Meeting Details

The 43rd Annual General Meeting was held on Tuesday, 25th August, 2026 from 4:00 PM to 6:25 PM IST through Video Conference/Other Audio Visual Means from the Registered Office at Emami Tower, 687, Anandapur, E.M. Bypass, Kolkata - 700107, West Bengal.

Attendance

134 members participated in the AGM through VC/OAVM, representing 25,59,72,080 equity shares (58.64% of total paid-up equity share capital). This included 5 members holding 20,84,85,272 equity shares (10.88%) through authorized representatives.

Board Members Present

  • Shri R. S. Goenka (Chairman, Chairman of Finance & Management Committee and Risk Management Committee)
  • Shri R. S. Agarwal (Chairman Emeritus)
  • Shri H. V. Agarwal (Vice Chairman & Managing Director)
  • Shri Mohan Goenka (Vice Chairman & Whole time Director)
  • Shri Sushil Kr. Goenka (Whole-Time Director, Chairman of ESG & CSR Committee)
  • Smt. Priti A. Sureka (Whole-Time Director)
  • Shri Prashant Goenka (Whole-Time Director)
  • Shri A. V. Agarwal (Non-Executive Director)
  • Shri Anand Rathi (Independent Director, Chairman of Audit Committee and Nomination & Remuneration Committee)
  • Shri C. K. Dhanuka (Independent Director, Chairman of Stakeholders Relationship Committee)
  • Shri Debabrata Sarkar (Independent Director)
  • Shri Anjani Kr. Agrawal (Independent Director)
  • Shri Anjanmoy Chatterjee (Independent Director)
  • Shri Rajiv Khaitan (Independent Director)
  • Smt. Mamta Binani (Independent Director)

Smt. Avani Davda (Independent Director) could not attend the meeting.

Other Attendees

  • Shri N. H. Bhansali (CEO - Finance, Strategy & Business Development and Chief Financial Officer)
  • Shri Rajesh Sharma (President - Finance & Investor Relations)
  • Smt. Shagun Tulsyan (President - Legal & Revenue)
  • Shri Ravi Varma (Company Secretary & Compliance Officer)
  • Shri Raj Kumar Banthia (M/s. MKB & Associates, Practicing Company Secretaries, Secretarial Auditor and Scrutinizer)
  • Shri Shivam Chowdhary (M/s. S. R. Batliboi & Co. LLP, Chartered Accountants, Statutory Auditor)
  • Shri Vipson Jain (M/s V. K. Jain & Co., Cost Accountants, Cost Auditor)

Voting Process

The Company availed services of Central Depository Services (India) Limited (CDSL) for remote e-voting and participation facility. Remote e-voting was available from 9:00 AM IST on 20th August, 2026 to 5:00 PM IST on 24th August, 2026. Electronic voting during the AGM remained open for 15 minutes after meeting conclusion for members who hadn't voted earlier.

Shri Raj Kumar Banthia of M/s. MKB & Associates was appointed as Scrutinizer to ensure fair and transparent voting process.

Resolutions Considered and Voting Results

All eight resolutions were passed with requisite majority:

Ordinary Business

1. Adoption of Standalone Audited Financial Statements for FY26 - 99.9994% in favor, 0.0006% against

2. Adoption of Consolidated Audited Financial Statements for FY26 - 99.9995% in favor, 0.0005% against

3. Re-appointment of Shri Harsha Vardhan Agarwal (DIN: 00150089) as Director - 99.6870% in favor, 0.3130% against

4. Re-appointment of Shri Aditya Vardhan Agarwal (DIN: 00149717) as Director - 93.4651% in favor, 6.5349% against

5. Re-appointment of Shri Prashant Goenka (DIN: 00703389) as Director - 95.6713% in favor, 4.3287% against

Special Business

6. Remuneration of Shri Harsha Vardhan Agarwal as Vice-Chairman & Managing Director - Approval of salary increase from ₹30 lakhs to ₹34 lakhs with effect from 1st April, 2026 for remaining term until 31st March, 2027. Supplemental agreement dated 21st May, 2026 approved - 99.9064% in favor, 0.0936% against

7. Re-appointment of Shri Harsha Vardhan Agarwal as Vice-Chairman & Managing Director - For five years with effect from 1st April, 2027 on terms set out in explanatory statement and agreement dated 21st May, 2026 - 99.6730% in favor, 0.3270% against

8. Ratification of remuneration payable to M/s. V. K. Jain & Co. - ₹2,00,000 plus applicable taxes and out-of-pocket expenses for cost audit for FY 2026-27 - 99.9990% in favor, 0.0010% against

Additional Information

The Chairman delivered a speech covering FY26 Performance, architecture behind resilience, expanding core brands, creation of next generation growth engines, and technology support to business.

Auditor reports contained no qualifications and were considered as read. All statutory documents were available for electronic inspection during the AGM.

The scrutinizer's report was submitted on 26th August, 2026 and made available on company website, CDSL website, stock exchange websites, and company notice board.