Bharat Coking Coal Limited has uploaded the video recording of its 55th Annual General Meeting (AGM) to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The filing, dated August 11, 2026, ensures transparency and compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM was held on August 7, 2026, via Video Conferencing/Other Audio Visual Means (VC/OAVM).

AGM Recording and Compliance

The company submitted the recording link as Annexure-A in its communication to the Listing Departments of both exchanges. This action fulfills the regulatory requirement for public availability of AGM proceedings for listed entities. The meeting commenced at 10:00 AM and concluded at 12:19 PM on August 7, 2026.

Key Resolutions Passed

During the AGM, shareholders approved seven proposals covering ordinary and special business items. These included the adoption of standalone audited financial statements for the fiscal year ended March 31, 2026, and the re-appointment of directors retiring by rotation.

• Financial Adoption: Standalone Audited Financial Statements for FY2026 were adopted.
• Director Appointments: Re-appointment of Murlikrishna Ramaiah (Director, HR) and Sanoj Kumar Jha (Part Time Official Director) was approved.
• Auditor Ratification: Cost Auditors' remuneration of ₹17,60,000 for FY2026 was ratified.
• New Appointments: Rajesh Kumar and Rajeev Kumar Sinha were appointed as Directors effective February 10, 2026, and May 1, 2026, respectively.
• Secretarial Audit: M/s Mahata Agarwal & Associates was appointed as Secretarial Auditor for five years.

Financial Context

The AGM coincided with the disclosure of financial results for FY2026, which showed a significant decline in profitability. Profit After Tax (PAT) dropped to ₹128.28 crore from ₹1,240.19 crore in the previous year. Management attributed this decline to lower production and offtake, increased operational costs, difficult geological conditions, and unprecedented rainfall affecting underground mines.

Despite the financial headwinds, the company reported progress in strategic areas such as the implementation of Longwall mining technology and the monetisation of the Dugda Coal Washery under the National Monetisation Pipeline.

Bharat Coking Coal Limited reported a 3.4% year-on-year increase in raw coal production for July 2026, reaching 2.45 million tonnes. Despite this monthly gain, the company’s progressive output from April to July 2026 declined significantly by 21.1% to 9.00 million tonnes compared to 11.41 million tonnes in the same period last year. The divergence highlights operational challenges in the early part of the financial year, particularly in opencast mining, which drives the majority of the company’s volume.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on August 1, 2026. Debanuj Debnath, Company Secretary and Compliance Officer, submitted the provisional monthly production performance to the Bombay Stock Exchange and the National Stock Exchange of India. The filing provides a comparative view against the previous fiscal year, offering investors insight into the company’s recovery trajectory following earlier production shortfalls.

Raw Coal Production: Monthly Gains, Progressive Decline

For July 2026, total raw coal production stood at 2.45 million tonnes, registering a 3.4% growth compared to 2.37 million tonnes in July of the previous year. However, on a progressive basis covering April to July 2026, raw coal production totalled 9.00 million tonnes, a significant 21.1% decline from 11.41 million tonnes recorded in the same period last year.

The following table summarises the complete provisional production performance:

Coal Type and Mine-wise Breakdown

Breaking down production by coal type, coking coal output for July 2026 was 2.37 million tonnes, up 4.6% from 2.26 million tonnes in July of the previous year. Non coking coal production, however, declined 22.1% YoY to 0.08 million tonnes in July 2026, compared to 0.10 million tonnes in the same month last year. On a progressive basis, coking coal production fell 21.2% to 8.57 million tonnes from 10.88 million tonnes, while non coking coal declined 19.4% to 0.43 million tonnes from 0.53 million tonnes.

By mine type, opencast mines contributed the bulk of production at 2.40 million tonnes in July 2026, a 3.3% increase over 2.33 million tonnes in the prior year period. Underground mines produced 0.05 million tonnes in July 2026, up 12.5% from 0.04 million tonnes. On a progressive basis, opencast mine output fell 21.5% to 8.79 million tonnes from 11.21 million tonnes, while underground mine production grew 4.5% to 0.21 million tonnes from 0.20 million tonnes.

Washed Coking Coal and Overburden Removal

Production of washed coking coal recorded the strongest monthly growth, rising 37.2% YoY to 0.14 million tonnes in July 2026 from 0.10 million tonnes in the same month last year. On a progressive basis, washed coking coal output grew 9.0% to 0.56 million tonnes from 0.52 million tonnes. Overburden removal for July 2026 stood at 10.46 million CuM, a 3.1% increase over 10.15 million CuM in the prior year period, though the progressive figure of 43.41 million CuM reflects a 27.2% decline from 59.59 million CuM.

Raw Coal Offtake

Raw coal offtake for July 2026 was 2.83 million tonnes, marking a 10.9% increase compared to 2.55 million tonnes in July of the previous year. On a progressive basis, offtake for April to July 2026 was 10.58 million tonnes, down 8.2% from 11.53 million tonnes in the corresponding period of the previous year.