Bharat Bhushan Finance & Commodity Brokers Ltd — Important, 17-08-2026: Company Update

Here are the summaries based on the provided documents:

**Bharat Bhushan Finance & Commodity Brokers Limited:**

The company will hold its 34th Annual General Meeting on September 25, 2026, via Video Conferencing/Other Audio Visual Means. Shareholders can access the annual report and participate through e-voting. The Board has declared a final dividend of ₹0.40 per equity share for the financial year ending March 31, 2026. This dividend will be subject to taxation in shareholders' hands, and they are asked to submit necessary tax declarations by September 11, 2026. The book closure for determining dividend eligibility and AGM participation will be from September 19, 2026, to September 25, 2026.

**Avtar Steel Limited:**

Avtar Steel is pursuing an Initial Public Offering, planning to list its shares on BSE and NSE. The IPO includes a fresh issue aiming to raise up to ₹585 Cr and an offer for sale of up to 5,000,000 equity shares by a promoter. The company may also conduct a pre-IPO placement of up to ₹117 Cr, which would reduce the fresh issue size. A Draft Red Herring Prospectus has been filed for public review. Investors are advised to carefully consider the risks involved before making any investment decisions.

**Punjab National Bank (Asset Recovery):**

Punjab National Bank has initiated the e-auction of a residential flat (850 sq ft super area) in Vasundhara, Ghaziabad, following a loan default. The outstanding debt from the borrower, Shri Navjyoti Singh, totals ₹0.33 Cr as of April 30, 2026. The e-auction is scheduled for August 31, 2026, with a reserve price of ₹53.00 Lakh and an earnest money deposit of ₹5.30 Lakh. This is a routine asset recovery action by the bank to retrieve defaulted loan amounts.