Meeting Details

  • Date: Wednesday, 23rd September 2026
  • Time: 4:15 PM (IST)
  • Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office at 1212, Trichy Road, Coimbatore - 641 018, Tamil Nadu, India

Proposed Resolutions and Implications

Ordinary Business

1. Adoption of financial statements, reports of Board of Directors and Auditors

2. Declaration of dividend

3. Re-appointment of director

4. Ratification of remuneration payable to Cost Auditor

Special Business

5. Alteration of object clause of Memorandum of Association of the Company

The alteration involves substantial expansion of business objects including:

  • Power generation from renewable sources (bagasse, biomass, solar)
  • Utilization and commercialization of by-products (bagasse, molasses, press-mud)
  • Expansion into agricultural products, animal feeds, and fertilizers
  • Mining and quarrying businesses including granite and mineral products
  • Storage facilities, cold storages, and warehousing
  • Dairy farming and agricultural processing
  • Infrastructure projects including IT parks, roads, and power projects

The existing Clause III(C) titled "Other Objects" comprising Sub-Clauses 1 to 23 is proposed to be deleted entirely to align with Companies Act, 2013 requirements.

Voting Process and Methods

  • Remote e-voting period: 19th September 2026 (9:00 AM) to 22nd September 2026 (5:00 PM)
  • E-voting during AGM also available for eligible shareholders
  • Service provider: Central Depository Services (India) Limited (CDSL)
  • Cut-off date: 16th September 2026 for dividend and voting rights
  • Register of Members and Share Transfer Books will remain closed from 17th to 23rd September 2026 (both days inclusive)

Key Voting Information

  • Shareholders who vote remotely cannot vote again at the AGM
  • Physical shareholders must provide Folio Number for e-voting
  • Demat shareholders can vote through their depository participants
  • Non-individual shareholders must register on CDSL's corporate module

Scrutinizer Appointment

  • Mr. K Radhakrishnan, Practicing Company Secretary (FCS No. 12236, CP No. 16911) appointed as Scrutinizer
  • Scrutinizer will submit consolidated report within 48 hours of AGM conclusion
  • Results will be placed on company website (www.bannari.com) and CDSL website

Compliance with Laws and Regulations

The meeting is conducted in accordance with:

  • Companies Act, 2013 and relevant rules
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars: 14/2020, 17/2020, 20/2020, 02/2021, 02/2022, 10/2022, 09/2023, 09/2024, 03/2025
  • SEBI Circulars: SEBI/HO/POD-2/P/CIR/2023/4, SEBI/HO/CFD/CFD-POD-2/P/CIR/2023/167

Dividend Information

  • Dividend if approved will be credited/dispatched between 27th September and 9th October 2026
  • Record date: 16th September 2026
  • Physical shareholders must update PAN, KYC details as per SEBI mandate

Additional Information

  • Unpaid dividends for 2017-2018 transferred to Investor Education and Protection Fund (IEPF)
  • Shares with unclaimed dividend for seven consecutive years transferred to IEPF Authority
  • Registrar and Transfer Agent: M/s Cameo Corporate Services Limited, Chennai

Document Availability

  • Soft copies dispatched to members via email
  • Available on company website: https://www.bannari.com/InvestorInformation.html
  • Also available on BSE (www.bseindia.com) and NSE (www.nseindia.com) websites