B&A Limited submitted a revised scrutinizer’s report to the Bombay Stock Exchange on August 4, 2026, correcting the voting outcomes of its Annual General Meeting (AGM) held on July 30, 2026. The revision excludes votes cast by 3,16,200 equity shares held by Sharmila Vijay Shetty, following a court injunction that restrained her voting rights. This adjustment ensures compliance with Title Suit No. 715 of 2026 (Amerx Marketing Pvt. Ltd. v. Sharmila Vijay Shetty & Ors.), pending before the 1st Civil Judge (Senior Division), Alipore. The correction impacts the total valid vote count but does not alter the outcome of any resolutions, which were passed with overwhelming support.

The initial voting results were filed on July 31, 2026, but the company later realized it had inadvertently included votes from the disputed shares due to a misinterpretation of the injunction orders dated May 19, 2026, and extended on June 19, 2026. After seeking legal opinion, B&A Limited engaged Scrutinizer Tarun Chatterjee, Advocate, to issue a revised report dated August 4, 2026. The revised report removes the 3,16,200 shares from the total valid votes cast, recalculating the percentages for each resolution. The company has uploaded the intimation and revised report on its website.

Revised Voting Outcomes

All five resolutions — four ordinary business items and one special business item — were passed unanimously after the exclusion of the disputed shares. The resolutions included the adoption of FY26 audited financial statements, reappointment of directors Anjan Ghosh and Raj Kamal Bhuyan, reappointment of Dhruba Jyoti Dowerah as Whole-time Director, and ratification of remuneration for Cost Auditors M/s Mou Banerjee & Co.

The AGM was conducted in compliance with Section 108 of the Companies Act, 2013, and Rules 20 and 21 of the Companies (Management and Administration) Rules, 2014. Remote e-voting was facilitated by Central Depository Services (India) Limited (CDSL) from July 27 to July 29, 2026. Ballot voting occurred at the Kaziranga Golf Club Resort in Assam. The quorum was established with 28 members present in person, including proxy holders. Mrs. Mou Mukherjee, Independent Director and Audit Committee Chairman, presided over the meeting.

Legal Context and Shareholder Impact

The exclusion of Sharmila Vijay Shetty’s votes stems from an ongoing title dispute involving Amerx Marketing Pvt. Ltd. The court order explicitly restrained her from exercising voting rights on the 3,16,200 shares registered in her name. While the revision reduces the total valid vote pool, the margin of support for all resolutions remains substantial, indicating strong shareholder consensus. No ballots were rejected during the process. The company secretary, Binita Pandey, confirmed that all procedural requirements under the Companies Act, 2013, were met, and the revised report reflects the accurate position of shareholder approval.

What the Numbers Show

The revised voting data confirms that the exclusion of 3,16,200 shares did not influence the passage of any resolution. For instance, the adoption of financial statements received 10,36,615 votes in favor against just one vote against. Similarly, director reappointments secured over 10 lakh votes each. This suggests that the disputed shares constituted a minor fraction of the total voting power and that their removal does not signal dissent or governance instability. Instead, it highlights the company’s adherence to judicial directives and regulatory transparency.

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.