Meeting Details

  • Meeting Type: 50th Annual General Meeting
  • Held On: Wednesday, 29th July 2026
  • Mode: Conducted through two-way Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Timing: Commenced at 2:30 PM (IST) and concluded at 3:50 PM (IST)
  • Compliance: Conducted in accordance with circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI)

Attendance

  • Chairperson: Mr. Stephen Charles Buckland, Non-Executive Chairman of the Board
  • Management Present: Mr. Shaibal Dutt (Managing Director & Chief Executive Officer), Mr. S. Mukherjee (Director (Finance) & CFO)
  • New Director: Mr. Oliver Fleming Capon joined the Board as Non-Executive Director effective 1st January 2026
  • External Attendees: Representatives from Deloitte Haskins & Sells LLP (Statutory Auditors), M/s. Shome & Banerjee (Cost Auditors), M/s. Anjan Kumar Roy & Co. (Secretarial Auditors), and Scrutinizers for remote e-voting

Key Financial Announcement

The Chairman announced that after a gap of three years, the Board recommended a dividend of ₹2 per equity share of ₹10 each (20% of the face value) for the financial year ended 31st March 2026. This recommendation was subject to approval by members at the AGM and reflected the company's improved financial performance, strengthened financial position, and the Board's confidence in future business prospects.

Resolutions Voted Upon

The Notice of the 50th AGM contained five ordinary resolutions:

1. Adoption of the Audited Financial Statements of the Company for the financial year ended 31st March 2026, and the Reports of the Board of Directors and the Auditors thereon

2. Re-appointment of Mr. Shaibal Dutt (DIN 10054002), who retires by rotation and being eligible, offers himself for re-appointment

3. Declaration of final dividend of ₹2.00 per equity share of face value of ₹10.00 each for the financial year ended on 31st March 2026

4. Appointment of M/s M S K A & Associates LLP, Chartered Accountants (Firm Registration No. 105047W/W101187), as the Statutory Auditors of the Company

5. Ratification of the remuneration of M/s. Shome & Banerjee, Cost Accountants, Cost Auditors of the Company

Voting Process

  • Remote e-voting period: Commenced on Saturday, 25th July 2026 at 09:00 AM (IST) and ended on Tuesday, 28th July 2026 at 05:00 PM (IST)
  • Members who had not voted through remote e-voting were able to exercise voting rights through e-voting during the AGM
  • All resolutions were put to vote through remote e-voting system, eliminating the requirement for proposing and seconding resolutions at the meeting
  • The e-voting facility remained open for 30 minutes after the meeting concluded

Shareholder Engagement

Members who registered as speakers addressed the meeting through VC/OAVM and sought clarifications on the Company's accounts and businesses. Management responses were provided by Mr. Shaibal Dutt (Managing Director and CEO) and Mr. S. Mukherjee (Director (Finance) & CFO).

Reporting and Disclosure

  • The consolidated results of e-voting along with Scrutinizer's Report will be declared and submitted to BSE Limited within stipulated time
  • Results will be available on the company website (www.goodricke.com) and NSDL website (www.evoting@nsdl.com)
  • The proceedings and webcast of the AGM will be available on the company website

Auditor Reports

The disclosure notes that there were no qualifications, adverse remarks, or observations in the Statutory Auditors Report and Secretarial Audit Report, and with members' permission, these reports were taken as read.