News

B. P. Capital Limited informed the BSE Limited that the cut-off date for e-voting and book closure period for the company’s 33rd Annual General Meeting (AGM) is Wednesday, September 23, 2026, and September 23, 2026 to September 29, 2026, respectively, with the AGM scheduled to be held on Tuesday, September 29, 2026, at 10:30 A.M. at the company`s registered office in Sohna, Haryana.

B. P. Capital Limited announced plans to enter the computer software and hardware, consumer electronics, and mobile phone accessories market, requiring shareholder approval and regulatory clearances. The company’s board also approved alterations to its Memorandum and Articles of Association to facilitate the new business and ensure regulatory compliance, also subject to shareholder approval via a Special Resolution. Additionally, the board re-appointed Independent Non-Executive Director Ajay Sharma for a five-year term, beginning September 1, 2026, and Non-Executive Non-Independent Director Faizal Bavaraparambil Abdul Khader, both pending AGM approval. Sharma brings over 20 years of experience in trading and financial services, while Khader has 18 years in manufacturing and trading. The moves are being disclosed in compliance with SEBI regulations.

B. P. Capital Limited’s board approved a strategic expansion into the computer software and hardware, consumer electronics, and mobile accessories sectors, requiring shareholder approval and regulatory clearances. Simultaneously, the board re-appointed Ajay Sharma, an independent non-executive director with over 20 years of experience in various industries, for a second five-year term ending August 31, 2031, and re-appointed Faizal Bavaraparambil Abdul Khader, a non-executive non-independent director, by rotation. To facilitate the new venture and ensure regulatory compliance, the board also approved alterations to the company’s Memorandum of Association and Articles of Association, which will also be subject to shareholder approval via a Special Resolution. No specific investment amount for the new business has been defined at this time.

During a board meeting on August 29, 2026, directors approved a significant expansion into computer software and hardware, consumer electronics, and mobile phone accessories, alongside the re-appointment of Independent Non-Executive Director Ajay Sharma for a five-year term, September 1, 2026 to August 31, 2031, and Non-Executive Non-Independent Director Faizal Bavaraparambil Abdul Khader, who is liable to retire by rotation. Shareholders will vote on these proposals, as well as alterations to the company’s Memorandum of Association and Articles of Association to accommodate the new business line and improve governance, at the upcoming Annual General Meeting. Ajay Sharma brings extensive experience in trading, retail, and financial services, while Faizal Bavaraparambil Abdul Khader has a background in manufacturing and distribution of electronic products. The move aims to capitalize on market opportunities and create shareholder value, with investment details to be determined.

BP Capital will hold a meeting of the Board of Directors of the Company on 12 August 2026.