Meeting Details
The 17th Annual General Meeting was held on Wednesday, 16th September, 2026 at 3:30 PM (IST) through video conferencing/other audio visual means. The meeting was conducted in compliance with the Companies Act, 2013 read with General Circular No. 14/2020 dated 8th April, 2020, Circular No. 17/2020 dated 13th April, 2020, Circular No. 20/2020 dated 5th May, 2020, and subsequent circulars including General Circular 03/2025 dated 22nd September 2025 issued by the Ministry of Corporate Affairs, Government of India.
Attendance
Mr. Saroj Kumar Poddar, Chairman of the Company, chaired the meeting. Other directors present included Mr. Dipankar Chatterji (Independent Director and Chairman of Audit Committee & Chairman of Nomination & Remuneration Committee) and Mr. Pramod Kumar Gupta (Chairman of Stakeholders Relationship Committee). Mr. Amandeep and Mrs. Reena Suraiya, Independent Directors, could not attend due to preoccupation. Mrs. Asheeba Pereira (Company Secretary) and Mr. Manish Malik (Chief Financial Officer) were present, along with representatives of Statutory Auditors and Secretarial Auditor/scrutinizers.
Resolutions Considered
Ordinary Business:
1. To receive, consider and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements for the financial year ended 31st March, 2026 and the reports of Board of Directors and Auditors thereon (Ordinary Resolution)
2. To re-appoint Mr. Saroj Kumar Poddar (DIN: 00008654), who retires by rotation and being eligible, offers himself for re-appointment (Ordinary Resolution)
3. To re-appoint M/s. K.P. Rao & Co., Chartered Accountants (Firm Registration No. 003135S), as Statutory Auditors of the Company for a second term of five consecutive years, from the conclusion of the 17th Annual General Meeting until the conclusion of the 22nd Annual General Meeting, and to fix their remuneration (Ordinary Resolution)
Special Business:
4. To consider and approve the material related party transactions proposed to be entered into by Zuari Farmhub Limited, an unlisted subsidiary of the Company, with Paradeep Phosphates Limited during the financial year 2026-27, up to an aggregate amount not exceeding Rs. 550 Crore (Ordinary Resolution)
5. To consider and approve the continuation of Mr. Saroj Kumar Poddar (DIN: 00008654) as a Non-Executive, Non-Independent Director and Chairman of the Company, who is above the age of seventy-five years and is liable to retire by rotation (Special Resolution)
Voting Process
Members were provided remote e-voting facility to cast their votes electronically on all resolutions. Facility of e-voting at AGM was also made available for those members who participated in the AGM through VC/OAVM and did not cast their vote(s) by remote e-voting.
Scrutinizer Appointment
Mr. Shivaram Bhat, Secretarial Auditor, Practicing Company Secretary (Membership No. 10454) was appointed as Scrutinizer to scrutinize the remote e-voting and e-voting at the AGM. The Scrutinizer was to submit consolidated report of the total votes cast to Mr. Nitin M Kantak, Managing Director or Mrs. Asheeba Pereira, Company Secretary, who would declare the results immediately after receipt of the consolidated report.
Shareholder Participation
Out of 5 registered speaker members, only 1 attended the meeting and their queries were replied to suitably.
Meeting Duration and Conclusion
The meeting commenced at 3:30 PM (IST) and concluded at 4:06 PM (IST). The consolidated voting results (remote e-voting and e-voting) of the 17th Annual General Meeting as per Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 would be made available together with scrutinizer's report at the company website within 2 working days of conclusion of AGM and forwarded to the stock exchanges.
Compliance Statement
The meeting was conducted in compliance with applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.