B&A Limited held its Annual General Meeting (AGM) on July 30, 2026, at the Kaziranga Golf Club Resort in Assam, marking the formal adoption of its financial results for the fiscal year 2025-26. The meeting served as a key governance checkpoint, with shareholders approving the reappointment of key board members and ratifying the remuneration of cost auditors, ensuring continuity in leadership as the company moves into the next fiscal cycle.

The proceedings were conducted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013. Mrs. Mou Mukherjee, Independent Director and Chairman of the Audit Committee, presided over the meeting after being elected by the members. The quorum was established with 28 members present in person, including four proxy holders. Remote e-voting was facilitated by Central Depository Services (India) Limited (CDSL) from July 27 to July 29, 2026, allowing broader shareholder participation alongside ballot voting at the venue.

Key Resolutions Passed

Shareholders approved five resolutions during the meeting, covering both ordinary and special business items. All resolutions were passed through a combination of remote e-voting and physical ballot voting.

The reappointment of Dhruba Jyoti Dowerah is notable for its duration; he has been designated as Deputy Managing Director and will serve for a further period of three years, from August 12, 2026, to August 11, 2029. This extension provides stability to the executive management team during a period of economic transition highlighted in the Chairperson’s address.

Governance and Audit Oversight

Mr. Palash K. Dey, Partner at Salarpuria & Partners, Chartered Accountants, presented the Statutory Auditors’ Report on the Standalone and Consolidated Financial Statements. The report contained no qualifications, observations, or adverse remarks, indicating a clean audit opinion for the fiscal year 2025-26. The presence of the statutory auditor and the appointment of Tarun Chatterjee, Advocate, as the Scrutinizer for e-voting and ballot processes underscored the company’s adherence to rigorous compliance standards.

Several directors, including Robin Aidan Farley, Himangshu Sekhar Das, Anjan Ghosh, Amit Kiran Deb, Amit Chowdhuri, and Simeen Hossain, were unable to attend due to prior commitments but had conveyed their apologies. Despite their absence, the meeting proceeded smoothly with the requisite quorum and director attendance, including Executive Managing Director Somnath Chatterjee and Non-Executive Director Dipankar Mukherjee.

What the Numbers Show

While specific financial figures were not detailed in the immediate proceedings summary, the clean adoption of the audited financials and the unanimous passing of all resolutions signal strong shareholder confidence in the management’s stewardship. The decision to extend the tenure of the Whole-time Director suggests a strategic focus on long-term operational stability rather than short-term managerial churn. The company will separately submit the detailed voting results and Scrutinizer’s Report to BSE Limited within the prescribed timeline.

B & A Limited has completed the dispatch of the Notice of the 112th Annual General Meeting and the Annual Report for the financial year ended March 31, 2026. The meeting is scheduled to be held on July 30, 2026, at 10:00 AM IST at the Auditorium of Kaziranga Golf Club Resort in Jorhat, Assam. The company informed the exchanges that the documents were sent to shareholders and published in newspapers on July 7, 2026.

The Board recommends the adoption of the standalone and consolidated financial statements for FY26. Shareholders will vote on the reappointment of Mr. Dhruva Jyoti Dowerah as Whole Time Director designated as Deputy Managing Director for a term of three years. Additionally, the ratification of remuneration for M/s. Mou Banerjee & Co., Cost Accountants, for auditing cost records for the tea business is on the agenda.

Key Meeting Dates and Voting Details

The Register of Members and Share Transfer Books will remain closed from July 24, 2026, to July 30, 2026. The record date for determining shareholder eligibility for voting is July 23, 2026. Remote e-voting will be available from July 27, 2026, at 10:00 AM IST to July 29, 2026, at 5:00 PM IST.

The Notice and Annual Report are available on the company's website. Mr. Tarun Chatterjee has been appointed as the Scrutinizer for the e-voting process.