Bhartiya International announces AGM, director changes, and capital adjustments

Bhartiya International Limited has announced its 38th Annual General Meeting (AGM) on September 29, 2025, to approve the annual report for FY2024-25. Key resolutions include the adoption of standalone and consolidated financial statements, the re-appointment of nikhil aggarwal as a director, and the appointment of M/s. RSM & Co. as secretarial auditors for FY2025-26 to FY2029-30, with a remuneration of INR 4.50 lakh plus taxes for FY2025-26.

The company will seek approval for the remuneration of robert burton moore jr., a non-executive director, for professional fees exceeding INR 250,000 per month from July 1, 2025, to March 31, 2026, and up to USD 135,000 for FY2025-26. Additionally, shareholders will vote on the remuneration of whole-time director manoj khattar for August 13, 2026, to August 12, 2028, with an annual package of INR 12.5m.

In a separate filing, Urbanac Projects Private Limited (acquirer) disclosed the acquisition of 426,000 equity shares of Bhartiya International Limited at an issue price of INR 430 each on September 2, 2025, through a preferential issue. This conversion of warrants ranks pari-passu with existing equity shares. Following this acquisition, Urbanac Projects Private Limited's holding in Bhartiya International Limited increased to 8.956% of the diluted share/voting capital.