Gloster Limited will hold its 104th Annual General Meeting (AGM) on Friday, 7th August 2026 at 11:00 A.M. through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting will be conducted from the Registered Office at 21, Strand Road, Kolkata - 700001, which is deemed to be the venue.
Ordinary Business Agenda
1. Adoption of Financial Statements: To consider and adopt the Audited Standalone Financial Statements for the financial year ended 31st March 2026, along with Reports of Directors and Statutory Auditors.
2. Adoption of Consolidated Financial Statements: To consider and adopt the Audited Consolidated Financial Statements for the financial year ended 31st March 2026, along with Reports of Statutory Auditors.
3. Final Dividend Declaration: To declare a final dividend of 200% i.e., Rs. 20 per equity share of face value Rs. 10 each for FY 2025-26. The Board has recommended this dividend.
4. Director Re-appointment: To appoint a director in place of Shri Hemant Bangur (DIN: 00040903) who retires by rotation and is eligible for re-appointment.
5. Statutory Auditor Appointment: To appoint M/s Singhi & Co., Chartered Accountants (Firm Registration No. 302049E) as Statutory Auditors for a term of five consecutive years from the conclusion of the 104th AGM until the conclusion of the 109th AGM. The proposed remuneration for FY 2026-27 is Rs. 42,00,000 plus applicable taxes and out-of-pocket expenses.
Special Business Agenda
6. Ratification of Cost Auditor Remuneration: To ratify the payment of remuneration of Rs. 90,000 plus applicable taxes to M/s. D. Radhakrishnan & Company, Cost Accountants, for conducting the audit of cost accounting records for FY 2026-27.
Record Date and Cut-off Date
- The Company has fixed 3rd July 2026 as the Record Date for determining members entitled to receive dividend for FY ended 31st March 2026.
- The Cut-off Date for e-Voting is fixed as Friday, 3rd July 2026. Members holding shares as on this date will be entitled to avail remote e-Voting and e-Voting at the AGM.
Voting Details
- The remote e-Voting period begins on Tuesday, 4th August 2026 at 9:00 a.m. and ends on Thursday, 6th August 2026 at 5:00 p.m.
- Members can vote through CDSL/NSDL e-Voting systems. Detailed instructions are provided for shareholders in both demat and physical form.
- Members who vote via remote e-Voting cannot vote again at the AGM.
Director Information (Shri Hemant Bangur)
- DIN: 00040903
- Date of Birth: 21.04.1972 (Age 54)
- Nationality: Indian
- Qualifications: Post Graduate in International Trade
- Expertise: Rich experience in Jute, Plantation, Fertilizer, Paper, Real Estate and Financial Services industry
- Current Positions: Non-Executive Chairman of Shri Vasuprada Plantations Limited, Chairman of Indian Tea Association
- Remuneration for FY 2025-26: Rs. 255.09 lakhs
- Date of First Appointment: 28.02.2018
- Board Meetings attended in 2025-26: 7 out of 7
- Shares held in Company: 7,52,278 shares
Additional Information
- The AGM is being conducted through VC/OAVM as per MCA guidelines, dispensing with physical attendance.
- Proxy facility is not available for this AGM.
- Institutional/Corporate shareholders must send authorization documents to the Scrutinizer at scrutiniser@rediffmail.com.
- Dividend will be credited to members' bank accounts through NACH where complete banking details are available.
- Unclaimed dividend for FY 2018-19 is due for transfer to IEPF in FY 2026-27.
- Members must update PAN, KYC details, and nomination as per SEBI circulars for dividend payments.
- The Notice and Annual Report 2025-26 are available on company website www.glosterjute.com and stock exchange websites.