Meeting Details

The 40th Annual General Meeting will be held on Thursday, July 23, 2026, at 11:00 AM (IST) at the Registered Office of the Company at 22, Balgopalpur Industrial Area, Balasore-756020, Odisha.

Ordinary Business Agenda

1. Adoption of Financial Statements: To consider and adopt the audited standalone financial statements for the financial year ended March 31, 2026, together with reports of Directors and Statutory Auditors.

2. Dividend Declaration: To declare dividend on equity shares for the financial year ended March 31, 2026.

3. Director Reappointment: To appoint directors in place of Mr. Anjan Ghosh (DIN: 00655014) and Mr. Arvind Parasramka (DIN: 01081588) who retire by rotation and are eligible for reappointment.

Special Business Agenda

4. Reappointment of Managing Director: Special resolution to reappoint Mr. Somnath Chatterjee (DIN: 00172364) as Managing Director for 5 years from November 12, 2026, to November 11, 2031.

  • Remuneration Terms: Basic salary of ₹1,80,000 per month with annual merit-based increments effective April 1 each year
  • Allowances: Contribution to gratuity, personal allowance, ex-gratia, leave travel allowance (up to 45 days basic salary annually)
  • Foreign Travel: One international trip with family every two years up to ₹15 lakhs limit, with company bearing associated tax liabilities
  • Minimum Remuneration: Payable even in case of loss or inadequate profits within Schedule V limits

5. Cost Auditor Remuneration: Ordinary resolution to ratify remuneration of ₹1,25,000 (excluding applicable tax and expense reimbursement) to M/s. Mou Banerjee & Co., Cost Accountants (Registration No. 000266) for auditing cost records of flexible packaging business for FY2026-27.

Record Date and Book Closure

  • Record Date for Voting: Thursday, July 16, 2026
  • Book Closure: Friday, July 17, 2026 to Thursday, July 23, 2026 (both days inclusive)
  • Dividend Record Date: Thursday, July 16, 2026 (for beneficial owners and members in register)

Dividend Payment Details

Dividend will be paid through Electronic Clearing System (ECS). Members holding physical shares are encouraged to opt for ECS. Unclaimed dividends for financial years ended March 2019, 2022, 2023, 2024, and 2025 should be claimed immediately from RTA to avoid transfer to Investor Education and Protection Fund after seven years.

E-Voting Information

  • Remote E-Voting Period: Monday, July 20, 2026 (10:00 AM) to Wednesday, July 22, 2026 (5:00 PM)
  • Scrutinizer: Mr. Tarun Chatterjee, Advocate (Enrolment No. WB 2068) or alternatively CS Indrani Chaudhuri, Practicing Company Secretary
  • Results Declaration: Within 48 hours after AGM conclusion

Director Profiles

  • Mr. Anjan Ghosh: Fellow member of ICAI, former MD and Vice Chairman of J. Thomas group, corporate consultant. Holds 0 equity shares.
  • Mr. Arvind Parasramka: Commerce graduate, Chairman of Amrex Ventures Group. Holds 100 equity shares.
  • Mr. Somnath Chatterjee: Commerce graduate, 40+ years experience in packaging business. Currently Managing Director, holds 19,385 equity shares. Received remuneration of ₹55,44,100 during FY2025-26.