Andrew Yule & Company Limited, a Government of India Enterprise, has intimated BSE Limited of its upcoming Board of Directors meeting, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The notice, dated May 19, 2026, was issued by Company Secretary Sucharita Das from the company's registered office at 'Yule House', 8, Dr. Rajendra Prasad Sarani, Kolkata-700 001.

Board Meeting Details

The 277th meeting of the Board of Directors is scheduled to be held through video conferencing on Tuesday, May 26, 2026, at 2.30 p.m. The key agenda items for the meeting are outlined below:

Trading Window Closure

In accordance with applicable SEBI regulations, the Trading Window for Designated Employees and other relevant persons shall remain closed until May 28, 2026. This closure is a standard compliance measure observed ahead of the announcement of financial results to prevent any potential misuse of unpublished price-sensitive information.

About the Meeting Agenda

The Board will, among other matters, consider and take on record the audited standalone and consolidated financial results of the company for the quarter and year ended March 31, 2026. Additionally, the Board will deliberate on the recommendation of a final dividend for the financial year 2025-26, subject to applicable considerations. The intimation was filed in compliance with the company's disclosure obligations under SEBI listing norms.

Andrew Yule & Company Limited has announced the cessation of three directors following the completion of their respective tenures, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Latest Director Cessation Under Government Orders

The company informed the BSE that Shri Sunder Pal Singh's tenure as Non-official Part-time Independent Director came to an end on 1st April, 2026, pursuant to Order No.10(33)/2010-PE.I dated 2nd April, 2025, issued by the Ministry of Heavy Industries, Government of India. Consequently, Shri Sunder Pal Singh ceased to be a Director of the company effective 2nd April, 2026.

Previous Director Cessations

The disclosure also covered the cessation of two other directors who completed their tenure on 2nd November, 2024, as per Order F.No.10(33)/2010-PE.I/CPSE-I dated 2nd November, 2021, issued by the Ministry of Heavy Industries, Government of India.

Regulatory Compliance

All cessations were attributed to the completion of tenure as mandated by government orders rather than resignations or other circumstances. The company has fulfilled its disclosure obligations under SEBI regulations by providing the required information to the stock exchange.

Corporate Governance Impact

The cessation of these three directors represents a significant change in the board composition of the government enterprise. As a Government of India enterprise, Andrew Yule & Company Limited operates under specific regulatory frameworks that govern director appointments and tenure completion through ministerial orders.

The company's compliance with regulatory disclosure requirements demonstrates its commitment to maintaining transparency with stakeholders and adhering to corporate governance standards mandated for listed entities.