Meeting Details

The 59th Annual General Meeting will be held on Wednesday, 23rd September 2026 at 10:30 AM IST through Video Conferencing/Other Audio-Visual Means. The deemed venue is the Registered Office at 'Tamra Bhavan', 1, Ashutosh Chowdhury Avenue, Kolkata - 700 019.

Ordinary Business Agenda

1. Adoption of Financial Statements

To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) for the financial year ended 31st March 2026 together with Reports of Directors, Auditors and C&AG.

2. Final Dividend Declaration

To declare final dividend on equity shares for financial year 2025-26. The company has recommended a dividend of ₹1.86 per share (37.20%) on face value of ₹5 per share.

3. Reappointment of Director

To appoint Shri Sanjeev Kumar Sinha (DIN: 10993006), Director (Operations), who retires by rotation and offers himself for reappointment.

4. Reappointment of Director

To appoint Shri RVN Vishweshwar (DIN: 09518994), Director (Finance), who retires by rotation and offers himself for reappointment.

5. Auditor Remuneration

To fix remuneration of the Statutory Auditors.

Special Business Agenda

6. Appointment of Chairman & Managing Director

Ordinary Resolution to appoint Shri Anupam Misra (DIN: 07637439) as Chairman & Managing Director in scale of pay of ₹2,00,000 - 3,70,000/- from date of passing resolution till 28.02.2030 (superannuation date) or until further orders. Appointment approved by Ministry of Mines Order No. Met3-10/3/2025-METAL III dated 08.06.2026.

7. Appointment of Director (Mining)

Ordinary Resolution to appoint Shri Ghanshyam Das Gupta (DIN: 09344792) as Director (Mining) in scale of pay of ₹1,80,000-3,40,000/- from date of passing resolution till 30.09.2030 (superannuation date) or until further orders. Appointment approved by Ministry of Mines Order No. Met3-10/1/2025-METAL III dated 08.05.2026.

8. Appointment of Government Nominee Director

Ordinary Resolution to appoint Shri Kulveer Singh Yadav (DIN: 11704895), Joint Secretary, Ministry of Mines as part-time Official (Government Nominee) Director effective from 07.05.2026 until further orders. Appointment approved by Ministry of Mines Order dated 04.05.2026.

9. Appointment of Independent Director

Special Resolution to appoint Shri Ashish Kumar Khetan (DIN: 11732678) as Part Time Non-Official (Independent) Director from date of passing resolution till 13.08.2029 (three years from notification) or until further orders. Appointment approved by Ministry of Mines Order No. Met.3-10/2/2020-Met.III dated 14.08.2026.

10. Appointment of Independent Director

Special Resolution to appoint Smt. Madhumita Daolagupu (DIN: 11894087) as Part Time Non-Official (Independent) Director from date of passing resolution till 13.08.2029 (three years from notification) or until further orders. Appointment approved by Ministry of Mines Order No. Met.3-10/2/2020-Met.III dated 14.08.2026.

11. Cost Auditor Remuneration

Ordinary Resolution to ratify remuneration of ₹1,50,000/- plus applicable taxes and reimbursement of travelling expenditure to M/s Chatterjee & Co., Cost Accountants for FY 2026-27 cost audit.

12. QIP Fundraising Approval

Special Resolution to approve raising funds through issue of up to 9,69,76,680 equity shares (face value ₹5 each) via Qualified Institutional Placement in one or more tranches to fund capex/expansion plans approved by CCEA.

Key QIP Terms:

  • Issue size represents balance from previously approved 13,87,82,700 shares (4,18,06,020 shares already issued in April 2021 raising ₹500 crore)
  • Pricing at market price or permissible discount (up to 5% discount to floor price allowed)
  • Minimum 10% allocation to mutual funds
  • Completion within 365 days from resolution passing
  • Shares to rank pari-passu with existing shares
  • One-year lock-in period for allottees

13. QIP Committee Reconstitution

Special Resolution to dissolve existing QIP Committee and constitute new committee with Chairman & Managing Director, Director (Finance) and other functional directors with delegated powers for QIP execution.

14. Debenture Issuance Approval

Special Resolution to approve issuance of secured/unsecured non-convertible debentures/bonds up to ₹500 crore via private placement within overall borrowing limit of ₹2,500 crore for capex/expansion projects.

Record Date and Dividend Details

  • Register of Members and Share Transfer Books closed from 17th to 23rd September 2026
  • Record Date: 16th September 2026 for dividend eligibility
  • Dividend of ₹1.86 per share payable within 30 days of AGM approval
  • TDS applicable as per income tax provisions

Voting Arrangements

  • Remote e-voting period: 20th September 2026 (9:00 AM) to 22nd September 2026 (5:00 PM)
  • E-voting facility provided by NSDL
  • Scrutinizer: Shri Navin Kothari, Practicing Company Secretary
  • Physical attendance dispensed with due to virtual meeting

Additional Information

  • AGM conducted pursuant to MCA circulars dated 08.04.2020, 13.04.2020, 05.05.2020, 13.01.2021, 14.12.2021, 05.05.2022, 28.12.2022, 25.09.2023, 19.09.2024, 22.09.2025 and SEBI circulars dated 12.05.2020, 15.01.2021, 13.05.2022, 05.01.2023, 07.10.2023, 03.10.2024
  • Registrar and Share Transfer Agent: Alankit Assignments Ltd (effective 12.06.2024)
  • Members holding physical shares must comply with SEBI Master Circular dated 06.02.2026 requirements including PAN, contact details, bank account details, and specimen signature