Meeting Details
- Date: Wednesday, 16th September, 2026
- Time: 04:00 P.M. (IST)
- Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Type: 50th Annual General Meeting
- Compliance: Conducted in accordance with guidelines from Ministry of Corporate Affairs and SEBI
Resolutions and Business Transacted
The following nine resolutions were presented for shareholder approval:
Ordinary Business:
1. Adoption of Standalone Audited Financial Statements for FY 2025-26 and Reports of Board of Directors and Auditors
2. Adoption of Consolidated Audited Financial Statements for FY 2025-26 and Report of Auditors
3. Approval and confirmation of interim dividend of ₹3.50 per Equity Share as final dividend for FY 2025-26
4. Re-appointment of Mr. Praveen Gupta (DIN: 09651564) who retired by rotation
Special Business:
5. Re-appointment of Mr. Vivek Saraogi (DIN: 00221419) as Chairman and Managing Director
6. Re-appointment of Ms. Avantika Saraogi (DIN: 03149784) as Whole-time Director designated as Executive Director
7. Ratification of remuneration payable to the Cost Auditors
8. Appointment of Ms. Vartika Shukla (DIN: 08777885) as an Independent Director
9. Approval for Acceptance of Grant Assistance from Biotechnology Industry Research Assistance Council (BIRAC)
Voting Process and Methods
The company implemented a comprehensive voting process:
- Remote e-voting facility was provided through KFin Technologies Limited, the Registrar & Share Transfer Agent
- Remote e-voting period: 13th September, 2026 (10:00 A.M. IST) to 15th September, 2026 (5:00 P.M. IST)
- E-voting facility was also available during the AGM for members who hadn't voted remotely
- Electronic voting through Insta Poll was conducted during the meeting
- Voting window remained open for 15 minutes during the AGM
Scrutinizer Appointment
CS Amber Ahmad (Membership No.: FCS-9312 and C.P. No. 8581), Proprietor of Amber Ahmad & Associates, Company Secretaries, Kolkata was appointed as Scrutinizer to scrutinize the voting process through remote e-voting and e-voting at the AGM in a fair and transparent manner.
Meeting Attendance and Participation
- Total Members attended: 107
- Mr. Vivek Saraogi, Chairman and Managing Director, chaired the proceedings (except for items 5 and 6)
- Dr. Indu Bhushan, Lead Independent Director, chaired items 5 and 6
- All Directors were present during the Meeting
- Representatives of Statutory Auditors and Secretarial Auditors were present through video conferencing
- Members raised queries on various aspects which were responded to by the Chairman and Managing Director, Executive Director, Chief Financial Officer and Company Secretary
Additional Meeting Proceedings
- The Chairman provided an overview of company performance and future outlook
- Discussion included E20 related concerns, recent firming of sugar prices, and future outlook of sugar and ethanol industry
- Update provided on progress of the Polylactic Acid (PLA) project
- Statutory registers and relevant documents were made available electronically for inspection
- Members could send inspection requests to secretarial@bcml.in
Compliance and Disclosure
- The meeting was conducted in compliance with Companies Act, 2013 and SEBI LODR Regulations 2015
- No qualifications, observations or adverse remarks were made by Statutory Auditors or Secretarial Auditors
- Results were to be submitted to Stock Exchanges within two working days of conclusion
- Scrutinizer's Report and results to be placed on Company's website and KFin's website
Meeting Duration
The Meeting concluded at 05:05 P.M. (including time allowed for e-voting at the meeting).