Birla Corporation Limited has convened its 106th Annual General Meeting (AGM) on Saturday, August 1, 2026 at 10:30 a.m. (IST) at Gyan Manch, 11, Pretoria Street, Kolkata – 700071. The company has fixed Friday, July 24, 2026 as the record date to determine shareholder eligibility for a dividend of ₹12.50 per share — equivalent to 125% of the face value of ₹10 each — subject to shareholder approval at the AGM. Saturday, July 25, 2026 has been designated as the cut-off date for determining members eligible to vote on AGM resolutions. Remote e-Voting will be open from July 29, 2026 at 9:00 a.m. to July 31, 2026 at 5:00 p.m. (IST).

AGM and Voting Details

The AGM notice was issued pursuant to Regulations 30, 34, 51 and 53 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The ordinary business includes adoption of standalone and consolidated financial statements for FY 2025-26, declaration of the dividend, re-appointment of Shri Harsh V. Lodha (DIN: 00394094) as Director liable to retire by rotation, and ratification of remuneration of ₹5,00,000 payable to M/s. Shome & Banerjee, Cost Accountants, for FY 2026-27. The intimation was formally addressed to BSE Limited and the National Stock Exchange of India Ltd.

FY 2025-26 Financial Performance

Birla Corporation delivered a strong financial performance for FY 2025-26. Consolidated revenue from operations stood at ₹9,655.61 crore, representing a 4.94% increase over ₹9,214.49 crore in FY 2024-25. Total consolidated income was ₹9,772.56 crore. Consolidated net profit rose 89% to ₹557.58 crore from ₹295.22 crore in the previous year. EBITDA grew 19.49% to ₹1,571.39 crore versus ₹1,315.13 crore in FY 2024-25. The company's net worth stood at ₹7,364.70 crore, while net debt was reduced from ₹2,244 crore to ₹2,082 crore.

On a standalone basis, revenue from operations was ₹5,490.45 crore versus ₹5,211.68 crore in FY 2024-25, and standalone net profit was ₹249.75 crore compared to ₹129.25 crore in the previous year.

Cement Division Highlights

The cement division was the primary growth driver for the group. Consolidated cement sales by volume grew 3.52% year-on-year to 18.72 million tonnes (mt), with capacity utilisation rising to 95% from 91% in the previous year. Realization from cement sales remained under pressure at ₹4,869 per tonne, largely flat year-on-year. However, EBITDA per tonne for the cement division rose 15.08% to ₹786, and the division's EBITDA margin improved to 16.14%, up 211 basis points from the previous year. Sales of blended cement grew 11% by volume to account for 87.72% of total sales — among the highest in the industry — while premium products grew 18% year-on-year to contribute 61% of trade channel sales. The flagship brand Perfect Plus recorded volume growth of 21.81% year-on-year.

In March 2026, the company commissioned a new production line at its Kundanganj unit (RCCPL Private Limited) at an investment of approximately ₹300 crore, scaling up total consolidated production capacity to 21.40 mt from 20 mt. The company plans to further expand capacity to 27.60 mt by FY 2028-29 through three new grinding units and enhancement of the Maihar plant.

Jute Division and Other Operations

Birla Jute Mills reported a negative EBITDA (loss) of ₹2.99 crore for FY 2025-26, an improvement from a negative EBITDA of ₹6.13 crore in the previous year. The division faced headwinds from a sharp spike in raw jute prices from November 2025, though it reduced conversion costs by 8% year-on-year. Domestic sales grew 9.12% and exports grew 23.95% during the year. Production of jute goods rose to 35,931.06 MT from 31,414.04 MT in the previous year.

The company also won preferred bidder status for the Tadas Limestone Block-II in Rajasthan and two limestone blocks in Telangana (through subsidiary RCCPL Private Limited) during FY 2025-26. Vindhyachal Steel Foundry produced 150.20 tonnes of castings during the year.

Board and Corporate Governance

As on March 31, 2026, the Board comprised six directors, including Chairman Shri Harsh V. Lodha and Managing Director & CEO Shri Sandip Ghose (re-appointed for a further three years from January 1, 2026 to December 31, 2028). The company received the Golden Peacock Award for Excellence in Corporate Governance for 2025. CRISIL reaffirmed its 'A1+' rating for the company's Commercial Paper programme of ₹200 crore, while ICRA and CARE both reaffirmed 'AA (Stable)' ratings for its Non-Convertible Debentures.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE340A01012/58a27792aea34ee2.pdf

Birla Corporation has fixed Friday, July 24, 2026, as the record date to determine the entitlement of members for receiving a dividend of ₹2 per equity share for the financial year ended March 31, 2026. The dividend declaration is subject to the approval of the members at the upcoming Annual General Meeting (AGM). The company has scheduled its 106th AGM for Saturday, August 18, 2026, at 10.30 a.m. IST at Gyan Manch, 11, Pretoria Street, Kolkata.

The Notice of the AGM, along with the Annual Report for the financial year 2025-26, has been sent to members whose email addresses are registered with the company or its Registrar and Share Transfer Agent. In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, physical copies containing the web-link and QR code to access these documents have been dispatched to members and debenture holders whose email addresses are not registered. These documents are also available on the company's website and the websites of BSE Limited and National Stock Exchange of India Limited.

Remote E-Voting Details

Members have been provided the facility to cast their votes on all resolutions through remote e-voting, commencing on Wednesday, July 25, 2026, at 9.00 a.m. IST and ending on Friday, July 31, 2026, at 5.00 p.m. IST. The voting rights of members shall be proportional to the equity shares held by them as on the cut-off date of Friday, July 24, 2026. The company has engaged the services of Central Depository Services (India) Limited (CDSL) to facilitate the remote e-voting process.

Members who cast their votes via remote e-voting prior to the AGM may attend the meeting but will not be entitled to vote again. Only those members attending the AGM who have not cast their votes remotely will be eligible to vote via ballot or polling paper at the venue. For any queries related to e-voting, members may contact the designated representative at CDSL.

Key AGM and Voting Dates