Bombay Wire Ropes Ltd — Important, 27-02-2026: Company Update

Bombay Wire Ropes has initiated a Postal Ballot for shareholder consideration on key proposals. Shareholders will vote on re-appointing two Independent Directors, Mr. Brij Bhushan Daga and Mr. Satyanarayan Daga, each for a second five-year term. Additionally, approval is sought for two material related party transactions: purchasing raw materials (Wire Rods) up to Rs. 200 Cr with B.B. Daga Stock & Shares Private Limited for financial year 2026-27 and another similar transaction for financial year 2027-28. This ballot impacts the company's governance and future operational sourcing.