Meeting Details

The 80th Annual General Meeting of Jay Shree Tea & Industries Ltd was held on Thursday, 13th August 2026 through video conferencing (VC)/Other Audio Visual Means (OAVM) at 3:30 PM IST. The meeting commenced at 03:30 PM IST and concluded at 04:45 PM IST. There were 23,752 shareholders on the record date (6th August 2026), with 65 shareholders present at the meeting either in person or through proxy (58 from Promoter & Promoter Group, 7 from Public category).

Proposed Resolutions and Implications

The AGM considered and approved all six resolutions contained in the Notice dated 19th May 2026:

Ordinary Business:

1. Adoption of Audited Financial Statements for the financial year ended 31.03.2026 and Reports of Board of Directors and Auditors

2. Appointment of a director in place of Mrs. Jayashree Mohta (DIN: 07034972) who retires by rotation

Special Business:

3. Re-appointment of Mr. Vikram Swarup (DIN: 04763541) as an Independent Director for a second term of five years

4. Re-appointment of Mr. Vikash Kandoi as Whole-time Director under designation 'Executive Director' for three years w.e.f. 01.04.2027

5. Approval of revision of salary limits for Chairperson & Managing Director and Executive Director

6. Approval of remuneration of the Cost Auditor for the year 2026-27

Voting Process and Methods

The company provided two methods of voting:

  • Remote e-voting period: 09:00 AM IST on Monday, 10th August 2026 to 05:00 PM IST on Wednesday, 12th August 2026
  • E-voting facility at the AGM for shareholders attending through VC/OAVM who had not voted remotely

CDSL (Central Depository Services India Limited) was engaged as the e-voting agency. Mr. A.K. Labh, Practicing Company Secretary of M/s A.K. Labh & Co., was appointed as scrutinizer for the voting process pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.

Key Voting Outcomes

Overall Participation:

  • Total outstanding shares: 28,877,488
  • Total votes polled: 14,864,713 (51.48% of outstanding shares)
  • Average approval rate across all resolutions: 98.43%

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements):

  • Votes in favor: 14,631,528 (98.4305%)
  • Votes against: 233,308 (1.5695%)
  • 98 members voted with 0 invalid votes

Resolution 2 (Ordinary - Director Appointment):

  • Votes in favor: 14,630,793 (98.4284%)
  • Votes against: 233,608 (1.5716%)
  • 95 members voted with 0 invalid votes

Resolution 3 (Special - Independent Director Reappointment):

  • Votes in favor: 14,631,103 (98.4284%)
  • Votes against: 233,610 (1.5716%)
  • 95 members voted with 0 invalid votes

Resolution 4 (Special - Executive Director Reappointment):

  • Votes in favor: 14,631,101 (98.4284%)
  • Votes against: 233,610 (1.5716%)
  • 94 members voted with 0 invalid votes

Resolution 5 (Special - Salary Revision):

  • Votes in favor: 14,623,384 (98.4255%)
  • Votes against: 233,933 (1.5745%)
  • 92 members voted with 0 invalid votes

Resolution 6 (Ordinary - Cost Auditor Remuneration):

  • Votes in favor: 14,631,405 (98.4305%)
  • Votes against: 233,308 (1.5695%)
  • 97 members voted with 0 invalid votes

Category-wise Voting Breakdown:

Promoter & Promoter Group (14,636,034 shares) voted 100% in favor of all resolutions through remote e-voting only. Public Institutional holders (1,545,802 shares) did not cast any votes. Public Non-Institutional holders (12,695,652 shares) showed mixed voting patterns with approximately 7.67% in favor and 92.33% against most resolutions.

Scrutinizer's Role and Findings

Mr. A.K. Labh submitted the Consolidated Scrutinizer's Report dated 14th August 2026. The votes were unblocked on 13th August 2026 at 4:58 PM IST after AGM completion in the presence of two witnesses: Mr. Rohit Kumar and Ms. Anushree Dasgupta. The scrutinizer confirmed that all resolutions were passed with requisite majority and the e-voting process was conducted fairly and transparently.

Compliance Confirmation

The document confirms compliance with:

  • Regulation 44 of SEBI LODR Regulations, 2015
  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • MCA Circular No. 20/2020 dated 5th May 2020 and subsequent circulars

Additional Information

Company Registered Office: Industry House, 15th Floor, 10, Camac Street, Kolkata-700 017, India