Bengal & Assam Company Limited held its 79th Annual General Meeting on September 8, 2026, where shareholders approved a final dividend of ₹50 per equity share of face value ₹10 each for FY26. This represents a payout ratio of 500%.

The meeting was conducted via Video Conferencing and chaired by Director Dr. Raghupati Singhania. The Company Secretary confirmed that the requisite quorum was present to validate the proceedings under the Articles of Association.

Key Resolutions Passed

Shareholders approved several ordinary and special resolutions during the AGM. The key outcomes included:

• Adoption of audited Standalone and Consolidated Financial Statements for FY26.
• Declaration of the 500% dividend for the financial year ended March 31, 2026.
• Appointment of M/s. Ronak Jhuthawat and Co. as Secretarial Auditor for five years, from FY27 to FY31.
• Reappointment of Smt. Vinita Singhania as a Non-Executive Director liable to retire by rotation.
• Reappointment of Shri Upendra Kumar Gupta as Chief Executive Officer and Chief Financial Officer for three years, effective July 1, 2026.

Governance and Compliance

The Statutory Auditors, M/s. V. Singhi & Associates, and the Secretarial Auditor, M/s. Ronak Jhuthawat & Co., were present via VC. The Chairman informed members that there were no qualifications in either the Auditor's Report or the Secretarial Audit Report.

Remote e-voting was open from September 4, 2026, at 10:00 am to September 7, 2026, at 5:00 pm. Voting continued during the meeting until 15 minutes after its conclusion at 3:42 pm. The scrutinizer is expected to submit the consolidated report by September 10, 2026.

Shareholder Instructions

The Company Secretary urged physical shareholders to dematerialize their holdings and update KYC details. Dividends will be paid electronically only to KYC-compliant folios. Service requests for non-compliant physical shares will not be entertained.

Bengal & Assam Company Limited bengal & assam company limited has finalised the schedule for its 79th Annual General Meeting (AGM), confirming that the remote e-voting facility will be available from September 4 to September 7, 2026. The company notified the Bombay Stock Exchange on August 18, 2026, detailing the e-voting timeline and reaffirming the record date for the proposed dividend.

The remote e-voting period commences on Friday, September 4, 2026, at 10:00 am and concludes on Monday, September 7, 2026, at 5:00 pm. The cut-off date for determining shareholder eligibility to vote via remote e-voting or at the AGM is Tuesday, September 1, 2026. Only members whose names appear in the Register of Members or the Register of Beneficial Owners maintained by depositories as of this cut-off date are entitled to cast their votes.

The 79th AGM will be held on Tuesday, September 8, 2026, at 3:00 pm Indian Standard Time, through Video Conferencing (VC) or Other Audio Visual Means (OAVM). Members participating via VC/OAVM will be reckoned for quorum purposes under Section 103 of the Companies Act, 2013. Shareholders who have already cast their votes through remote e-voting may attend the meeting but will not be entitled to vote again.

The Board of Directors has recommended a dividend of ₹50 per equity share of face value ₹10 each for the financial year ended March 31, 2026. This payout is subject to approval by members at the AGM. The Register of Members and Share Transfer Books will remain closed from September 1 to September 8, 2026, to determine dividend entitlements and AGM eligibility.

Key Dates and Details

Electronic copies of the AGM notice and the Annual Report for FY25-26 are available on the company’s website, BSE India, and the Central Depository Services (India) Ltd (CDSL) e-voting portal. Shareholders are advised to update their PAN and KYC details with their Depository Participants or Registrar and Share Transfer Agent to ensure smooth processing of dividends and voting rights.