Meeting Details

  • Date: September 25, 2026
  • Type: 37th Annual General Meeting
  • Location: Not explicitly specified in the document
  • Chairman: Shri Sat Narain Gupta, Chairman & Managing Director
  • Quorum: 63 members present (including 5 through proxies and 4 authorized representatives of Body Corporates)

Proposed Resolutions and Implications

The AGM considered twelve resolutions comprising both ordinary and special business:

Ordinary Business

1. Adoption of Annual Accounts: Approval of audited financial statements for FY ended March 31, 2026

2. Declaration of Final Dividend: ₹0.50 per equity share (10%) for FY ended March 31, 2026

3. Re-appointment of Shri Kamleshwar Prasad Uniyal (DIN:08394485) as Director retiring by rotation

4. Re-appointment of Shri Ajay Gupta (DIN:02187741) as Director retiring by rotation

Special Business

5. Revision in Remuneration of Shri Ajay Gupta: Increase to ₹7,44,149/month effective January 1, 2026

6. Appointment of Shri Vikas Gupta (DIN:00921703) as Non-Executive & Non-Independent Director effective July 1, 2026

7. Appointment of Shri Varun Dabriwal (DIN:00497972) as Independent Director for 5-year term until July 3, 2031

8. Revision in Remuneration Structure of Shri Ajay Gupta: Consolidated remuneration of ₹8,09,666/month effective June 1, 2026 (no increase in overall CTC)

9. Approval of Related Party Transactions with B R Agrotech Limited: Up to ₹700 crores for FY 2026-27

10. Approval of Related Party Transactions with Bharat Certis Agriscience Limited: Up to ₹150 crores for FY 2026-27

11. Approval of Related Party Transactions with Nissan Bharat Rasayan Pvt. Limited: Up to ₹500 crores for FY 2026-27

12. Ratification of Remuneration for Cost Auditors: ₹2,53,000 to M/s. M.K.Singhal & Co. for FY 2026-27

Voting Process and Methods

The Company provided two voting methods:

  • Remote e-Voting: Available from September 21, 2026 to September 23, 2026 for shareholders as of September 17, 2026 (cut-off date)
  • Physical Polling: Available at the AGM venue for shareholders who had not voted remotely
  • Scrutinizer: M/s. A.Anand & Co., Practicing Company Secretaries was appointed to independently conduct the voting process

Key Voting Outcomes

  • All twelve resolutions were passed with requisite majority
  • The combined results of e-voting and physical polling were submitted to the National Stock Exchange of India Limited
  • The scrutinizer's report dated September 25, 2026 confirmed the voting outcomes

Compliance with Regulations

The meeting was conducted in compliance with:

  • Companies Act, 2013 and rules framed thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Company's Articles of Association

Additional Information

  • The meeting commenced at 11:00 AM and concluded at 2:30 PM
  • Documents available for inspection included Board's Report, Auditor's Report, Annual Financial Statements, and various registers
  • Several directors could not attend due to preoccupations: Shri Ajay Gupta, Shri Kamleshwar Prasad Uniyal, Shri Ankit Aggarwal, Shri Upendra Singh, and Shri Varun Dabriwal