StockWatch
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Non Banking Financial Company (NBFC)
Business Update29 Aug 2026, 02:31 pm

B. P. Capital Ltd Expands into Tech Hardware & Electronics Business

AI Summary

B. P. Capital Limited's Board of Directors has approved the adoption of a new line of business encompassing computer software and hardware, consumer electronics, mobile phones, mobile accessories, and allied products. This strategic expansion is subject to shareholder approval. The board also approved alterations to the Memorandum and Articles of Association to facilitate this new venture. Additionally, the board approved re-appointments of directors Mr. Ajay Sharma and Mr. Faizal Bavaraparambil Abdul Khader, and authorized increased borrowing powers up to ₹300 crore and investment/loan/guarantee limits up to ₹50 crore, subject to member approval.

Key Highlights

  • Company diversifies into tech hardware, electronics, and mobile sectors.
  • Board approves new business line, pending shareholder consent.
  • Director re-appointments approved for upcoming terms.
  • Increased borrowing and investment powers authorized.
  • Changes to MOA and AOA to align with new business and regulations.