Board Meeting Details

The Board of Directors meeting was held on Thursday, 13th August 2026, commencing at 03:30 PM and concluding at 04:45 PM.

Key Decisions and Appointments

1. Appointment of Additional Director

  • Mr. Bibhash Dev (DIN: 11878808) appointed as Additional Non-Executive Independent Director
  • Appointment effective from 13th August 2026
  • Term: Two years from date of appointment
  • Subject to necessary shareholder approvals
  • Appointment made on recommendation of Nomination and Remuneration Committee
  • Director confirmation: Not debarred from holding office by virtue of any SEBI order or authority

2. Director Resignation

  • Mr. Virendra Kumar Jain (DIN: 02525741) resigned from position of Independent Director
  • Resignation effective close of business hours on 13th August 2026
  • Reason for resignation: Personal reasons and other pre-occupation

3. Board Committee Reconstitution

Consequent to changes in Board composition, all committees were reconstituted effective 13th August 2026 as per Companies Act, 2013 and SEBI LODR Regulations:

Audit Committee Composition:

  • Mr. Bibhash Dev (Non-Executive, Independent) - Chairman
  • Ms. Shrishti Jain (Non-Executive, Independent) - Member
  • Mrs. Tara Rani Jain (Non-Executive, Non-Independent) - Member

Nomination and Remuneration Committee Composition:

  • Mr. Bibhash Dev (Non-Executive, Independent) - Chairman
  • Ms. Shrishti Jain (Non-Executive, Independent) - Member
  • Mrs. Tara Rani Jain (Non-Executive, Non-Independent) - Member

Stakeholders' Relationship Committee Composition:

  • Mr. Bibhash Dev (Non-Executive, Independent) - Chairman
  • Ms. Shrishti Jain (Non-Executive, Independent) - Member
  • Mrs. Tara Rani Jain (Non-Executive, Non-Independent) - Member

4. Annual General Meeting Details

  • 40th Annual General Meeting scheduled for Monday, 28th September 2026 at 03:00 PM
  • Venue: Registered office of the Company (Meherpur, Silchar - 788015, Assam)
  • Notice of AGM for financial year ended 31st March 2026 to be sent to stock exchanges in due course

5. Register Closure Period

  • Register of Members & Share Transfer Books will remain closed from Tuesday, 22nd September 2026 to Monday, 28th September 2026 (both days inclusive)
  • Closure purpose: For conducting 40th Annual General Meeting scheduled on 28th September 2026
  • Regulatory reference: Pursuant to Regulation 42 of SEBI (LODR) Regulations, 2015

Director Profile Details (Annexure I)

Mr. Bibhash Dev Professional Background:

  • Accomplished academician and administrator with over four decades of professional experience
  • Educational qualifications: M.Sc., B.A. LL.B., and Ph.D.
  • Professional experience includes:
  • Faculty of Zoology at Goalpara College, Goalpara and S.S. College, Hailakandi for 20 years
  • Worked in UCO Bank (nationalized bank) for three years
  • Served at Assam University (Central University) for 19 years in various administrative positions
  • Retired as Director of College Development Council in April 2015
  • Published research papers in national scientific journals
  • Current honorary positions:
  • Academic Advisor at ERDF Guwahati & University of Science, Technology and Management, Guwahati
  • President of ACD & MB Memorial Degree College
  • President of Royal Convent School
  • President of RUPAM socio cultural organization
  • President of Science Trial Organization in Silchar

Director Relationship Disclosure:

  • Not related to any existing directors, key managerial personnel, or promoters of the Company
  • Not debarred from holding office of director by virtue of any SEBI order or authority

Regulatory Compliance References

  • SEBI (LODR) Regulations, 2015 - Regulation 30
  • SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11th July 2023
  • SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023
  • SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015
  • Companies Act, 2013 - Section 178
  • BSE Circular ref. no. LIST/COMP/14/2018-19 dated 20th June 2018
  • NSE Circular ref. no. NSE/CML/2018/24 dated 20th June 2018

Financial Impact

No financial impact quantified in the disclosure. The changes are related to board composition and governance structure.