Bhagyanagar India Limited
Incorporated in 1985, Bhagyanagar India Ltd. is engaged in manufacturing of copper and other copper products and alloys. The company is also in the business of wind power generation.
What Bhagyanagar files
- Others70
- Board Meeting20
- Updates13
- Investor Meet12
- Important9
- Results6
Bhagyanagar India Limited has received approval from the National Company Law Tribunal (NCLT) for the Composite Scheme of Arrangement involving its subsidiary and Tieramet Limited, streamlining the corporate structure with an appointed date of 01.04.2025.
Bhagyanagar India's Board approved the re-appointment of Shri Devendra Surana as Managing Director for three more years, pending shareholder nod at the 41st AGM. This move ensures leadership continuity with an experienced industry veteran.
Company Board approved Devendra Surana's re-appointment as MD for three years, starting 2027, subject to shareholder vote. Also set e-voting cut-off and book closure for the upcoming 41st Annual General Meeting.
Bhagyanagar India Limited clarified that the reported sale of 1,273,335 equity shares by Mr. Devendra Surana on exchanges is reversed. These shares were a no-consideration transfer for hedging and remain part of his promoter holding, with no financial impact.
Bhagyanagar India shareholders overwhelmingly approved (99.98% votes) an amendment to the Extra Ordinary General Meeting's explanatory statement. This rectifies earlier information, indicating strong investor support for the updated communication.