Key Financial Figures (FY2025-26)

  • Revenue from Operations: ₹226.47 crore (Previous year: ₹188.38 crore)
  • Profit Before Tax: ₹11.78 crore (Previous year: ₹9.43 crore)
  • Profit After Tax: ₹8.23 crore (Previous year: ₹6.79 crore)
  • Earnings Per Share: ₹14.79 (Previous year: ₹12.20)
  • Paid-up Capital: ₹5.57 crore (unchanged)
  • No dividend recommended for FY2025-26

Annual General Meeting Details

  • Date: August 28, 2026
  • Time: 11:00 AM
  • Venue: Registered Office at Mazabari, Rajganj, Jalpaiguri, West Bengal - 735134
  • Book Closure: August 21, 2026 to August 28, 2026 (both days inclusive)

Ordinary Business Items

1. Adoption of audited financial statements for FY ended March 31, 2026

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

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

Special Business Items

4. Ratification of Remuneration to Cost Auditor: Appointment of M/s. D. Sabyasachi & Co. at remuneration of ₹52,000 plus taxes for FY2026-27

5. Increase in Managing Director Remuneration: Increase in salary of Mr. Hardev Singh from ₹10 lakh to ₹15 lakh per month effective September 1, 2026 until August 8, 2029

6. Increase in Whole-time Director Remuneration: Increase in salary of Mr. Paramdeep Singh from ₹4 lakh to ₹5 lakh per month effective September 1, 2026 until August 8, 2029

7. Re-appointment and Remuneration Increase: Mr. Inderdeep Singh's salary increased from ₹4 lakh to ₹5 lakh per month effective September 1, 2026 until August 1, 2031

8. Re-appointment of Independent Director: Mr. Prem Shankar Pandey (DIN: 09091634) re-appointed for second term of 5 years from March 14, 2026 to March 14, 2031

Corporate Governance

  • Board met 7 times during FY2025-26
  • Comprises 10 Directors including 4 Independent Directors
  • All applicable policies including CSR Policy, Related Party Transaction Policy, and Whistle Blower Policy in place
  • CSR Committee comprises Mr. Paramdeep Singh (Chairman), Mr. Subash Chandra Samantaray, and Mr. Prem Shankar Pandey

CSR Activities and Expenditure

  • Mandatory CSR Requirement: ₹16.42 lakh (2% of average net profit)
  • Actual CSR Spending: ₹16.94 lakh
  • CSR Projects:
  • Flood relief through Siliguri Youth Forum Welfare Society: ₹50,000
  • Health camps in Jalpaiguri: ₹2.85 lakh
  • Smart classes at Rajganj College: ₹1.68 lakh
  • Rural road development: ₹38.77 lakh
  • Various community development projects in Chittorgarh: ₹8.67 lakh

Key Management Personnel Changes

  • Mr. Umesh Chandra Sahoo resigned as Whole-time Director effective April 10, 2025
  • Ms. Rashi Saraf resigned as Independent Director effective April 11, 2025

Capital Structure

  • Authorized Capital: ₹10 crore (80 lakh equity shares of ₹10 each + 20 lakh preference shares of ₹10 each)
  • Issued, Subscribed and Paid-up Capital: ₹5.57 crore (55.65 lakh equity shares of ₹10 each)
  • Allotment money in arrears: ₹4 lakh

Operational Highlights

  • Company engaged in manufacturing and marketing of fertilizers
  • Production includes Single Super Phosphate Fertilizer, Sulphuric Acid and Mixture Fertilizer
  • Plants located at Rajganj, Jalpaiguri, West Bengal and Chittorgarh unit
  • Industrial relations remained cordial throughout the year

Important Dates

  • AGM Date: August 28, 2026
  • E-voting Period: August 25, 2026 (10:00 AM) to August 27, 2026 (5:00 PM)
  • Cut-off Date for E-voting: August 21, 2026
  • Financial Year End: March 31, 2026

Financial Impact Assessment

  • Director remuneration increases represent committed cash outflow
  • No dividend declaration preserves cash for operations
  • CSR expenditure marginally above mandatory requirement
  • All financial impacts quantified in the disclosure