A.M. IST until Thursday, August 6, 2026, at 5:00 P.M. IST. For the meeting, a period of 30 minutes was allowed for e-voting to members present who had not previously cast their votes.The Company announced that M/s Parikh & Associates, Practicing Company Secretaries in Mumbai, were appointed as the Scrutinizer to oversee the e-voting process. The results of the e-voting are scheduled to be announced within two working days of the AGM's conclusion and will be uploaded on the Company's website and NSDL platform.
BOMDYEING Stock Price Movement
Shares of Bombay Dyeing & Mfg Company Limited slipped slightly on Friday, settling at ₹120.23 after shedding 0.02% in the trading session. The stock traded within a range defined by a day high of ₹122.65 and a low of ₹119.12, with 492,747 shares recorded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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