Basant Agro Tech (India) Ltd has scheduled its 36th Annual General Meeting for September 30, 2026. The meeting will be held at Krishi Sanjivani Office in Akola, Maharashtra, at 4:00 pm.

The company disclosed the notice under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015. Shareholders on record as of September 23, 2026, are eligible to vote. The remote e-voting period opens on September 27, 2026, at 11:00 am and closes on September 29, 2026, at 5:00 pm.

Agenda Highlights

The ordinary business includes receiving and adopting the audited financial statements for FY26. The board also proposes to declare a dividend on equity shares. Additionally, Mr. Rameshwar Kabra retires by rotation and offers himself for reappointment as a director.

Special business items focus on auditor appointments. The board seeks approval to reappoint M/s K.C Kankariya & Co., Mumbai, and M/s P.C Bhandari & Co., Akola, as statutory auditors for a second term of five years. This appointment aligns with Section 139 of the Companies Act 2013.

The meeting will also ratify the remuneration of Mr. Jayant Galande, Cost Accountant, for the cost audit of FY27. The approved remuneration is ₹75,000 plus applicable taxes and reimbursement of actual travel and out-of-pocket expenses.

Voting Process

National Securities Depository Limited (NSDL) will facilitate remote e-voting. Individual shareholders holding securities in demat mode can log in via their depository accounts. Physical shareholders must use their folio numbers and EVENs to access the voting portal.

Institutional shareholders must submit scanned copies of board resolutions authorizing representatives to vote. These documents should be emailed to the scrutinizer, Mr. Raghav Khatod, with a copy to NSDL. The scrutinizer will submit a consolidated report within 48 hours of the AGM conclusion.

Basant Agro Tech (India) Ltd has withdrawn its previously announced book closure for dividend purposes, replacing it with a specific record date of September 23, 2026. This procedural shift simplifies the eligibility process for shareholders, who will now be determined by their holding status on the record date rather than through a period of restricted trading. The change ensures that investors holding shares on September 23, 2026, will be entitled to receive any dividend declared at the ensuing Annual General Meeting (AGM), provided the resolution is approved by shareholders.

The company notified the Department of Corporate Services at The Bombay Stock Exchange Ltd on August 4, 2026, regarding this modification. The filing explicitly states that the earlier intimation relating to the closure of the Register of Members and Share Transfer Books from September 23 to September 30, 2026, is withdrawn for dividend purposes. That closure period remains valid only for determining voting eligibility at the AGM. This distinction clarifies that trading restrictions during that week will not apply to dividend entitlement, allowing for greater liquidity while maintaining clear ownership records for payout distribution.

Key Dates and Procedural Details

Implications for Shareholders

The withdrawal of the book closure for dividend purposes marks a shift towards using electronic record dates, which is increasingly common in Indian corporate governance. For shareholders, this means that selling shares after September 23, 2026, does not forfeit dividend rights if the shares were held on the record date. Conversely, buying shares before or on September 23, 2026, secures eligibility for the payout, subject to AGM approval. The actual disbursement of funds will occur only after the AGM concludes and the dividend resolution is passed. Investors should note that while the record date is fixed, the final dividend amount and payment timeline remain contingent on shareholder approval at the meeting.