Meeting Details

The Board meeting will be held on Wednesday, July 22, 2026 at 11:30 A.M at the company's registered office at 30D, J. L. Nehru Road, Kolkata-700016, West Bengal.

Agenda Items

The Board will consider the following matters:

  • Asset Monetization Proposal: To consider, evaluate and approve the proposal for monetization, transfer, disposal, divestment, sale, assignment or other realization of assets, properties, rights and interests of the Company. This includes plant and machinery, equipment, capital work-in-progress, inventories, stores, scrap, utilities, movable assets, and/or any business undertaking(s) of the Company, whether in whole or in part.
  • Transaction Structures: The disposal may occur through one or more transaction structures including Business Transfer Agreement (BTA), Asset Purchase Agreement (APA), slump sale, asset sale, sale as scrap, sale on "as is where is", "as is what is", "whatever there is" and "without recourse" basis, or such other mode as considered appropriate and commercially expedient.
  • Statutory Compliance: The transaction is subject to applicable statutory, regulatory and shareholders' approvals, if required.
  • Section 180 Evaluation: The Board will consider whether the transaction constitutes a disposal of substantially the whole or substantially the whole of an undertaking of the Company and, if so, will approve seeking shareholder consent pursuant to Section 180 of the Companies Act, 2013 and other applicable laws.
  • EGM Preparation: The Board will consider and approve the draft Notice of Extra-Ordinary General Meeting along with the explanatory statement pursuant to Section 102 of the Companies Act, 2013 for seeking shareholders' approval.
  • Shorter Notice EGM: The Board will consider convening the Extra-Ordinary General Meeting on shorter notice, subject to receipt of consent from members holding not less than 95% of the voting power, in accordance with Section 101 of the Companies Act, 2013.
  • E-voting Arrangements: The Board will consider and approve the e-voting schedule, cut-off date and appointment of scrutinizer for the proposed Extra-Ordinary General Meeting.

Disclosure and Authentication

The intimation was signed by Mr. Mukesh Kumar Shaw, Company Secretary & Compliance Officer (ACS No.: 80201), and digitally signed on July 19, 2026 at 15:07:53 +05:30.