BEPL
Pursuant to Regulation 30, 33 and 42 read with Schedule III and other applicable
Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, as amended, please be informed that the Board of Directors of the Company at
its meeting held today had, inter alia:
1. Approved the Un-Audited Financial Results (Standalone and Consolidated) for the
quarter ended 30th June, 2024, after the Limited Review by the Statutory
Auditors;
2. Declared 1s1 Interim Dividend ofRe.1 / - (100 %) per Equity Share (of the face value
of Re.1 each) for financial year 2024-25, subject to deduction of tax at source;
3. Fixed Thursday, the 25th J uly, 2024 as the Record date for determining
entitlements of shareholders to receive 151 Interim Dividend for financial year
2024-25. The 1st Interim Dividend will be paid on or before 02°d August, 2024.
4. Updated the Board members on the proposed enhancement of ABS production
capacity from 75000 TPA to 200000 TPA at Company's existing plants a t Abu
Road (Rajasthan) and Satnoor (Madhya Pradesh) and were informed that TOYO's
report (on Front End Engineering Design (FEED) and CAPEX Cost Estimation)
was expected in June 2024 but the same is taking more time as compared to the
original timelines, mainly due to required multiple interactions with International
suppliers to select the most advanced machinery for vital Process Sub-systems
such as Slurry Filtration system, Powder Drying system, Strand pelletising
system etc.
The FEED package with realistic project cost is now expected from TOYO by the
end of September 2024. Inspite of this timings, the Management shall endeavour
to implement the project as per original schedule i.e. by March 2026.
The meeting commenced at 11:00 a.m. and concluded at __ p.m.
Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, as amended, please be informed that the Board of Directors of the Company at
its meeting held today had, inter alia:
1. Approved the Un-Audited Financial Results (Standalone and Consolidated) for the
quarter ended 30th June, 2024, after the Limited Review by the Statutory
Auditors;
2. Declared 1s1 Interim Dividend ofRe.1 / - (100 %) per Equity Share (of the face value
of Re.1 each) for financial year 2024-25, subject to deduction of tax at source;
3. Fixed Thursday, the 25th J uly, 2024 as the Record date for determining
entitlements of shareholders to receive 151 Interim Dividend for financial year
2024-25. The 1st Interim Dividend will be paid on or before 02°d August, 2024.
4. Updated the Board members on the proposed enhancement of ABS production
capacity from 75000 TPA to 200000 TPA at Company's existing plants a t Abu
Road (Rajasthan) and Satnoor (Madhya Pradesh) and were informed that TOYO's
report (on Front End Engineering Design (FEED) and CAPEX Cost Estimation)
was expected in June 2024 but the same is taking more time as compared to the
original timelines, mainly due to required multiple interactions with International
suppliers to select the most advanced machinery for vital Process Sub-systems
such as Slurry Filtration system, Powder Drying system, Strand pelletising
system etc.
The FEED package with realistic project cost is now expected from TOYO by the
end of September 2024. Inspite of this timings, the Management shall endeavour
to implement the project as per original schedule i.e. by March 2026.
The meeting commenced at 11:00 a.m. and concluded at __ p.m.
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