Meeting Details

The 30th AGM was held on Friday, 21 August 2026 at 4:00 PM (IST) through Video Conferencing/Other Audio Visual Means without physical presence of shareholders. The meeting concluded at 5:33 PM. The meeting was conducted in compliance with Ministry of Corporate Affairs Circulars No. 14/2020, 17/2020, 20/2020, 02/2021, 19/2021, 21/2021, 02/2022 and SEBI Circular No. SEBI/HO/CFD/PoD-2/P/CIR/2023/167 dated 7th October 2023.

Attendance and Leadership

Mr. Aparesh Nandi, Chairman and Director, presided as Chairman of the AGM. Other attendees included Managing Director Mr. Jayanta Kumar Ghosh, Executive Director & CFO Mr. Uday Narayan Singh, Executive Director Mr. Debasis Sircar, Independent Directors (Dr. Sanghamitra Mukherjee, Mr. Swapan Kumar Chakraborty, Mr. Sudipta Kumar Mukherjee, Mr. Ranajit Kumar Mondal), and Mr. Sandeep Nawalgaria, Advisor to the Board. The statutory auditor representative Mr. Ranjan Singh of M/s L B Jha & Co. LLP and secretarial auditor Ms. Twinkle Pandey of M/s TP & Associates were also present.

Business Performance Highlights

  • The company reported EBITDA of 13.54% for the period
  • Subsidiary BCL Bio Energy Pvt. Ltd. has started generating revenues with expectations for further improvement
  • Management emphasized commitment to sustainable growth, financial discipline, quality execution and long-term shareholder value

Resolutions Approved

The following 8 resolutions were put to vote through remote e-voting facilitated by Central Depository Services (India) Limited:

1. Ordinary Business: Approval of Audited Financial Statements (Standalone and Consolidated) for year ended 31 March 2026 with Auditors' and Boards' Reports

2. Ordinary Business: Declaration of dividend of ₹1.00 per share on paid-up equity shares of ₹10 each for year ended 31 March 2026. Dividend to be paid to members whose names appear in the list of beneficial holders as at the end of business hours on Friday, 29 May 2026.

3. Ordinary Business: Re-appointment of Mr. Aparesh Nandi (DIN: 00722439) as Chairman and Director who retires by rotation

4. Ordinary Business: Re-appointment of M/s. LB Jha & Co. LLP, Chartered Accountants (Firm Registration No.: 301088E) as Statutory Auditors for another term of 5 years, from conclusion of 30th AGM till conclusion of 35th AGM

5. Special Business: Approval to enter into contracts/arrangements/transactions with Phoenix Overseas Limited (related party) up to maximum aggregate value of ₹20 Crores for FY 2026-27, on arm's length basis in ordinary course of business

6. Special Business: Approval to enter into contracts/arrangements/transactions with subsidiary BCL Bio Energy Private Limited (related party) up to maximum aggregate value of ₹20 Crores for FY 2026-27, on arm's length basis in ordinary course of business

7. Special Business: Re-appointment of Mr. Ranajit Kumar Mondal (DIN: 06430495) as Independent Director for five consecutive years effective from 14 August 2026 to 13 August 2031

8. Special Business: Rescinding the disinvestment proposal in subsidiary 'BCL Bio Energy Private Limited' (CIN: U11200WB2021PTC244926) passed by members at the 29th AGM on 11 August 2026

Voting Process

Remote e-voting was available to members as of the cut-off date Friday, 14 August 2026. The e-voting facility was open from Tuesday, 18 August 2026 (9:00 AM IST) until Thursday, 20 August 2026 (5:00 PM IST), and also during the meeting on 21 August 2026. M/s. Sudhir Kothari & Associates, Chartered Accountant (Mem No: 053874) was appointed as Scrutinizer. Voting results will be declared after considering both remote e-voting and voting during the AGM, and will be submitted to BSE and NSE and placed on the company website and CDSL website.

Shareholder Engagement

Seventeen shareholders registered as speakers expressed their views and raised queries, which were addressed by Mr. Sandeep Nawalgaria, Advisor to the Board. Additional queries received via email at investors@bcril.com on or before 14 August 2026 were also addressed.