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AGM/EGM22 Jul 2026, 05:40 pm

Bimetal Bearings Ltd: AGM Approves Financials and Dividend

AI Summary

Bimetal Bearings Limited held its 65th Annual General Meeting on July 20, 2026, where shareholders approved the audited financial statements for the fiscal year ended March 31, 2026, and declared a final dividend of ₹13.50 per share. The meeting also saw the reappointment of a director retiring by rotation and ratification of remuneration for cost auditors. Shareholders approved a special resolution for prior approval of material related party transactions with BBL Daido Private Limited. The voting results indicated strong support for all resolutions, with 100% of votes cast in favour for most resolutions.

Key Highlights

  • AGM held on July 20, 2026, approved FY26 financial statements.
  • Final dividend of ₹13.50 per share declared.
  • Director reappointed, cost auditor remuneration ratified.
  • Material related party transactions approved.
  • All resolutions passed with overwhelming support.