Balrampur Chini Mills Limited will hold its 50th Annual General Meeting (AGM) on September 16, 2026, at 4:00 pm via video conferencing. The primary agenda is the re-appointment of Mr. Vivek Saraogi as Chairman and Managing Director.

The Board declared an interim dividend of 350%, amounting to ₹3.50 per equity share of face value ₹1 each, during its meeting on November 11, 2025. This dividend was paid to shareholders on record as of November 17, 2025. No final dividend was proposed for the financial year ended March 31, 2026; consequently, the interim dividend serves as the final dividend.

Key Corporate Actions

Management Re-appointment

The AGM notice lists the re-appointment of Mr. Vivek Saraogi (DIN: 00221419) as Chairman and Managing Director as a special resolution. If approved by members, his new term will run from April 1, 2027, to March 31, 2032. The resolution seeks consent for remuneration that may exceed limits prescribed under Regulation 17(6)(e) of the SEBI Listing Regulations. In the absence or inadequacy of profits in any financial year, minimum remuneration payable shall be determined in terms of Schedule V of the Companies Act, 2013.

Additionally, Mr. Praveen Gupta (DIN: 09651564) retires by rotation at this AGM and, being eligible, offers himself for re-appointment as a Director.

Shareholder Participation and Voting

Members can cast votes remotely via an e-voting system provided by KFin Technologies Limited. The facility will also be available during the AGM. Members attending via VC/OAVM who have not voted remotely can exercise their rights during the meeting.

E-voting Schedule

Login credentials for e-voting and VC participation will be sent via email. Members without registered email addresses can generate credentials following instructions in the AGM notice. The Integrated Annual Report 2025-26 and AGM Notice are accessible on the company website at chini.com/investors/financials/ and chini.com/investors/shareholders-notice/ respectively.

Special Window for Physical Share Transfers

Pursuant to a SEBI circular dated January 30, 2026, a special window has been opened for the transfer and dematerialisation of physical securities sold or purchased prior to April 1, 2019. This window also allows for the re-lodgement of transfer deeds that were previously rejected or returned due to deficiencies. The facility is available from February 5, 2026, until February 4, 2027. Securities re-lodged during this period will be issued only in demat mode.

Shareholders holding physical securities are reminded to update KYC details, including PAN, address, mobile number, bank account details, specimen signature, and nomination choice, pursuant to SEBI Master Circular No. HO/38/13/(4)2026-MIRSD-POD//4298/2026 dated February 6, 2026. Payments for folios lacking updated details will be made only through electronic mode with effect from April 1, 2024.

Balrampur Chini Mills Limited has filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with stock exchanges. The report outlines the company's environmental, social, and governance performance, highlighting its commitment to long-term decarbonisation goals. The filing was submitted pursuant to SEBI Listing Regulations on August 21, 2026.

Sustainability Targets

The company has established FY24 as the baseline year for its decarbonisation journey. It has pledged to achieve carbon neutrality by 2047 and net zero emissions by 2055. These targets align with India's broader climate ambitions. The company aims to reduce freshwater withdrawal by 40% across sugar and distillery units by 2030, against an FY23 baseline.

Operational Performance

Renewable sources accounted for over 99% of the company's total energy consumption in FY26. The company operates ten manufacturing plants in Uttar Pradesh, producing sugar, industrial alcohol, and co-generated power. Sugar sales contributed 65.37% of total revenue from operations, while industrial alcohol sales accounted for 26.29%.

Environmental Metrics

The company reported total Scope 1 and Scope 2 greenhouse gas emissions of 4,946.04 tCO2e in FY26, down from 5,580 tCO2e in FY25. Total energy consumption stood at 2,63,47,000.47 GJ. Water consumption increased to 12,20,063.6 kilolitres from 7,99,542.46 kilolitres in the previous year, attributed to higher operating days in distilleries and new infrastructure trials.

Social Governance

The company employs 1,621 permanent employees and 7,884 workers. Female representation on the Board of Directors stands at 42.86%, with three women directors out of seven. The company reported zero complaints related to sexual harassment, discrimination, or child labour during the reporting period.

What the Numbers Show

The divergence between rising water consumption (12.2 million kilolitres) and declining greenhouse gas emissions (4,946 tCO2e) suggests a shift in operational intensity towards ethanol production, which is water-intensive but supported by renewable energy generation. This aligns with the company's strategy to increase ethanol output for blending with petrol.