Meeting Details

  • Date: Wednesday, 30th September 2026
  • Time: 12:30 PM (IST)
  • Location: Conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Type: 45th Annual General Meeting

Proposed Resolutions and Implications

The following business items were transacted as stated in the Notice of the 45th Annual General Meeting:

1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and Auditors thereon.

2. To approve payment of dividend of ₹1.80 per Equity Share of ₹10 each (i.e. @18%) for the financial year ended 31st March, 2026.

3. To re-appoint Shri Kanha Agarwal (DIN: 06885529), who retires by rotation as a Director and being eligible, offers himself for re-appointment as a Director.

4. To appoint M/s. SGAJ & Associates as Statutory Auditors of the Company and fix their remuneration.

5. To ratify the remuneration of Cost Auditors.

Voting Process and Methods

  • Remote e-voting: Provided through Central Depository Services (India) Limited (CDSL) from 27th September 2026 (9:00 a.m. IST) to 29th September 2026 (5:00 p.m. IST)
  • E-voting during meeting: Facility made available to shareholders who had not cast their votes through remote e-voting during the continuance of the AGM and 15 minutes after the conclusion of the AGM

Attendance and Participation

  • Record date: 23rd September, 2026
  • Total shareholders: 93,256
  • Attendance breakdown:
  • Promoter and Promoter Group: 1 attendee via Video Conference
  • Public: 102 attendees via Video Conference
  • Total attendees: 103 via Video Conference
  • No attendees in person or through proxy/authorized representative

Key Meeting Proceedings

The meeting was chaired by Smt. Ankita Garg, Independent Director and Chairperson of the Audit Committee and the Stakeholders' Relationship Committee. Other attendees included:

  • Shri Jatin Gupta, Independent Director and Member of the Audit Committee
  • Shri Harsh Vardhan Agarwal, Independent Director
  • Shri Vikram Agarwal, Managing Director
  • Shri Prashant Gupta, Chief Financial Officer
  • Shri Rajesh Kumar Agarwal, Partner of M/s Chaturvedi & Co. LLP
  • Shri Bhoopendra Kumar Bohra, Practicing Company Secretary, appointed as Scrutinizer

Shri Arvind Mahla, Company Secretary, confirmed the requisite quorum and declared the meeting duly constituted. The Chairperson delivered an address briefing Members on the Company's operational and financial performance during Financial Year 2025-26, highlighting:

  • Extraction of ~1 MTPA of coal from the Bhaskarpara coal mine
  • Key sustainability and ESG initiatives
  • Strategic growth outlook for Financial Year 2026-27

Members registered as speakers were invited to express views and raise queries, which were addressed by Shri Prashant Gupta, Chief Financial Officer.

Scrutinizer and Compliance

  • Scrutinizer: Shri Bhoopendra Kumar Bohra, Practicing Company Secretary, supervised the e-voting during the meeting
  • Compliance: Conducted in compliance with provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and circulars issued by the Ministry of Corporate Affairs and SEBI
  • Voting results: To be submitted to stock exchanges within prescribed timelines under Regulation 44 of SEBI LODR and uploaded to company and CDSL websites

Meeting Conclusion

The meeting concluded at 1:15 PM with a vote of thanks to the Chair.