Bkm Industries Limited — Others, 05-08-2025: Appointment

BKM Industries' board recently appointed Ms. Rachna and Ms. Suman Singh as Independent Directors for five years, pending shareholder approval. Additionally, the company is dealing with a pending NCLT petition regarding an anomaly in former promoters' shareholding. Because of this, funds received from Resolution Applicants in March will be refunded. The board plans to accept new application money only after the NCLT issues a revised order and the company completes corporate actions like cancelling erstwhile promoter shares and reducing share capital. This clarifies the path forward for share allotments.