Bang Overseas Limited held its 34th Annual General Meeting on September 29, 2026, through Video Conferencing. The meeting focused on the adoption of standalone and consolidated financial statements for FY26 and the approval of material related party transactions.

Proceedings and Attendance

The meeting commenced at 11:30 am and concluded at 12:02 pm. Mr. Brijgopal Balaram Bang, Chairman and Managing Director, chaired the session. Due to regulatory compliance, the AGM was conducted entirely through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). No members attended physically or through proxies; all participation occurred via VC.

The attendance breakdown was as follows:

Resolutions Passed

Shareholders deliberated on four agenda items, all passed as ordinary resolutions:

1. Adoption of Financial Statements: Approval of standalone and consolidated financial statements for the year ended March 31, 2026, including audited balance sheets, profit and loss accounts, cash flow statements, and reports of the Board and Auditors.
2. Director Re-appointment: Appointment of Mr. Brijgopal Balaram Bang (DIN: 00112203) as Director in place of himself, who retired by rotation but sought re-appointment.
3. Related Party Transaction: Approval of a material related party transaction with Thomas Scott (India) Limited.
4. Wholly Owned Subsidiary Transaction: Approval of a material related party transaction between Vedanta Creations Limited (a wholly owned subsidiary) and Thomas Scott (India) Limited.

Voting and Scrutiny

Remote e-voting commenced on September 25, 2026, at 9:00 am and concluded on September 28, 2026, at 5:00 pm. Members present online who had not voted remotely were given a 15-minute window to cast their votes during the meeting. Ms. Sonam Jain, Practicing Company Secretary, served as the Scrutinizer. The detailed voting results are to be declared within two working days from the conclusion of the meeting.

Bang Overseas Limited has confirmed the dispatch of its 34th Annual General Meeting (AGM) notice to shareholders. The meeting is scheduled for Tuesday, September 29, 2026, at 11:30 am via video conferencing or other audio-visual means.

The company published a disclosure under Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on September 6, 2026. This follows the filing of its annual report for FY26 on September 5, 2026, signed by Managing Director Brijgopal Bang.

E-Voting and Book Closure Details

Shareholders holding shares as on the cut-off date of Tuesday, September 22, 2026, are eligible to vote. The remote e-voting facility will be active from Friday, September 25, 2026, at 9:00 am until Monday, September 28, 2026, at 5:00 pm.

The Register of Members and Share Transfer Books will remain closed from Wednesday, September 23, 2026, to Tuesday, September 29, 2026. Voting results will be announced within 48 hours of the AGM conclusion.

Members who have cast their votes via remote e-voting may attend the meeting but cannot vote again. Those who have not voted remotely can vote during the AGM. Technical queries regarding e-voting can be directed to NSDL at evoting@nsdl.co.in .

AGM Agenda and Related-Party Transactions

The AGM agenda includes ordinary business items such as adopting standalone and consolidated financial statements for FY26 and re-appointing Mr. Brijgopal Bang (DIN: 00112203) as a Director.

A key special business item involves approving related-party transactions with Thomas Scott (India) Limited (TSIL), an enterprise influenced by key managerial personnel. The aggregate value of these transactions is ₹300 crore for the financial year.

These transactions represent approximately 89.31% of Bang Overseas’s annual consolidated turnover for the preceding financial year. The Audit Committee approved these deals on August 14, 2026, stating they are at arm’s length and in the ordinary course of business.

Annual Report Filing

Pursuant to Regulation 34(1) of the SEBI LODR Regulations, 2015, the annual report and AGM notice are available on the company’s investor relations website and the NSDL e-voting portal. Electronic copies were sent to shareholders with registered email addresses. Omkar Jadhav, Company Secretary and Compliance Officer, signed the disclosure documents.