
Bhagawati Gas Board Approves Q1 FY27 Unaudited Results
Bhagawati Gas Limited's Board of Directors met on August 14, 2026, approving the unaudited standalone financial results for the quarter ended June 30, 2026. The board also approved the Directors' Report for FY26, the Management Discussion and Analysis Report, and the Corporate Governance Report. Key decisions included approving the notice for the 52nd Annual General Meeting (AGM) scheduled for September 30, 2026, and setting September 23, 2026, as the cut-off date for voting eligibility. The board recommended the re-appointment of Mr. Rakesh Samrat Bhardwaj as Managing Director and the appointment of Mr. Mazhar Hasan as an Independent Director. The resignation of statutory auditor M/S Jain Paras Bilala & Co. was noted, and M/s YG & ASSOCIATES was recommended as the new statutory auditor. The company also approved the appointment of NSDL for remote e-voting and an alteration to the Memorandum of Association.
Key Highlights
- Approved unaudited standalone financial results for Q1 FY27.
- Noted resignation of statutory auditor; recommended M/s YG & ASSOCIATES.
- Recommended re-appointment of MD and appointment of new Independent Director.
- Scheduled 52nd AGM for September 30, 2026, with September 23 as cut-off.
- Approved alteration of Memorandum of Association.
Price Impact
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