Balgopal Commercial Ltd

Balgopal Commercial Ltd announced its 44th Annual General Meeting (AGM) scheduled for September 30th, 2026. The company submitted its Annual Report for the Financial Year 2025-26, which includes details about its real estate development activities across residential, commercial, and redevelopment projects. The report highlights the company's focus on strategic locations, quality execution, end-to-end development, and stakeholder value creation. Balgopal Commercial Ltd operates as part of the Dreamax Group and is involved in transforming spaces and enriching lives through its projects in Mumbai and other parts of Maharashtra. The Annual Report is also available on the company's website.

Balgopal Commercial Ltd has announced that its 44th Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 04:00 p.m. at the company's registered office in Mumbai. The company will also present its Annual Report for the Financial Year 2025-26 along with the AGM notice, in compliance with SEBI regulations. The Annual Report and AGM notice are available on the company's website, www.dreamaxgroup.com. Balgopal Commercial Ltd, part of the Dreamax Group, is a real estate developer focused on residential, commercial, and redevelopment projects in Maharashtra.

Balgopal Commercial Ltd's Board of Directors has approved a proposal to increase the company's authorized share capital from ₹24 crores to ₹32 crores. This significant increase is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The board also approved consequential alterations to the Memorandum of Association. In addition to the capital raise, the board meeting addressed several other key matters, including the approval of annual reports, appointment of new directors, and a proposed change of company name to 'DREAMAX ENTERPRISES LIMITED', pending shareholder consent. The 44th AGM is scheduled for September 30, 2026.

Balgopal Commercial Ltd announced that its Board of Directors has approved the proposal to change the company's name to "Dreamax Enterprises Limited". This follows the receipt of a No Objection Certificate (NOC) from the Registrar of Companies (ROC) for the name reservation and an NOC from M/s Dreamax Developers Private Limited, the trademark proprietor. The board also approved increasing the authorized share capital from ₹24 Crores to ₹32 Crores and appointed three new directors: 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. The company will seek shareholder approval for these changes at the upcoming Annual General Meeting (AGM).

Balgopal Commercial Ltd announced board approvals for the appointment of Mr. Amit Bharat Agrawal and Mr. Prakash Shyamsundar Modi as Independent Directors, and Mr. Premkumar Pawankumar Goyal as a Non-Executive Director. The appointments are subject to shareholder approval. The board also approved a proposal to increase the authorized share capital from ₹24 Crores to ₹32 Crores and a consequential alteration of the Memorandum of Association. Furthermore, the company is proceeding with a name change to 'DREAMAX ENTERPRISES LIMITED', subject to member approval at the upcoming AGM. The board also approved entering into Material Related Party Transactions and recommended the re-appointment of Mr. Navaneet Lal Damani.

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.

Balgopal Commercial Ltd has announced that its Board of Directors will convene on September 4, 2026, at 1:00 PM. The primary agenda items include the consideration and approval of the Board Report, Corporate Governance Report, and Management Discussion and Analysis Report for the financial year ended March 31, 2026. Additionally, the board will fix the date, time, and notice for the 44th Annual General Meeting (AGM), determine the closure of the Register of Members and Transfer Books for e-voting, appoint a scrutinizer for the AGM's e-voting and poll process, and authorize the Managing Director or Company Secretary to issue the AGM notice and oversee the entire voting process.

Balgopal Commercial Ltd has filed a statement confirming no deviation in the utilization of funds raised through a preferential issue of shares and warrants for the quarter ended June 30, 2026. The funds, amounting to ₹10,52,10,000, were raised on June 4, 2026, and allotted on June 6, 2026. The utilization was in line with the objects stated in the Explanatory Statement, including investments in similar business activities, working capital, and general corporate purposes to support future growth. The statement has been reviewed by the Audit Committee.

Balgopal Commercial Ltd announced the appointment of M/s R J P S & Associates, Chartered Accountants, as its Internal Auditor for the Financial Year 2026-27. The decision was made during a Board of Directors meeting held on August 11, 2026. The firm has over 9 years of experience in accounting, audit, and taxation. The board also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the limited review reports.

Balgopal Commercial Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors met on August 11, 2026, to approve these results, which were presented on a standalone and consolidated basis. The company also appointed M/s R J P S & Associates as its Internal Auditor for the Financial Year 2026-27. The meeting commenced at 11:30 a.m. and concluded at 2 p.m. The results were accompanied by a limited review report from the statutory auditor.