Meeting Details

  • Date: Tuesday, August 11, 2026
  • Time: Commenced at 11:30 AM IST and concluded at 01:04 PM IST
  • Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type: 62nd Annual General Meeting

Proposed Resolutions and Implications

The following five resolutions were proposed for shareholder approval:

Ordinary Business:

1. Adoption of Audited Financial Statements for FY ended March 31, 2026, along with Reports of Board of Directors and Auditors

2. Declaration of final dividend of ₹0.50 per equity share (face value ₹2 each) for FY ended March 31, 2026

3. Appointment of Mr. Saurabh Bangur (DIN: 00236894) who retires by rotation under Section 152(6) of Companies Act, 2013

Special Business:

4. Re-appointment of Mr. Saurabh Bangur (DIN: 00236894) as Managing Director

5. Ratification of Remuneration of Cost Auditors

Voting Process and Methods

  • Remote e-voting facility was provided to shareholders for all five business items
  • Insta poll facility was activated during the meeting for shareholders who had not cast votes during remote e-voting
  • E-voting module remained open for 15 minutes after conclusion of the meeting proceedings
  • The requirement of appointment of proxies was not applicable as per MCA and SEBI circulars

Attendance and Participation

  • Initial quorum: 52 members present at beginning
  • Maximum participation: 84 members during proceedings
  • 28 shareholders registered as speakers, with 18 actually asking questions
  • Questions were addressed by Mr. Shree Kumar Bangur (Chairman) and Mr. Saurabh Bangur (Managing Director)

Directors and Officials Present

Directors:

  • Mr. Shree Kumar Bangur - Chairman
  • Mr. Virendraa Bangur - Vice Chairman and Chairman of Social Responsibility Committee and Stakeholders Relationship Committee
  • Mr. Saurabh Bangur - Managing Director and Chairman of Risk Management Committee
  • Mr. Virendra Sinha - Independent Director and Chairman of Audit Committee and Nomination & Remuneration Committee
  • Mr. Deepak Jalan - Independent Director
  • Mr. Ramesh Agarwal - Independent Director
  • Mrs. Papia Sengupta - Independent Director
  • Mr. Mukesh Jain - Whole-time Director (Executive Director)

Other Officials:

  • Mr. Rajesh Bothra - Chief Financial Officer
  • Mr. Bijay Kumar Sanku - Company Secretary

Auditors Present:

  • Statutory Auditor: Mr. Prakash Bhutada, Partner from M/s. MSKA & Associates LLP
  • Secretarial Auditor: Mr. D. Hanumanta Raju, Partner from M/s. D. Hanumanta Raju & Co.

Document Status and Compliance

  • This document constitutes disclosure of proceedings, not the formal minutes of the AGM
  • Meeting conducted in accordance with MCA and SEBI circulars
  • Audited Financial Statements for FY ended March 31, 2026 were taken as read as Auditor's Report contained no qualifications, observations or adverse remarks
  • Secretarial Audit Report by M/s D Hanumanta Raju & Co. (pages 88-90) contained no qualifications, observations or adverse remarks and was taken as read
  • Registers required under Companies Act, 2013 were available for electronic inspection by shareholders

Results Disclosure

  • Consolidated voting results to be disseminated to stock exchanges within two working days of meeting conclusion
  • Results will be available on company website (www.andhrapaper.com) and K-fin Technologies Limited website (www.evoting@kfintech.com)