BCC Fuba India Ltd Board Approves Director Continuation & Executive Pay Revision
BCC Fuba India Ltd announced the outcome of its board meeting held on September 1, 2026. Key decisions included the continuation of Mr. Chandar Vir Singh Juneja as Non-Executive Independent Director beyond age 75 until January 8, 2027, approved by special resolution. The board also revised the terms and conditions for Mr. Abhinav Bhardwaj's appointment as Executive Director, including a salary increase. Additionally, approval was granted for providing loans, guarantees, or securities to directors or interested parties. Mr. Juneja's profile highlights extensive experience in business management and corporate governance, with no disclosed relationships to promoters or directors. Mr. Bhardwaj's revised tenure extends to August 31, 2030, with a salary increase effective from FY2026-27.
Key Highlights
- Independent Director Mr. Juneja to continue beyond 75 until Jan 2027.
- Executive Director Mr. Bhardwaj's appointment terms and salary revised.
- Board approved loans/guarantees for directors and interested parties.
- Mr. Juneja has no relationship with promoters or directors.
- Mr. Bhardwaj's salary increased to ₹3.50 Lakhs per month.
Price Impact
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