B&A Limited successfully conducted its 1st Extraordinary General Meeting (EGM) for the financial year 2025-26 on March 26, 2026, and has now announced the official voting results. The meeting was held at the company's registered office in Gariahabi Grant, Charingia, Jorhat, Assam, commencing at 10:00 AM IST and concluding at 10:20 AM IST.

Meeting Governance and Attendance

The EGM was conducted in accordance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ms. Mou Mukherjee, Non-Executive Independent Director and Chairperson of the Audit Committee, was elected to chair the proceedings.

The meeting saw comprehensive board participation, with all key committees represented. Notable attendees included Mr. Somnath Chatterjee (Managing Director), Mr. Dhruba Jyoti Dowerah (Whole-time Director), and various Non-Executive Independent Directors. Ms. Binita Pandey served as Company Secretary, while Mr. Tapas Kumar Chatterjee attended as Chief Financial Officer.

Voting Process and Results

The company implemented a dual voting mechanism, providing both remote e-voting and physical ballot options. Central Depository Services (India) Limited (CDSL) facilitated the electronic voting process, with Mr. Tarun Chatterjee, Advocate, serving as the appointed scrutinizer.

Resolution Outcome and Voting Breakdown

The primary agenda item involved the reappointment of Mr. Somnath Chatterjee (DIN: 00172364) as Managing Director. The resolution was successfully passed with overwhelming support from shareholders.

The voting saw strong participation from the promoter group (53.19% of their holdings) and public non-institutional shareholders (26.58% of their holdings). Notably, all public non-institutional votes were cast in favour of the resolution, demonstrating broad shareholder confidence.

Regulatory Compliance and Documentation

B&A Limited ensured full compliance with regulatory requirements throughout the EGM process. The voting results and consolidated scrutinizer's report have been submitted to BSE Limited under Regulation 44(3) of SEBI Listing Regulations. The company has also made these results available on its website at www.barooahs.com and on CDSL's platform at www.evotingindia.com .

The scrutinizer's report confirmed that all voting procedures were conducted in a fair and transparent manner, with proper reconciliation of ballots against the records maintained by the company's Registrar and Share Transfer Agent. The resolution enables the Board of Directors and Nomination and Remuneration Committee to vary remuneration within statutory limits during the tenure.

Rasiklal P Sanghavi (HUF) and seven persons acting in concert (PACs) have filed a substantial acquisition disclosure for A B Infrabuild Limited under SEBI Regulation 29(2). The disclosure reveals significant changes in their collective shareholding through a combination of open market transactions and rights issue participation.

Shareholding Changes Overview

The acquirer group's total holding decreased from 12.39% to 10.51% of A B Infrabuild Limited's voting capital. This represents a net reduction of 1.88% in their collective stake.

Individual Stakeholder Positions

The disclosure shows varied changes in individual holdings among the PACs:

Post-Transaction Holdings

Transaction Details

The transactions involved both acquisitions and disposals across the group members. Notable movements included substantial purchases by Yogeshkumar Rasiklal Sanghavi of 1,27,97,220 shares (2.00%) and significant sales by Jitendra Rasiklal Sanghavi of 2,06,64,942 shares (3.24%).

The mode of acquisition included sale and purchase through open market transactions and subscription to equity shares under the rights issue. The company's equity share capital remained unchanged at Rs. 63,87,89,360, divided into 63,87,89,360 equity shares of Re. 1 each.

Regulatory Compliance

The disclosure confirms that the acquirer group does not belong to the promoter or promoter group category. A B Infrabuild Limited's shares are listed on both the National Stock Exchange of India Limited and BSE Limited. The filing was made on behalf of all acquirer and PAC entities by Rasiklal P Sanghavi (HUF) as the primary acquirer.