Beezaasan Explotech Ltd

Beezaasan Explotech Ltd has announced that its 13th Annual General Meeting (AGM) will be held on Thursday, September 17, 2026, at 3:00 PM. The meeting will be conducted through Video Conferencing/Other Audio Video Means (VC/OAVM) in compliance with MCA and SEBI circulars. The Annual Report for 2025-26, including the AGM notice, financial statements, Directors' Report, and Auditors' Report, will be sent to shareholders electronically. Key agenda items include the adoption of audited financial statements, re-appointment of directors retiring by rotation (Mr. Rajan Somani and Mr. Sunilkumar Somani), and special business concerning the re-appointment of Mr. Navneetkumar Somani as Chairman and Managing Director, and Mr. Sunilkumar Somani as Whole-time Director for further terms.

Beezaasan Explotech Limited's Board of Directors met on August 24, 2026, approving the Directors' Report and Annual Report for the financial year ended March 31, 2026. The board also considered and approved a proposal for variation in the terms and utilization of proceeds from its Initial Public Offer (IPO), subject to shareholder and regulatory approvals. Additionally, the notice for the 13th Annual General Meeting (AGM), scheduled for September 17, 2026, was approved, along with the appointment of a scrutinizer for the e-voting process.

Beezaasan Explotech Ltd confirms no deviation in the utilization of IPO proceeds for the half year ended March 31, 2026, as per the prospectus dated February 27, 2025. The Audit Committee reviewed and approved this confirmation on May 29, 2026. The company raised ₹5993.40 Lacs via IPO, with net proceeds of ₹5233.66 Lacs. Funds were allocated to capital expenditure, debt repayment, and general corporate purposes. Some project components are pending statutory approvals, with ₹2000 Lacs temporarily parked in fixed deposits.

Beezaasan Explotech Ltd's Board of Directors approved the audited consolidated and standalone financial results for the period ended March 31, 2026. Additionally, M/s. Parikh Dave & Associates were appointed as the Secretarial Auditor for the Financial Year 2025-26, as recommended by the Audit Committee. The board meeting was held on May 29, 2026, commencing at 06:00 P.M. and concluding at 06:30 P.M.

Beezaasan Explotech Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the half year and year ended March 31, 2026. The trading window for dealing in the company's securities has been closed from April 1, 2026, and will remain closed until 48 hours after the declaration of the audited financial results.

Beezaasan Explotech Ltd. announced that the Detonating Fuse (Dynaex Cord) supplied by the company for trial purposes has undergone successful trial blasting. The trials were conducted in deep underground mines from January 23, 2026, to April 22, 2026, adhering to safety and operational requirements. The trial results were satisfactory, and any future commercial orders will depend on customer needs and approvals.

Beezaasan Explotech Ltd has successfully commenced production of Detonating Fuse (DF) at its new manufacturing plant located in Bhantala, Gujarat, effective April 24, 2026. This significant milestone is expected to enhance the company's manufacturing capacity and improve operational efficiency within the explosives and defence segment.

Beezaasan Explotech Ltd has announced the closure of the trading window for dealing in securities for all designated persons and their immediate relatives. The closure will be in effect from April 01, 2026 till the expiry of 48 hours after the financial results for the half-year ended March 31, 2026 become generally available. The date of the Board Meeting for consideration of the financial results is yet to be intimated.

Beezaasan Explotech Ltd. has allotted 22,30,641 fully paid-up equity shares of face value Rs. 10/- each at an issue price of Rs. 236/- each, including a premium of Rs. 226/- per equity share. This allotment is for consideration other than cash, in lieu of acquiring 34.84% shareholding in Asawara Earthtech Limited through swapping of Equity Shares. The allotment was approved by the Board of Directors in a meeting held on Monday, March 02, 2026. The new equity shares rank pari passu with the existing equity shares of the Company. The paid-up equity capital of the Company has increased from Rs. 12,92,11,330 /- to Rs. 15,15,17,740 /- consisting of 1,51,51,774 equity shares of Re.10/- each.

Beezaasan Explotech Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/03/2026 to consider and approve the Allotment of 22,30,641 fully paid-up Equity of the Company having a face value of Rs. 10/- each at a price of Rs. 236/- per Equity Share. This allotment is for consideration other than cash to the proposed allottees (promoter and promoter group category) for consideration other than cash on a preferential issue basis. The trading window for dealing in securities of the Company by the Designated Persons of the Company and/or their immediate relatives shall remain closed from today till 48 hours after the conclusion of the Board Meeting.