B.C. Power Controls Sets AGM for September 30

Revenue grew to Rs 9,967.46 Lakhs, while net profit stood at Rs 73.32 Lakhs for FY 2025-26.

Reader Takeaway: AGM focuses on key leadership continuity and a significant related party transaction limit with Proxima Industries.

What just happened

B.C. Power Controls has issued a notice for its 18th Annual General Meeting (AGM) to be held via video conferencing on September 30, 2026. The meeting will address the re-appointment of Managing Director Chander Shekhar Jain for a five-year term starting August 2026, and Whole-Time Director Nitin Aggarwal for a five-year term beginning February 2027.

Related Party Transactions

The company is seeking shareholder approval for transactions with Proxima Industries Private Limited. These include the purchase, sale, and supply of goods, as well as short-term working capital funding. The aggregate value for these arrangements is capped at Rs 200 crore until the conclusion of the 19th AGM, citing the similar nature of businesses in the ferrous and non-ferrous metals sector.

Financial Context

The company reported standalone revenue of Rs 9,967.46 Lakhs for FY 2025-26, compared to Rs 9,763.22 Lakhs in the previous year. Net profit saw a slight decline to Rs 73.32 Lakhs, down from Rs 79.04 Lakhs in FY 2024-25. Management attributed this pressure to market volatility and competitive challenges.

What to track next

Investors should monitor the voting outcome for the related party transaction cap, as it represents a significant portion of the company's operating scale. E-voting remains open from September 27 to September 29, 2026.