StockWatch
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Management Change14 Aug 2026, 06:50 pm

Bhagawati Gas Ltd Recommends Mazhar Hasan as Independent Director

AI Summary

Bhagawati Gas Ltd announced that its Board of Directors has recommended the appointment of Mazhar Hassan as a Non-Executive and Independent Director for a term of five years, subject to shareholder approval at the upcoming AGM. The board also approved the unaudited standalone financial results for the quarter ended June 30, 2026, and the Directors' Report for the financial year ended March 31, 2026. Additionally, the company noted the resignation of its statutory auditor, M/SJain Paras Bilala & Co., and recommended the appointment of M/s YG & ASSOCIATES as the new statutory auditor. The 52nd Annual General Meeting is scheduled for September 30, 2026.

Key Highlights

  • Mazhar Hassan recommended as Non-Executive Independent Director.
  • Unaudited financial results for Q1 FY27 approved.
  • New statutory auditor M/s YG & ASSOCIATES recommended.
  • 52nd AGM scheduled for September 30, 2026.
  • Resignation of current statutory auditor noted.