Event Overview

Teesta Agro Industries Limited held its 40th Annual General Meeting on Friday, August 28, 2026, at 11:00 AM IST at the Registered Office: Mazabari Rajganj, Dist. Jalpaiguri - 735134, West Bengal. The meeting was conducted in compliance with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant MCA and SEBI circulars.

Meeting Attendance and Participation

  • Total of 31 members attended, representing 3,596,000 shares
  • Mr. Hardev Singh (DIN:00550781), Managing Director, chaired the meeting
  • Other directors present: Mr. Paramdeep Singh (DIN:00550824, Whole Time Director), Mr. Inderdeep Singh (DIN:00879115, Whole Time Director), Ms. Joginder Kaur (DIN:00550860, Director)
  • Representatives present: Statutory Auditors' representative, Mr. Rantu Kumar Das (Representative of Rantu Das & Associates, Secretarial Auditor and Scrutinizer)
  • Mr. Abhinav Kumar Pandey, Company Secretary, conducted the proceedings

Meeting Proceedings

The Chairman delivered a speech overviewing the financial performance for FY ended March 31, 2026, and future outlook. He confirmed no qualifications, reservations, or adverse remarks in the Auditor's Report on Financial Statements, though there were certain observations in the Secretarial Audit Report which were read by Mr. Paramdeep Singh.

Remote e-voting was provided to all members from Tuesday, August 25, 2026, at 10:00 AM to Thursday, August 27, 2026, at 5:00 PM in accordance with Regulation 44 of SEBI LODR Regulations.

Resolutions Approved

The following resolutions were proposed and approved at the meeting:

Ordinary Business

1. Adoption of Audited Financial Statements for FY ended March 31, 2026, together with Reports of Auditors and Directors

  • Proposed by: Mr. Bishnu Prasad Shetty
  • Seconded by: Mr. Bhaskar Banik

2. Reappointment of Mr. Hardev Singh (DIN:00550781) as Director retiring by rotation

  • Proposed by: Mr. Bipul Dhar
  • Seconded by: Mr. Sailendra Bahadur Singh

3. Reappointment of Mr. Paramdeep Singh (DIN:00550824) as Director retiring by rotation

  • Proposed by: Mr. Milan Shill
  • Seconded by: Mr. Pradip Kr. Chakraborty

Special Business

4. Ratification of remuneration payable to cost auditors for FY ending March 31, 2027

  • Proposed by: Mr. Saibal Sikdar
  • Seconded by: Mr. Sanjib Kr. Patel

5. Increase in remuneration of Mr. Hardev Singh (DIN:00550781), Managing Director

  • Proposed by: Mr. Bhaskar Banik
  • Seconded by: Mr. Bipul Dhar

6. Increase in remuneration of Mr. Paramdeep Singh (DIN:00550824), Whole Time Director

  • Proposed by: Mr. Anil Kr. Tripathy
  • Seconded by: Mr. Bipul Dhar

7. Reappointment and increase in remuneration of Mr. Inderdeep Singh (DIN:00879115), Whole Time Director

  • Proposed by: Mr. Sailendra Bahadur Singh
  • Seconded by: Mr. Bipul Dhar

8. Reappointment of Mr. Prem Shankar Pandey (DIN:09091634) as Independent Director

  • Proposed by: Mr. Saibal Sikdar
  • Seconded by: Mr. Sanjib Kr. Patel

Voting and Results

Members who had not voted through remote e-voting were allowed to cast votes through ballot paper. M/s. Rantu Das & Associates, Company Secretaries, was appointed as Scrutinizer for e-voting and meeting voting process.

The voting results were to be made available on the company website (www.teestaagro.in), CDSL website, and stock exchange websites within 48 hours from meeting conclusion. The combined voting details (e-voting and ballot voting) as required under Regulation 44(3) of SEBI LODR Regulations will be submitted after receipt of the Scrutinizer Report.

Meeting Conclusion

The meeting concluded at 12:50 PM. This submission is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.