Meeting Details

  • Date: Thursday, 24th September 2026
  • Time: 11:00 A.M. to 12:20 P.M. (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered Office of the Company at Plot No. CF18/2, Street No. 175, Action Area - IC, New Town, Kolkata - 700 156, W.B., India
  • Type of Meeting: 61st Annual General Meeting

Attendance

  • Chairman: Shri Manobendra Ghoshal, Chairman and Managing Director
  • Directors Present: Smt. Bhanu Kumar (Director Commercial), Shri Subrata Sarkar (Director Finance), Smt. Santosh (Govt. Nominee Director), Shri Chandra Shekhar Baghel (Independent Director), Shri Niwas Mandal (Independent Director), Smt. Alka Chandrakar (Independent Director), Shri Siraiong Singpho (Independent Director)
  • Other Attendees: Representative of Hon'ble President of India, Representative of Statutory Auditor, Secretarial Auditor, Scrutinizer, and other officers
  • Members: Approximately 84 members joined through virtual mode
  • Quorum: Present throughout the meeting as required under the Companies Act

Voting Process

  • Remote E-voting: Facility provided through NSDL Portal from 20th September 2026 (9:00 A.M.) to 23rd September 2026 (5:00 P.M.)
  • E-voting during AGM: Facility provided to members who did not cast votes through remote e-voting
  • Scrutinizer: M/s. Bajaj Todi & Associates, Practicing Company Secretaries appointed to scrutinize both remote e-voting and e-voting at AGM
  • Voting Window: E-voting remained open for 30 minutes after conclusion of meeting

Resolutions Considered

Ordinary Business

1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Board and Auditors, and comments of Comptroller and Auditor General of India

2. To confirm Interim dividend paid @ ₹7.60 per share and declare Final dividend @ ₹8.10 per share (81%) on equity shares for FY 2025-26

3. To appoint Director in place of Shri Manobendra Ghoshal (DIN 09762368) who retires by rotation

4. To authorize Board of Directors to fix remuneration of Statutory Auditors appointed by CAG for FY 2026-27

Special Business

5. Appointment of Shri Siraiong Singpho (DIN: 11835817) as Independent Director

6. Appointment of Shri Niwas Mandal (DIN: 11837616) as Independent Director

7. Appointment of Smt. Santosh (DIN: 09519383) as Govt. Nominee Director

Key Discussions

  • Chairman provided overview of Economic and Business Environment, company performance during FY 2025-26, operational excellence, achievements, and future industry scenario
  • Shareholders who registered as speakers in advance praised management performance, gave suggestions, and asked queries
  • Management addressed queries on operational and financial performance, new business activities, future Capex plans, future business plans, Legal Cases, ESG rating, CSR Activities, business threats and mitigation plans, and performance of JV company
  • Company Secretary informed members about Statutory Auditor's Report (no qualifications) and Secretarial Audit report (contained observations)
  • Observations of Secretarial Auditor and comments of CAG were not read during meeting as they did not have adverse effect on company functioning

Compliance and Authorization

  • Meeting conducted in compliance with circulars issued by Ministry of Corporate Affairs and SEBI
  • Chairman authorized Shri Ajay Kumar Rai, Company Secretary to declare voting results and notify Stock Exchanges
  • Results to be notified to Stock Exchanges and hosted on company website and e-voting agency website within prescribed time period