The 42nd AGM was held on Wednesday, 9th September, 2026 at 11:00 A.M. at the Registered Office of the Company at Nicco House, 2, Hare Street, Kolkata - 700001. The meeting was chaired by Mr. Uditendu Sarkar, Independent Director and Chairman of the Company, and concluded at 12:40 P.M.

Meeting Proceedings

The meeting had the requisite quorum present. The Chairman introduced the Directors and Key Managerial Personnel present at the Meeting and acknowledged the presence/representation of the Statutory Auditors and the Secretarial Auditor/Scrutinizer.

The Company provided the facility of remote e-voting to Members in compliance with the Companies Act, 2013 and SEBI Listing Regulations. The remote e-voting facility commenced on Sunday, 6th September, 2026 at 9:00 A.M. and concluded on Tuesday, 8th September, 2026 at 5:00 P.M. Members who had not exercised their voting rights through remote e-voting were provided an opportunity to cast their votes at the AGM through the poll process.

CS Rasna Goyal, Practicing Company Secretary (Membership No. 9096), was appointed as the Scrutinizer to scrutinize the remote e-voting process and the voting conducted at the AGM.

Business Items Considered

Ordinary Business:

  • Item 1: Adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended 31st March, 2026, together with the Reports of the Directors and Auditors thereon.
  • Item 2: Re-appointment of Mrs. Anita Lahiri (DIN: 10520216), who retired by rotation, as a Director of the Company.

Special Business:

  • Item 3: Appointment of CS Rasna Goyal, Practicing Company Secretary, as the Secretarial Auditor of the Company for a term of five consecutive years commencing from the financial year 2026-27.
  • Item 4: Appointment of Mr. Abhijit Banerjee (DIN: 11398136) as an Independent Director of the Company for a term of five years with effect from the conclusion of the AGM.
  • Item 5: Re-appointment of Mr. Kaustubha Basu (DIN: 10185801) as the Managing Director & Chief Executive Officer of the Company for a further period of three years with effect from 29th June, 2026.
  • Item 6: Approval for availing loan/financial assistance aggregating up to Rs. 12,00,000/- (₹12 lakh) from the Company's subsidiary, Nicco Insurance Agents and Consultants Limited (NIACL).

The Chairman invited Members to raise queries and seek clarifications regarding the business items, which were addressed by the Chairman and management.

The consolidated results of the remote e-voting and voting conducted at the AGM, together with the Scrutinizer's Report, were to be declared within the prescribed period and placed on the Company's website and communicated to the Stock Exchange.