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.

Bengal & Assam reported a divergence in its first-quarter financial results, with top-line growth failing to translate into bottom-line expansion. The company’s revenue rose to ₹6.3 billion in Q1, up from ₹5.7 billion in the corresponding period last year. Despite this increase in sales, consolidated net profit contracted to ₹2 billion, down from ₹2.6 billion recorded previously.

The decline in profitability despite higher revenue suggests margin compression or increased operational costs during the quarter. No specific breakdown of expenses or other income items was provided in the source data to isolate the primary driver of this variance.

Financial Highlights

What the Numbers Show

The data reveals a clear decoupling between revenue generation and profit retention. While Bengal & Assam managed to grow its turnover by approximately 10%, net profit fell by roughly 23%. This indicates that for every additional rupee earned in revenue, the cost structure or tax burden increased disproportionately, eroding overall profitability. Without further detail on operating expenses or one-off items, the exact cause of this margin erosion remains opaque, but the directional signal is negative for earnings quality.