B&A Packaging sets 40th AGM for July 27, 2026
B&A Packaging India Limited has convened its 40th AGM for July 27, 2026, at its registered office in Balasore, Odisha. The primary agenda includes the adoption of audited financial statements for FY26, the declaration of a Re. 1 per share dividend, and the reappointment of Somnath Chatterjee as Managing Director for a five-year term starting November 12, 2026. Shareholders will also vote on the ratification of remuneration for cost auditors and the reappointment of two directors, Anjan Ghosh and Arvind Parasramka. The record date for voting and dividend entitlement is July 16, 2026, with remote e-voting available from July 20 to July 22, 2026.
*this image is generated using AI for illustrative purposes only.
B&A Packaging India Limited has scheduled its 40th Annual General Meeting (AGM) for July 27, 2026, at its registered office in Balasore, Odisha, to approve the audited financial statements for the financial year ended March 31, 2026. The meeting will seek shareholder approval for the reappointment of Somnath Chatterjee as Managing Director for a period of five years, commencing from November 12, 2026. The Board has recommended a dividend of Re. 1 per share for the financial year ended March 31, 2026, subject to approval at the AGM.
The Board of Directors recommends the reappointment of Mr. Chatterjee, whose current term expires on November 11, 2026. The proposed tenure extends from November 12, 2026, to November 11, 2031. His remuneration package includes a basic salary of ₹1,80,000 per month, subject to annual increments, along with allowances such as gratuity, personal allowance, and a foreign travel allowance capped at ₹15 lakhs once every two years. The resolution specifies that in the event of loss or inadequate profits, the remuneration will be paid as minimum guaranteed remuneration within Schedule V limits of the Companies Act, 2013.
Shareholders will also vote on the ratification of remuneration for M/s. Mou Banerjee & Co., Cost Accountants, appointed to audit the cost records for the flexible packaging business for the financial year ending March 31, 2027. The Board has approved a fee of ₹1,25,000, excluding applicable taxes and reimbursement of actual expenses. This ratification is required pursuant to Section 148 of the Companies Act, 2013.
The AGM agenda includes the adoption of audited standalone financial statements for FY26 and the declaration of dividends on equity shares. Additionally, the meeting will witness the reappointment of two directors, Mr. Anjan Ghosh and Mr. Arvind Parasramka, who retire by rotation and are eligible for reappointment.
The company has fixed Thursday, July 16, 2026, as the record date to determine shareholder eligibility for voting and dividend entitlement. The register of members and share transfer books will remain closed from July 17, 2026, to July 23, 2026. Remote e-voting will be available from July 20, 2026, to July 22, 2026.
Key AGM Details
| Event | Date |
|---|---|
| AGM Date | July 27, 2026 |
| Remote E-voting Start | July 20, 2026 |
| Remote E-voting End | July 22, 2026 |
| Record Date | July 16, 2026 |
| Book Closure | July 17, 2026 to July 23, 2026 |
Director Reappointment Details
| Director | Designation | Remuneration (FY26) |
|---|---|---|
| Somnath Chatterjee | Managing Director | ₹55,44,100 |
| Anjan Ghosh | Non-Executive Director | Nil |
| Arvind Parasramka | Non-Executive Director | Nil |
Historical Stock Returns for B&A Packaging
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.64% | -2.70% | +0.76% | -16.77% | -27.63% | +51.26% |
What strategic initiatives does the company plan to pursue under Somnath Chatterjee's extended leadership through 2031?
Will the company maintain the current dividend payout ratio or increase it in future years?
How does the company plan to navigate potential market challenges that could impact profit margins and remuneration payouts?
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