Key Quantitative Figures

  • Revenue from Operations (FY26): ₹14,218.81 lakhs (8.55% increase YoY)
  • Net Profit (FY26): ₹706.44 lakhs (28.2% decrease YoY)
  • EPS (FY26): ₹14.24 (decrease from ₹19.82 in FY25)
  • Recommended Dividend: 10% i.e., Re. 1 per equity share (Total payout: ₹49.60 lakhs before tax)
  • MD Remuneration (FY26): ₹55.44 lakhs paid to Mr. Somnath Chatterjee
  • Proposed MD Basic Salary: ₹1,80,000 per month effective from 12th November 2026
  • Cost Auditor Fees: ₹1,25,000 (excluding taxes) for Mou Banerjee & Co.
  • Share Capital: ₹4,96,05,000 divided into 49,60,500 equity shares of ₹10 each

Dates of Action

  • AGM Date: Thursday, 23rd July 2026 at 11:00 AM IST
  • Record Date for Voting: Thursday, 16th July 2026
  • Record Date for Dividend: Thursday, 16th July 2026
  • Book Closure: Friday, 17th July 2026 to Thursday, 23rd July 2026 (both days inclusive)
  • E-voting Period: Monday, 20th July 2026 (10:00 AM) to Wednesday, 22nd July 2026 (5:00 PM)
  • MD Reappointment Term: 12th November 2026 to 11th November 2031 (5 years)

Parties Involved

  • Registrar & Share Transfer Agent: MCS Share Transfer Agent Limited, Kolkata
  • Cost Auditors: Mou Banerjee & Co., Cost Accountants (Registration No. 000266)
  • Statutory Auditors: Salarpuria & Partners, Chartered Accountants
  • Scrutinizer: Mr. Tarun Chatterjee, Advocate (or CS Indrani Chaudhuri)
  • Depositories: NSDL and CDSL
  • Stock Exchange: BSE Limited (Scrip Code: 523186)

Agenda Items

Ordinary Business

1. Adoption of audited standalone financial statements for FY ended 31st March 2026

2. Declaration of dividend on equity shares for FY ended 31st March 2026

3. Reappointment of Mr. Anjan Ghosh (DIN: 00655014) as director retiring by rotation

4. Reappointment of Mr. Arvind Parasramka (DIN: 01081588) as director retiring by rotation

Special Business

5. Reappointment of Mr. Somnath Chatterjee as Managing Director (Special Resolution)

  • Tenure: 5 years from 12th November 2026 to 11th November 2031
  • Remuneration package includes:
  • Basic salary: ₹1,80,000 per month with merit-based annual increments
  • Other allowances: Gratuity, personal allowance, exgratia, LTA (up to 45 days basic)
  • Foreign travel allowance: One international trip with family every 2 years (max ₹15 lakhs)
  • PPF contributions as per IT Act limits
  • Minimum remuneration payable even in case of loss/inadequate profits
  • Board/NRC authorized to vary remuneration within Companies Act limits

6. Ratification of Remuneration of Cost Auditors (Ordinary Resolution)

  • Fees: ₹1,25,000 (excluding taxes) for audit of cost records for flexible packaging business
  • Auditor: Mou Banerjee & Co., Cost Accountants

Financial and Operational Impact

  • Dividend Payment: Cash outflow of ₹49.60 lakhs if approved by shareholders
  • MD Remuneration: The reappointment may increase managerial remuneration costs over the 5-year term
  • Cost Audit: ₹1.25 lakh fee plus taxes and expenses for cost audit compliance
  • Capital Structure: No change in share capital; dividend represents approximately 7% of FY26 net profit

Capital Structure Impact

  • No change to issued, subscribed, or paid-up share capital
  • Dividend payment will reduce retained earnings by ₹49.60 lakhs
  • MD reappointment does not involve equity compensation or dilution

Cash Flow Implications

  • Dividend payment will result in cash outflow of ₹49.60 lakhs
  • MD remuneration represents ongoing operational cash outflow
  • Cost auditor fees represent minor cash outflow

Forward-looking Information

  • The company expanded manufacturing capabilities for flexible laminates with new machinery
  • Capacity additions planned in phased manner from April 2026
  • Credit rating assigned: IVR BBB/Stable (long-term) and IVR A3+ (short-term) by Infomerics Valuation

Shareholder Information

  • Unclaimed Dividends: Shareholders requested to claim unpaid dividends for FY2019, 2022, 2023, 2024, 2025
  • Dematerialization: Members holding physical shares encouraged to convert to demat form
  • E-voting: Detailed instructions provided for remote e-voting through NSDL/CDSL systems
  • Contact: RTA - MCS Share Transfer Agent Limited, Kolkata; Company Secretary - investorsgrievance@bampl.com

Additional Disclosures from Annual Report

  • FY26 Financial Performance: Revenue ₹14,218.81 lakhs (+8.55%), Net Profit ₹706.44 lakhs (-28.2%)
  • Segment Performance: Paper Sacks (61.4% of revenue), Flexible Laminates (38.37%), Packet Tea (0.23%)
  • Employee Strength: 151 permanent employees as of 31st March 2026
  • CSR Expenditure: ₹27.92 lakhs spent on education, healthcare, women empowerment, rural development
  • Related Party Transactions: ₹180 lakhs paid to Barooahs & Associates Pvt. Ltd. for advisory services

Voting Procedures

  • E-voting: Available through NSDL/CDSL platforms from 20th to 22nd July 2026
  • Physical Voting: At registered office in Balasore, Odisha on 23rd July 2026
  • Proxy Submission: To be submitted to RTA or company registered office 48 hours before meeting
  • Results: To be declared within 48 hours of AGM conclusion and posted on company website

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