Meeting Details

  • Date: Wednesday, September 30, 2026
  • Time: 12:30 p.m. (IST)
  • Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered Office at 506, 5th Floor, Imperial Palace, 45 Telly Park Road, Andheri (East), Mumbai - 400069
  • Meeting Type: 37th Annual General Meeting for financial year 2025-26

Proposed Resolutions

Ordinary Business:

1. Adoption of Financial Statements: To receive, consider and adopt:

  • Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
  • Audited Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Auditors

2. Declaration of Dividend: To declare Final Dividend at rate of 1.5% i.e. ₹0.15 per equity share of face value ₹10 each fully paid-up for FY ended March 31, 2026

3. Director Reappointment: To reappoint Mr. Trimaan Jaspalsingh Chandock (DIN: 02853445) who retires by rotation as Director

Special Business:

4. Ratification of Cost Auditor Remuneration: To ratify remuneration payable to M/s. S K Agarwal & Associates, Cost and Management Consultants (Firm Registration No.: 100322) amounting to ₹3,50,000/- plus applicable taxes and reimbursement of out-of-pocket expenses for auditing cost records for FY ending March 31, 2027

Voting Process and Methods

  • Remote e-voting period: Saturday, September 26, 2026 at 9:00 a.m. to Tuesday, September 29, 2026 at 5:00 p.m. (IST)
  • E-voting at AGM: Available during meeting for those who haven't voted remotely
  • Voting service provider: National Securities Depository Limited (NSDL)
  • Cut-off date for voting rights: Wednesday, September 23, 2026
  • Voting rights: Proportional to paid-up equity share capital as on cut-off date

Key Dates and Record Information

  • Record Date for Dividend: Friday, September 18, 2026
  • Register of Members closure: Saturday, September 19, 2026 to Wednesday, September 30, 2026 (both days inclusive)
  • Notice dispatch date: September 7, 2026

Scrutinizer Appointment

The Company has appointed Mr. Jaymin Modi, Practicing Company Secretaries (Membership No. 44248 and Certificate of Practice No. 16948) as Scrutinizer for scrutinizing the remote e-voting process and e-voting at AGM in fair and transparent manner.

Compliance with Laws and Regulations

The AGM is conducted in compliance with:

  • SEBI Circulars dated May 12, 2020, January 15, 2021, May 13, 2022, January 5, 2023, October 7, 2023 and October 3, 2024
  • MCA General Circular No. 03/2025 dated September 22, 2025
  • Companies Act, 2013 provisions
  • SEBI Listing Regulations
  • Secretarial Standards on General Meetings (SS-2)

Dividend Payment Details

  • Dividend payable after deducting TDS at prescribed rates under Income Tax Act, 2025
  • Payment to members appearing in Register of Members as of close of business on September 18, 2026
  • Payment to beneficial owners as per data from NSDL and CDSL as of September 18, 2026
  • Physical shareholders must provide PAN, KYC details for electronic dividend payment

Shareholder Information Requirements

  • Physical shareholders encouraged to dematerialize shares
  • Mandatory PAN, contact details, bank account details and specimen signature for physical shareholders
  • Email registration required for electronic communication
  • Service requests processed only after KYC compliance

Additional Documents Availability

All relevant documents including Register of Directors, Key Managerial Personnel shareholding, Register of Contracts under Sections 170 and 189 of Companies Act, 2013 available electronically for inspection by members at AGM.

Result Declaration Process

Scrutinizer will submit report on votes cast to Chairman, results declared within statutory timeframe, and hosted on company website https://www.baluindustries.com/shareholdersinformation.php while being forwarded to NSE and BSE.