Bajaj Hindusthan Sugar Limited held its 94th Annual General Meeting (AGM) on Thursday, August 27, 2026. The meeting commenced at 11:00 A.M. and concluded at 13:15 P.M. at the Conference Hall, General Office, Golagokarannath, Lakhimpur-Kheri, District Kheri, Uttar Pradesh 262802.
Meeting Proceedings
Since Chairman Mr. Kushagra Bajaj could not attend the meeting, Mr. Ajay Kumar Sharma, Managing Director, was elected as Chairman by the directors and chaired the proceedings. The requisite quorum was present. Shareholders were invited to raise queries on the accounts for the year 2025-26, but no queries were raised.
Voting Process
The company provided remote e-voting facility to members pursuant to the Companies Act, 2013 and SEBI Listing Regulations. Remote e-voting commenced at 9:00 A.M. on August 24, 2026 and ended at 5:00 P.M. on August 26, 2026. The company engaged National Securities Depository Limited (NSDL) as the agency for providing e-voting facility. Facility for voting through ballot was also made available during the meeting for members who could not cast their vote through remote e-voting.
Scrutinizers Appointed
The company appointed M/s. Ranjeetkumar Sharma & Associates, Practicing Company Secretaries, as scrutinizer for remote e-voting process, and Mr. Avinash Chaturvedi, Advocate, as scrutinizer to conduct the poll process at the AGM hall.
Resolutions Considered
All six resolutions set out in the notice were proposed and seconded. The chairman ordered a poll to be taken at the meeting. The e-voting results along with the consolidated scrutinizer's report will be placed on the company's website and NSDL's website.
Ordinary Business
1. Adoption of Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 and the Reports of the Board of Directors and the Auditors thereon (Ordinary Resolution)
2. Re-appointment of Mr. Ajay Kumar Sharma (DIN: 09607745) as Managing Director (Ordinary Resolution)
Special Business
3. Ratification of remuneration payable to Cost Auditors for the financial year 2026-27 (Ordinary Resolution)
4. Appointment of Dr. Anil Rishiraj (DIN: 02853310) as Director (Category: Non-Executive, Non-Independent Director) with effect from May 29, 2026, liable to retire by rotation (Ordinary Resolution)
5. Appointment of Mr. Nand Lal Kalra (DIN: 05268554) as Independent Director for a term of five consecutive years commencing from August 28, 2026 up to August 27, 2031 (Special Resolution)
6. Appointment of Mr. Sanoj Kumar Potdar (DIN: 11760195), Deputy General Manager of Punjab National Bank, as Director (Category: Non-Executive, Nominee Director) with effect from July 18, 2026, not liable to retire by rotation (Ordinary Resolution)