Meeting Details

The 35th Annual General Meeting of the members of Best Agrolife Limited was held on Tuesday, September 29, 2026 at 12:30 P.M. (IST) through Video Conferencing (VC) in accordance with the applicable provisions of Companies Act, 2013 read with the rules made thereunder and the Circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

Attendance

Directors & KMP in Attendance:

  • Mr. Braj Kishore Prasad - Chairman and Independent Director (VC from Noida)
  • Mr. Vimal Kumar- Managing Director (VC from New Delhi)
  • Mr. Surendra Sai Nallamalli - Whole-Time Director (VC from New Delhi)
  • Mrs. Chetna - Chairman of Audit & NRC Committee and Independent Director (VC from New Delhi, though due to a technical issue, her audio was temporarily inaudible)
  • Mr. Pramod Narayan Karlekar- Chairman of Stakeholder Relationship Committee and Non-Executive and Non-Independent Director (VC from USA)
  • Mrs. Isha Luthra - Whole-Time Director (VC from New Delhi)
  • Mr. Vikas Jain - Chief Financial Officer (VC from New Delhi)
  • Mrs. Aarti Arora - CS & Compliance Officer (VC from New Delhi)

Other Representatives:

Representatives of the Statutory Auditors (M/s Walker Chandiok & Co LLP, Chartered Accountants) and Secretarial Auditors (Ms. Rakhi Rani, Practising Company Secretaries) attended the meeting through Video Conferencing.

Members Present:

A total of 72 members attended the meeting through Video Conferencing.

Chairman:

Mr. Braj Kishore Prasad - Chairman and Independent Director, chaired the meeting.

Proceedings Summary

Mrs. Aarti Arora, Company Secretary & Compliance Officer, welcomed the shareholders and Members of the Board and other officials. She informed that the Register of Members, Directors & Key Managerial Personnel, the Register of charges and other documents were made available for inspection electronically on the company website during the Meeting.

The Company Secretary informed shareholders that the Company had provided the facility to cast votes electronically (remote e-voting) from Saturday, September 26, 2026 (9:00 A.M.) to Monday, September 28, 2026 (5:00 P.M.) through e-voting platform provided by NSDL for all businesses mentioned in the Notice of 35th Annual General Meeting dated September 1, 2026. Shareholders present at the AGM who had not cast their vote by remote e-voting were provided the facility to exercise their right of voting during the AGM through electronic means. The cut-off date for determining eligible shareholders was September 22, 2026.

After the Chairman and Managing Director delivered their speech, the Company Secretary called the meeting to order as requisite quorum was present. The Notice dated September 1, 2026 convening the 35th AGM and a copy of Annual Report for F.Y. 2025-26 were taken as read. As there were no qualifications, observations or adverse remarks in the Statutory Auditor's Report or Secretarial Auditor's Report, they were not required to be read.

Resolutions Transacted

The following items of business as set out in the Notice of the 35th AGM were transacted:

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon - Ordinary Resolution

2. To declare dividend on equity shares for the Financial Year ended March 31, 2026 - Ordinary Resolution

3. To appoint a director in place of Mr. Vimal Kumar (DIN: 01260082), who retires by rotation and being eligible, offers himself for re-appointment - Ordinary Resolution

Special Business:

4. Approval for changing the terms of Remuneration of Mr. Surendra Sai Nallamalli (DIN: 08837064), Whole-time Director of the Company - Special Resolution

5. Remuneration to Directors exceeding the overall managerial remuneration limit as per the provisions of Section 197 of the Companies Act 2013 - Special Resolution

6. Remuneration in excess of limits prescribed under regulation 17(6)(e) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended to Mr. Vimal Kumar (DIN: 01260082), Managing Director of the Company - Special Resolution

7. Approval for Material Related Party Transaction(s) with Kashmir Chemicals - Ordinary Resolution

Voting Process

Mrs. Rakhi Rani, Practicing Company Secretary was appointed as the Scrutinizer to scrutinize the votes cast in the AGM & remote e-voting and submit a consolidated Scrutinizer's Report in prescribed format along with the voting results (remote e-voting & e-voting at AGM) on all the resolutions.

The Chairman authorized the Company Secretary to receive the Scrutinizer's Report and related documents, declare the results and submit the same to the Stock Exchange. The Scrutinizer's Report was also to be uploaded on the website of the Company and on the website of National Securities Depository Limited.

Shareholder Engagement

Speaker shareholders who had done prior registrations were invited to speak and ask questions, which were addressed by Mr. Vimal Kumar (Managing Director), Mr. Surendra Sai Nallamalli (Whole Time Director) and Mr. Braj Kishore Prasad (Chairman and Independent Director).

Meeting Conclusion

The meeting was concluded at 1:45 p.m. after being open for 15 minutes for e-voting to be completed. The Company Secretary concluded with a vote of thanks to the chair and appreciation for all stakeholders.

Compliance Confirmation

The proceedings confirm compliance with applicable provisions of Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.