Annual Report

oqrochemicôls To, Date: 08.09.2026 BSE Limited P. J. Towers, Dalal Street, Mumbai-40000 1 Dear Sir Madam, Sub: 38th Annual Report. Ref: Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Unit: Bhaskar Agrochemicals Limited (Scrip Code: 524534) With reference to the subject cited, please find the enclosed 38th Annual Report of the Company pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as sent to the shareholders for the ensuing 38th Annual General Meeting of the Company scheduled to be held on Wednesday, 30th September, 2026 at 11:00 a.m. 1ST through Video Conferencing Other Audio-Visual Means (VC). This is for the information and records of the Exchange, please. Thanking you. Yours faithfully, For Bhaskar Agrochemicals Limited Praveen Kumar Posani Joint Managing Director & CFO (DIN: 00353720) BHASKAR AGROCHEMICALS LIMITED A An ISO 9001,14001 and 45001 Certified Company "I.,.. R. 0.: Gowra Fountain Head, 608 Sy No: 83(P) & 84(P). Patrika Nagar, Hitech City, Madhapur, Hyderabad 5lJ0081. R R 01st Factory: 94/1, Toopranpet (V), Choutuppal (M), Yadadri Bhuvanagiri (0), Telangana, India. 508252 Global MC MSCB-1 22 +914045474617 @ bhaskaragro@yahoo.com CIN: L24219TG1988PLC008331 38th ANNUAL GENERAL MEETING FY- 2025-2026 Day : Wednesday Date : 30th September, 2026 Time : 11.00 a.m. Venue : Video Conferencing (“VC”) CONTENTS Notice 3 Directors Report 13 Secretarial Audit Report 31 Management Discussion & Analysis Report 35 Independent Auditor’s Report 42 Balance Sheet 52 Cash Flow Statement 54 Notes to the Accounts 56 BHASKAR AGROCHEMICALS LIMITED. CORPORATE INFORMATION BOARD OF DIRECTORS: Mr. P. Pattabhi Rama Rao Chairman & Managing Director (DIN : 00353641) Mr. P. Praveen Kumar Joint Managing Director Cum CFO (DIN : 00353720) Dr. Aluri Naga Uma Maheswara Prasad Non Executive Director (DIN : 02970817) Mrs. P. Rajyalakshmi Non Executive Director (DIN : 00353832) Mr. Sanjeev Kumar Koritala Independent Director (Additional) (DIN : 06924191) Mr. Chandra Sekhar Pudi Independent Director (Additional) (DIN : 07562810) CHIEF FINANCIAL OFFICER : Mr. P. Praveen Kumar COMPANY SECRETARY AND COMPLIANCE OFFICER : Ms. Chetna Tiwari REGISTERED OFFICE : D. No.1-90/C, Office Unit-608,1T06, 6th Floor. Gowra Fountain Head, SY No-83P and 84P, Madhapur. Shaikpet. Hyderabad- 500081, Telangana. Ph : 040 - 45474617 E.mail : bhaskaragro@yahoo.com STATUTORY AUDITORS : M/s R. Kankaria & Uttam Singhi, Chartered Accountants SECRETARIAL AUDITORS : M/s Vivek Surana & Associates Practicing Company Secretaries COST AUDITORS : M/s Lavanya and Associates LLP Cost Accountants CIN : L24219TG1988PLC008331 ISIN : INE972C01018 BANKERS : Axis Bank Limited AUDIT COMMITTEE :Mr. Sanjeev Kumar Koritala - Chairman Mr. Chandra Sekhar Pudi - Member Dr. Aluri Naga Uma Maheswara Prasad - Member NOMINATION & REMUNERATION COMMITTEE :Mr. Chandra Sekhar Pudi - Chairman Mr. Sanjeev Kumar Koritala - Member Mrs. P. Rajya Lakshmi - Member STAKEHOLDER RELATIONSHIP COMMITTEE :Dr. Aluri Naga Uma Maheswara Prasad - Chairman Mr. Chandra Sekhar Pudi - Member Mr Sanjeev Kumar Koritala - Member REGISTRAR & SHARE TRANSFER AGENT (RTA) : Xl Softech Systems Ltd. 3, Sagar Society, Road No. 3 Banjara Hills, Hyderabad – 500 034, Telangana. Ph : 040 - 23545913, E-mail : xlfield@gmail.com LISTING :BSE Limited E-MAIL :bhaskaragro@yahoo.com WEBSITE :www.bhaskaragro.com PHONE : 040 - 45474617 NOTICE Notice is hereby given that the 38th Annual General Meeting of the members of the Bhaskar Agro Chemicals Limited will be held on Wednesday, the 30th day of September, 2026 at 11:00 a.m. through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”), to transact the following business: ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Statement of Assets & Liabilities as at March 31, 2026, the Statement of Profit & Loss and Cash Flow Statement for the Year ended on that date together with the Notes attached thereto, along with the Reports of Auditors and Directors thereon. 2. To appoint a Director in place of Mrs. P. Rajyalakshmi (DIN: 00353832) who retires by rotation and being eligible offers her self for re- appointment. SPECIAL BUSINESS: 3. APPOINTMENT OF MR. SANJEEV KUMAR KORITALA (DIN: 06924191) AS INDEPENDENT DIRECTOR OF THE COMPANY: To consider and if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152, 160 read with Schedule IV and other applicable provisions, if any of the Companies Act, 2013 (“the Act”) and Rules made thereunder and applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) (including any statutory modification(s) or re-enactment thereof for the time being in force) and in accordance with the recommendations of Nomination and Remuneration Committee and the Board of Directors, Mr. Sanjeev Kumar Koritala (DIN: 06924191), who was appointed as an Additional Director in the category of Independent Director w.e.f. April 01, 2026, who meets the criteria for Independence under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in respect of whom the Company has received a notice in writing from a member under Section 160 of the Companies Act, 2013 be and is hereby appointed as an Independent Director of the Company, not liable to retire by rotation, to hold office for a period of 5 (five) years with effect from April 01, 2026 up to March 31, 2031 RESOLVED FURTHER THAT any of the Directors of the Company be and is hereby severally authorized to file all the necessary forms with the office of Registrar of Companies and to do all other acts, deeds, things as may be necessary to give effect to the above Resolution.” 4. APPOINTMENT OF MR. CHANDRA SEKHAR PUDI (DIN: 07562810) AS INDEPENDENT DIRECTOR OF THE COMPANY: To consider and if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152, 160 read with Schedule IV and other applicable provisions, if any of the Companies Act, 2013 (“the Act”) and Rules made thereunder and applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) (including any statutory modification(s) or re-enactment thereof for the time being in force) and in accordance with the recommendations of Nomination and Remuneration Committee and the Board of Directors, Mr. Chandra Sekhar Pudi (DIN: 07562810), who was appointed as an Additional Director in the category of BHASKAR AGROCHEMICALS LIMITED. Independent Director w.e.f. April 01, 2026, who meets the criteria for Independence under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in respect of whom the Company has received a notice in writing from a member under Section 160 of the Companies Act, 2013 be and is hereby appointed as an Independent Director of the Company, not liable to retire by rotation, to hold office for a period of 5 (five) years with effect from April 01, 2026 up to March 31, 2031. RESOLVED FURTHER THAT any of the Directors of the Company be and is hereby severally authorized to file all the necessary forms with the office of Registrar of Companies and to do all other acts, deeds, things as may be necessary to give effect to the above Resolution.” 5. RATIFICATION OF PAYMENT OF REMUNERATION OF M/S. LAVANYA AND ASSOCIATES LLP COST AUDITORS OF THE COMPANY FOR THE FINANCIAL YEAR 2026-2027: To consider and if thought fit, to pass, with or without modification(s), the following resolution as Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of S [Showing first 8,000 characters — download PDF for full document]