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Trading & Distributors
Board Meeting4 Sept 2026, 06:41 pm

Balgopal Commercial Ltd Board Approves Director Appointments & Capital Increase

AI Summary

Balgopal Commercial Ltd announced the outcome of its Board Meeting held on September 4, 2026. The board approved the Board's Report, Management Discussion & Analysis Report, and Corporate Governance Report for the year ended March 31, 2026. Key appointments include Mr. Amit Bharat Agrawal and Mr. Prakash Shyamsundar Modi as Additional Non-Executive Independent Directors, and Mr. Premkumar Pawankumar Goyal as a Non-Executive, Non-Independent Director, all subject to shareholder approval. The company also approved an increase in authorized share capital from ₹24 Crores to ₹32 Crores and a proposal for a name change to "DREAMAX ENTERPRISES LIMITED", pending member approval. Material related party transactions were also approved.

Key Highlights

  • Board approved annual reports and took note of secretarial audit.
  • Approved appointment of three new directors, subject to shareholder nod.
  • Proposed increase in authorized share capital from ₹24 Cr to ₹32 Cr.
  • Approved name change to "DREAMAX ENTERPRISES LIMITED".
  • Approved material related party transactions requiring shareholder consent.