Assam Entrade Limited held its 41st Annual General Meeting on September 25, 2026, via video conferencing. Members adopted the standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026.

The meeting was conducted in compliance with Ministry of Corporate Affairs and SEBI circulars. The registered office in Kolkata served as the deemed venue. Quorum requirements were met, allowing the transacton of ordinary and special business.

Board and Key Personnel Attendance

The Chairman of the meeting was Nishant Gupta, who also serves as Managing Director. The following directors and key managerial personnel were present:

Rati Gupta (Executive Director) and Robin Srivastava (Independent, Non-Executive Director) were absent due to pre-occupations. Statutory auditor Mehrotra & Company and secretarial auditor HKS & Associates LLP were represented by their respective partners.

Resolutions Passed

Shareholders voted on four resolutions covering financial adoption, director reappointment, and auditor engagement. The resolutions were passed as follows:

The company utilized NSDL for remote e-voting facilities. Voting commenced on September 22, 2026, and concluded on September 24, 2026. Live e-voting remained open for an additional 15 minutes after the meeting's conclusion to accommodate remaining members.

Governance and Compliance

The Chairman delivered a speech addressing the company's business and financial performance, alongside future opportunities. The notice convening the AGM and the annual report were taken as read, as they had been previously circulated. The auditors' reports contained no adverse comments or qualifications.

Voting results pursuant to Regulation 44(3) of SEBI (LODR) Regulations, 2015, and the scrutinizer's report under Section 108 of the Companies Act, 2013, will be submitted separately.

Assam Entrade Limited has scheduled its 41st Annual General Meeting for September 25, 2026, to be held via video conferencing. The company also appointed Sunil Kumar Gupta as an additional non-executive independent director.

The board approved the appointment of Mr. Gupta during its meeting on August 26, 2026. His term extends until the conclusion of the AGM in calendar year 2031 or for five consecutive years, whichever is earlier. The appointment is subject to shareholder approval at the upcoming AGM.

Director Appointment Details

Mr. Gupta, a Fellow Chartered Accountant with over 30 years of experience in audit, taxation, and project financing, joins the board effective August 26, 2026. He serves as Senior Partner at M/s Sunil Rajjan & Associates and holds specialized certifications including ISA (ICAI) and NSE Financial Markets credentials.

The Nomination and Remuneration Committee recommended his appointment. Mr. Gupta has no relationship with existing directors.

AGM and Corporate Governance Updates

The company published newspaper advertisements in Financial Express and Ek Din on September 2, 2026, regarding the AGM. The meeting will be held through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with MCA Circular No. 14/2020 and subsequent circulars, including MCA General Circular No. 03/2025 dated September 22, 2025, and SEBI Master Circular No. SEBI/HO/CFD/CFDPoD-2/CIR/2023/167 dated October 7, 2023, and SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133 dated October 3, 2024.

Key logistical details for the shareholder meeting include:

• Book closure dates: September 19 to September 25, 2026 (both days inclusive)
• Cut-off date for voting entitlement: September 18, 2026
• Remote e-voting window: September 22 (9:00 am) to September 24 (5:00 pm), 2026
• Notice dispatch completion: September 1, 2026

ABS Consultant Private Limited was authorized to conduct the AGM. Members holding shares in physical mode who have not registered email addresses can update details via Form-ISR 1 submitted to the RTA.

Additionally, the board approved the Directors’ Report, Corporate Governance Report, and Management Discussion and Analysis Report for FY26.

Township Project Progress

The board reviewed developments regarding the company’s 66.68-acre Integrated Township Project in Kanpur Nagar, Uttar Pradesh. Key milestones include:

• Grant of license for development by local authorities
• Approval of the Detailed Project Report by the Kanpur Development Authority
• Final layout plan approval received in February 2026

The company is developing the township as a lead member alongside six corporate partners.