Event Details
Notice of the 40th Annual General Meeting (AGM) to be held on Friday, August 28, 2026, at 11:00 AM at the company's registered office in Rajganj, Jalpaiguri, West Bengal.
Ordinary Business
1. Adoption of Financial Statements: To receive, consider, and adopt the audited financial statements for the financial year ended March 31, 2026, together with reports of auditors and directors.
2. Director Re-appointment: To re-appoint Mr. Hardev Singh (DIN: 00550781) as director liable to retire by rotation.
3. Director Re-appointment: To re-appoint Mr. Paramdeep Singh (DIN: 00550824) as director liable to retire by rotation.
Special Business
4. Cost Auditor Appointment: Ratification of remuneration payable to cost auditor M/s. D. Sabyasachi & Co. (Registration No. 000369) for conducting audit of cost records for "Single Super Phosphate Fertilizer, Sulphuric Acid and Mixture Fertilizer" for FY 2026-27. Remuneration fixed at ₹52,000 plus service tax and reimbursement of out-of-pocket expenses.
5. Managing Director Remuneration Increase: Special resolution to increase remuneration of Mr. Hardev Singh (DIN: 00550781) as Managing Director from ₹10,00,000 per month to ₹15,00,000 per month (50% increase) effective September 1, 2026, for his remaining term until August 8, 2029. Additional resolution to allow him to continue holding office despite attaining 83 years of age.
6. Whole-time Director Remuneration Increase: Special resolution to increase remuneration of Mr. Paramdeep Singh (DIN: 00550824) as Whole-time Director from ₹4,00,000 per month to ₹5,00,000 per month (25% increase) effective September 1, 2026, for remaining term until August 8, 2029.
7. Whole-time Director Re-appointment and Remuneration: Special resolution to re-appoint Mr. Inderdeep Singh (DIN: 00879115) as Whole-time Director for five years from August 1, 2026, to August 1, 2031, with increased remuneration from ₹4,00,000 per month to ₹5,00,000 per month (25% increase) effective September 1, 2026.
8. Independent Director Re-appointment: Special resolution to re-appoint Mr. Prem Shankar Pandey (DIN: 09091634) as Independent Director for a second term of five years from March 14, 2026, to March 14, 2031.
Additional Meeting Information
- Register of members and share transfer books will remain closed from August 21, 2026, to August 28, 2026 (both days inclusive)
- E-voting period: August 25, 2026 (10:00 AM) to August 27, 2026 (5:00 PM) through CDSL platform
- Cut-off date for determining voting rights: August 21, 2026
- Scrutinizer appointed: Mr. Rantu Kumar Das, Practicing Company Secretary (FCS-8437)
- Company shares listed on Bombay Stock Exchange Ltd. (Stock code: 524204)
- Listing fees for 2025-2026 paid to BSE Ltd.
Director Details (Annexure-1)
- Mr. Hardev Singh (Managing Director): First appointed August 9, 1989; Graduate; holds 1,592,190 shares; 5 directorships in other public companies
- Mr. Paramdeep Singh (Whole-time Director): First appointed April 30, 2002; Graduate; holds 155,100 shares; 4 directorships in other public companies; son of Mr. Hardev Singh