AGM Details
The 45th Annual General Meeting of IGC Industries Limited will be held on Tuesday, September 22nd, 2026 at 03:00 p.m. IST through Video Conferencing (VC) or other audio visual means (OAVM). The meeting will be conducted virtually in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI.
The deemed venue for the AGM is the Registered Office of the Company at 12 Government Place (East), 1st Floor Formerly Hemanta Basu Sarani, Kolkata-400069.
Ordinary Business
1. Adoption of Financial Statements
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, including the Audited Balance Sheet as at March 31, 2026, the Statement of Profit and Loss & Cash Flow Statement for the Year ended on that date together with the Reports of the Board of Directors and Auditors thereon.
2. Re-appointment of Retiring Director
To appoint Mr. Ziauddin Mohammed (DIN: 07523934) who retires by rotation at this AGM and being eligible, offers himself for re-appointment.
Special Business
3. Re-appointment of Mukesh Jiut Yadav as Non-Executive Independent Director
To appoint Mukesh Jiut Yadav (DIN: 10778075) as Non-Executive Independent Director. He was appointed as an Additional Director (Professional Non-Executive Independent Director) by the Board of Directors with effect from 25th August 2026 and holds office up to the date of this AGM.
Mr. Yadav has experience in business management and commercial activities with knowledge of business operations and management. He is 49 years old, graduate qualified, and his appointment term is for 5 years.
4. Re-appointment of Hiren Kishor Patel as Non-Executive Independent Director
To appoint Hiren Kishor Patel (DIN: 10753864) as Non-Executive Independent Director. He was appointed as an Additional Director (Professional Non-Executive Independent Director) by the Board of Directors with effect from 25th August 2026 and holds office up to the date of this AGM.
Mr. Patel has experience in business and commercial activities with knowledge of business operations and management. He is 37 years old, graduate qualified, and his appointment term is for 5 years.
5. Regularization of Additional Director Manoj Kumar Jhawar
To appoint Mr. Manoj Kumar Jhawar (DIN: 09278578) as Director of the Company. He was appointed as an Additional Director with effect from 20th September, 2025 by the Board under Section 161 of the Companies Act.
Mr. Jhawar has over 15 years of experience in the logistics industry with expertise in managing commercial operations, market development, and business strategies. He holds a Bachelor's degree in Commerce and possesses strong knowledge of supply chain management, procurement, and distribution networks. He is 51 years old and his appointment term is for 5 years.
6. Appointment of Statutory Auditors
To appoint M/s Sarang Shivajirao Chavan & Associates Chartered Accountants (FRN: 159649W) as Statutory Auditors of the Company and fix their remuneration. The appointment is proposed for a period of 5 years, commencing from the conclusion of the 45th AGM until the conclusion of the 49th AGM.
The firm was established in 2023 and is headquartered in Ahmedabad, led by CA Sarang Shivajirao Chavan (CA, CS, ICWA, B.Com). The firm provides services including audit, taxation, GST, corporate law, advisory, and due diligence.
Voting Arrangements
The Company is providing facility for members to cast their votes electronically (e-voting) on all resolutions through services provided by National Securities Depository Limited (NSDL).
The remote e-voting period commences on Saturday, September 19, 2026 (9:00 am IST) and ends on Monday, September 21, 2026 (5:00 pm IST). The cut-off date for determining voting rights is Tuesday, September 15, 2026.
Members can also vote during the AGM through the e-voting system if they have not already voted remotely.
Record Date
The Register of Members and the Share Transfer Books of the Company will remain closed from Wednesday, September 16, 2026 to Tuesday, September 22, 2026 (both days inclusive).
Scrutinizer Appointment
Ramesh Chandra Bagdi, Practicing Company Secretaries has been appointed as the Scrutinizer for the remote e-voting process and voting during the meeting.
Board Composition Changes
The notice discloses several board changes:
- Ms. Hemlata resigned as Independent Director w.e.f. 25.08.2026
- Mukesh Jiut Yadav appointed as Independent Director w.e.f. 25.08.2026
- Hiren Kishor Patel appointed as Independent Director w.e.f. 25.08.2026
- Ziauddin Mohammed appointed as Director w.e.f. 21.02.2025
- Ms. Supriya Dilip Gaikwad appointed as Executive Director and Chief Financial Officer w.e.f. 16.04.2024
Other Corporate Information
- Corporate Office: 22-A, Floor-2, 30f, Vasudev Mansion, Cawasji Patel Road, Horniman Circle, Fort, Mumbai-400001
- Banker: Oriental Bank of Commerce Fort Branch, Mumbai
- Share Transfer Agent: Satellite Corporate Services Private Limited
- Secretarial Auditor: CS Ramesh Chandra Bagdi
- Statutory Auditors: M/S. Sarang Shivajirao Chavan & Associates, Chartered Accountants