Meeting Details
- Date: Wednesday, 16th September, 2026
- Time: 11:30 A.M. Indian Standard Time (IST)
- Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
- Deemed Venue: Registered Office of the Company at Plot No. 133, Sector - 24, Faridabad - 121005, Haryana
- Cut-off Date: 9th September 2026 for determining shareholders eligible to vote
Proposed Resolutions and Implications
Ordinary Business
1. Adoption of Financial Statements: To receive, consider and adopt the Audited IND AS Financial Statements (Standalone & Consolidated) for the financial year ended 31st March, 2026 together with reports of Board of Directors and Auditors.
2. Dividend Declaration: To declare dividend @85% i.e. ₹0.85 per Equity Share (on fully paid-up equity share of ₹1 each) for payment to members on the register as of 9th September 2026.
3. Director Re-appointment: Re-appointment of Mr. Nishant Arya (DIN: 00004954) as a Director liable to retire by rotation.
Special Business
4. Cost Auditor Remuneration Ratification: Ratification of remuneration of ₹2,50,000 plus applicable tax and out-of-pocket expenses payable to M/s. Jitender, Navneet & Co. (FRN 000119) as Cost Auditors for FY 2026-27.
5. Securities Issuance Approval: To consider and approve creation, issue, offer and allotment of various securities for aggregate amount not exceeding ₹1,500 Crores through multiple instruments including equity shares, GDRs, ADRs, FCCBs, preference shares, debentures, and other convertible instruments.
6. MD Re-appointment and Remuneration: Re-appointment of Mr. Nishant Arya as Managing Director designated as Vice-Chairman and Managing Director for 3 years from 18th May 2027 to 17th May 2030 with revised remuneration:
- Basic Salary: ₹65,00,000 per month
- Perquisites & Allowances: Up to 200% of basic salary
- Commission: Up to 5% of Net Profit
- Minimum remuneration payable in case of inadequacy of profits
7. Director Continuation Approval: Approval for continuation of Mr. Praveen Kumar Tripathi (DIN: 02167497) as Independent Director after attaining age 75 years on 15th December 2027 until expiry of current term on 10th July 2029.
Voting Process and Methods
- Remote E-voting Period: Sunday, 13th September 2026 (9:00 AM IST) to Tuesday, 15th September 2026 (5:00 PM IST)
- E-voting during AGM: Available for members attending meeting who haven't voted remotely
- Service Provider: KFin Technologies Limited (KFintech)
- Voting Methods:
- Option 1: Through Depositories (NSDL/CDSL) for individual demat holders
- Option 2: Through KFin system for physical shareholders and non-individual demat holders
- Option 3: During AGM through integrated VC platform
Key Voting Information
- Scrutinizer: Mr. Dhananjay Shukla (FCS 5886), Managing Partner of M/s. Dhananjay Shukla & Associates, Company Secretaries (CP No. 8271)
- Result Declaration: To be placed on company website and KFintech website within 2 working days of AGM conclusion
- Voting Restrictions: Members can vote only once - remote e-voting takes precedence if both methods used
Compliance with Laws and Regulations
The notice confirms compliance with:
- Companies Act, 2013 and relevant rules
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA Circulars permitting VC/OAVM meetings
- SEBI Circulars regarding e-voting and meeting procedures
- Secretarial Standard-2 on General Meetings
Dividend Payment Details
- Record Date: 9th September 2026
- Payment Mode: Electronic only (no physical warrants)
- Payment Timeline: Within 30 days of declaration
- TDS Applicability: As per Income Tax Act, 2025 with varying rates for different shareholder categories
- Unclaimed Dividend: Details of unpaid dividends from previous years provided with transfer dates to IEPF
Additional Information
- Document Availability: Notice and Annual Report available on company website, stock exchange websites, and KFintech platform
- Shareholder Queries: To be sent to jbma.investor@jbmgroup.com at least one week in advance
- Director Profiles: Detailed information provided for directors seeking appointment/re-appointment
- Explanatory Statement: Comprehensive explanations provided for all special business items
- IEPF Information: Details of unclaimed dividends and share transfer procedures to IEPF provided
Technical Specifications
- VC Platform: https://emeetings.kfintech.com
- Attendance Limit: 1,000 members on first-come-first-serve basis (exceptions for large shareholders, promoters, institutions)
- Speaker Registration: Required for asking questions during AGM (11th-12th September 2026)
- Document Inspection: Register of Directors and other documents available for electronic inspection during AGM