Brand Concepts to Hold 19th AGM on Sept 24, 2026, to Approve FY26 Results & Director Reappointments
Brand Concepts Limited will hold its 19th AGM on September 24, 2026, via VC/OAVM. The agenda includes adopting FY26 financial statements and re-appointing directors. Key approvals sought are for advancing loans up to ₹3 Crores, borrowing powers up to ₹150 Crores, and director remuneration.
The AGM will involve significant corporate decisions including financial statement approvals, director reappointments, and substantial borrowing powers. These decisions have a direct impact on the company's governance and financial structure.
The announcement is a routine notice for an Annual General Meeting, detailing agenda items and procedures. It does not contain any new financial performance data or significant strategic shifts that would warrant a positive or negative sentiment.
Brand Concepts Limited has announced its Nineteenth (19th) Annual General Meeting (AGM) will be held on Thursday, 24th September, 2026, at 11:00 AM IST, through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
The AGM agenda includes transacting ordinary business, such as receiving and adopting the Audited Standalone and Consolidated Financial Statements for the financial year ended 31st March, 2026, along with the reports of the Board of Directors and Auditors. It also includes the re-appointment of Mrs. Annapurna Maheshwari as a Non-Executive Director, who is liable to retire by rotation.
Special business items include the re-appointment of Mr. Govind Shridhar Shrikhande as an Independent Director for a second term of five consecutive years (23rd March, 2027 to 22nd March, 2032). The meeting will also seek approval for advancing loans, guarantees, or securities to an associate company, not exceeding ₹3,00,00,000 (Rupees Three Crores only), revising the previous limit of ₹2,00,00,000.
Further, the AGM will consider and approve the payment of remuneration to Mrs. Annapurna Maheshwari for the financial year 2026-27, even if it exceeds fifty percent of the total annual remuneration payable to all Non-Executive Directors. Approval will also be sought for the payment of professional fees of ₹1,00,000 per month to Mr. Govind Shridhar Shrikhande for rendering professional and advisory services. Additionally, the company seeks to approve borrowing powers under Section 180(1)(c) of the Companies Act, 2013, up to ₹150 Crores.
The cut-off date for determining members entitled to vote electronically is 28th August, 2026. The remote e-voting period will be from 9:00 AM on Monday, 21st September, 2026, to 5:00 PM on Wednesday, 23rd September, 2026. Book closure for the AGM will be from 17th September, 2026, to 24th September, 2026.
A plain-language summary of a public exchange filing by Brand Concepts Limited. Read the original for the full detail.