Andrew Yule & Company has completed the dispatch of the notice for its 78th Annual General Meeting and the annual report for FY26. The process concluded on September 2, 2026, in compliance with regulatory requirements.

The company published an advertisement confirming this completion in Financial Express (English) and Dainik Jugasankha (Bengali) on September 3, 2026. The communication was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sucharita Das, Company Secretary, digitally signed the intimation dated September 3, 2026.

Meeting Schedule and Logistics

The AGM will be held via Video Conferencing or Other Audio-Visual Means on September 24, 2026, at 11:30 am. The deemed venue is the registered office in Kolkata. Members holding shares as of the record date, September 17, 2026, are eligible to vote. Remote e-voting opens on September 21, 2026, at 9:00 am and closes on September 23, 2026, at 5:00 pm.

Voting Process and Scrutinizer

The company engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting and e-voting during the AGM. Smt. Indrani Chaudhuri, Practicing Company Secretary (Membership No. ACS 8739) of T. Chatterjee & Associates, has been appointed as the scrutinizer to ensure a fair and transparent voting process.

Members who cast votes via remote e-voting may attend the AGM but cannot vote again. Those who become members after the notice dispatch but before the cut-off date can request user IDs from NSDL or the company.

Key Agenda Items

Ordinary business includes adopting audited standalone and consolidated financial statements for FY26. Members will approve the continuation of Vijay Mittal as a director liable to retire by rotation and authorize the Board to fix statutory auditor remuneration for FY27.

Special business items focus on board composition changes:

• Continuation of Sharad Kumar as Director (Planning)
• Continuation of Kulbhushan Malhotra as Part-time Official Director
• Appointment of Singhai Sanjay Jain as Non-Official Independent Director for three years
• Ratification of cost auditor remuneration of ₹75,000 plus taxes for M/s Bandyopadhyaya Bhaumik & Co.

Proposed Removal of Chairman

A significant special resolution proposes the removal of Ananta Mohan Singh, currently serving as Chairman and Managing Director. This follows a special notice from shareholder Amrex Marketing Private Limited under Section 169 read with Section 115 of the Companies Act, 2013.

The Board has not expressed an opinion on the validity or merits of this proposal. The explanatory statement notes that Singh’s appointment and removal are governed by Presidential Orders and the Articles of Association. Singh submitted a representation clarifying that his occupation of company-owned accommodation is solely official and ceases with his tenure.

Director Profiles

Sharad Kumar brings nearly 30 years of experience in mining and explosives. Kulbhushan Malhotra has over 34 years of government service experience. Singhai Sanjay Jain is a Chartered Accountant with expertise in finance and law.

Andrew Yule & Company Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the Bombay Stock Exchange. The Government of India enterprise reported a total turnover of ₹295.28 crore and a net worth of ₹75.68 crore for the period.

The filing, dated September 2, 2026, was signed by Sucharita Das, Company Secretary. It discloses operational metrics, employee welfare data, and environmental impact figures in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations.

Business Operations

The company operates across three primary divisions: Tea growing and manufacturing (44.85% of turnover), Electrical Division manufacturing transformers (36.27%), and Engineering Division producing industrial fans and pollution control equipment (18.71%). Manufacturing activities are spread across 14 plants nationally, including operations in Chennai, Kalyani, and tea estates in West Bengal and Assam. Exports contributed a negligible 0.02% to the total turnover during FY26.

Workforce and Human Rights

As of the end of FY26, the entity employed 196 permanent and non-permanent employees and 13,624 workers. Female representation among permanent employees stood at 3.06%, while workers showed near gender parity with 49.53% female participation. The company reported zero fatalities and zero lost-time injuries for both employees and workers during the year.

Training coverage reached 100% for all employees and workers on human rights issues. Median remuneration for male workers was ₹1.55 lakh, compared to ₹1.45 lakh for female workers. Gross wages paid to females constituted 42% of total wages, down from 43% in the previous year.

Environmental Impact

Total energy consumption decreased to 12,899,657 kWh from 18,321,830 kWh in FY25, resulting in an improved energy intensity of 0.0044 GJ/INR. Water withdrawal remained high at 203,983,074 kilolitres, primarily from groundwater sources. Greenhouse gas emission intensity per rupee of turnover rose to 8.52 x 10^-7 from 4.27 x 10^-7 in the prior year.

What the Numbers Show

The divergence between declining energy consumption and rising greenhouse gas intensity suggests a shift in the energy mix or efficiency gains that did not proportionally reduce carbon output relative to revenue. Additionally, while female wage share dipped slightly to 42%, the near-equal gender split in the worker demographic indicates significant female participation in its labor-intensive tea division.

Governance and Compliance

The company confirmed it is not subject to Corporate Social Responsibility (CSR) provisions under Section 135 of the Companies Act, 2013. It maintains affiliations with seven trade bodies, including the Indian Tea Association and IEEMA. No regulatory penalties or fines were recorded during the reporting period.