Meeting Details

The 36th Annual General Meeting was held on Tuesday, 25th August 2026, at 11:00 a.m., through Video Conferencing / Other Audio Visual Means (VC/OAVM) in accordance with the applicable provisions of the Companies Act, 2013 read with MCA General Circular(s) and SEBI Circular(s). The registered office of the Company at 'Madgul Lounge', 6th Floor, 23 Chetla Central Road, Kolkata - 700 027, West Bengal, India, was deemed to be the place of Meeting. The AGM commenced at the scheduled time and concluded at 12:11 P.M.

Attendance

Directors and Key Managerial Personnel:

  • Mr. Rajesh Mittal, Chairman cum Managing Director
  • Mr. Sanidhya Mittal, Joint Managing Director
  • Mr. Adika Ratna Sekhar, Independent Director and Chairman of Audit Committee, Stakeholders Relationship Committee
  • Ms. Vinita Bajoria, Independent Director and Chairperson of Nomination & Remuneration Committee
  • Mr. Braja Narayan Mohanty, Independent Director
  • Mr. Sanjiv Keshri, Chief Financial Officer
  • Mr. Kaushal Kumar Agarwal, Company Secretary & Vice President-Legal

Other Representatives:

  • Mr. Meghant Banthia, Director of BSR & Co. LLP, Statutory Auditors of the Company
  • Mr. Dilip Kumar Sarawagi, Proprietor of DKS & Company, Scrutinizer
  • Ms. Stuti Pithisaria, Secretarial Auditor of the Company

Total of 65 Members were present in the Meeting through VC/OAVM.

Voting Process and Methods

The Company provided remote e-voting facility to all members to enable them to cast their votes electronically in respect of all businesses to be transacted at the 36th AGM, in accordance with Section 108 and 109 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI LODR Regulations.

The remote e-voting facility was kept open from 10:00 a.m. on August 21, 2026 to 5:00 p.m. on August 24, 2026. For members present at the meeting who had not availed remote e-voting facility, electronic voting facility at the AGM was arranged. Mr. Dilip Kumar Sarawagi, Practicing Company Secretary, was appointed as Scrutinizer for scrutinizing both remote e-voting and e-voting at the AGM.

Resolutions Considered

Ordinary Businesses:

1. Item No. 1: Adoption of (a) Audited Standalone Financial Statements for FY ended March 31, 2026 including Balance Sheet, Statement of Profit & Loss, and Reports of Board of Directors and Auditors; and (b) Audited Consolidated Financial Statements for FY ended March 31, 2026 including Balance Sheet, Statement of Profit & Loss, and Report of Auditors

2. Item No. 2: Declaration of final dividend of Re. 0.50 per share (50%) on Equity Shares for FY ended March 31, 2026, aggregating to ₹6,24,51,022.50 on 124,902,045 equity shares

3. Item No. 3: Re-appointment of Mr. Sanidhya Mittal (DIN-06579890) as a Director liable to retire by rotation

Special Businesses:

4. Item No. 4: Re-appointment of Ms. Vinita Bajoria (DIN-02412990) as an Independent Director for second term of 5 consecutive years from September 15, 2026 to September 14, 2031

5. Item No. 5: Appointment of Mr. Girish Kulkarni (DIN: 01683332) as Independent Director for term of 5 consecutive years from July 24, 2026 to July 23, 2031

Voting Outcomes

Based on the Scrutinizer's Report dated 25th August, 2026, all five resolutions were duly passed with requisite majority:

  • Item No. 1: Approved by requisite majority
  • Item No. 2: Approved by requisite majority
  • Item No. 3: Approved by requisite majority
  • Item No. 4: Approved by requisite majority
  • Item No. 5: Approved by requisite majority

Additional Information

The Company Secretary confirmed that both Statutory Auditor's Report and Secretarial Auditor's Report did not contain any qualification, observation, or adverse remark. The financial statements and relevant documents were kept accessible electronically during the meeting. Shareholders raised queries related to business operations, raw material cost, automation, renewable energy, capacity expansion, subsidiary business, future capex/projects, marketing & sales, CSR, governance, and future outlook, which were addressed by management.

Compliance Confirmation

The meeting was conducted in compliance with Companies Act, 2013, SEBI LODR Regulations, 2015, and relevant MCA and SEBI circulars. The results of e-voting were to be announced on receipt of Scrutinizer's report and placed on Company's website and sent to Stock Exchanges.