Foundry Fuel Products will hold its 62nd Annual General Meeting on September 30, 2026. The meeting will be conducted via video conferencing to adopt the financial statements for the year ended March 31, 2026.

The agenda includes ordinary and special business items for shareholder approval.

Key Agenda Items

Shareholders will consider the following resolutions:

• Adoption of Financial Statements: Approval of the audited balance sheet, profit and loss account, and cash flow statement for FY26. The company reported a net loss of ₹25.76 lakh for the year, compared to a loss of ₹24.69 lakh in the previous year.
• Director Re-appointment: Re-appointment of Mr. Pushkar Laxmichand Galav, who retires by rotation and is eligible for re-election.
• Independent Director Appointment: Appointment of Mrs. Sneha Parth Sharma as an Independent Director for a five-year term from February 12, 2026, to February 11, 2031.

Meeting Logistics

The meeting is scheduled for 3:30 pm on Wednesday, September 30, 2026. In compliance with Ministry of Corporate Affairs and SEBI circulars, the event will be held through Video Conferencing or Other Audio Visual Means without physical presence.

The deemed venue is the company’s registered office in Kolkata. Shareholders holding shares as of the cut-off date, September 23, 2026, are eligible to vote. Remote e-voting will be available from September 27 to September 29, 2026. The register of members and share transfer books will remain closed from September 24 to September 30, 2026.

Financial Performance

The company has not recorded any revenue since operations were closed in 2010 due to working capital shortages. The increase in net loss was driven by higher finance costs, which rose to ₹8.89 lakh from ₹7.62 lakh in the prior year. Interest payable to the holding company, Castron Mining Limited, increased to ₹35.45 lakh from ₹27.63 lakh.

What the Numbers Show

Foundry Fuel Products remains entirely dependent on its holding company for liquidity. Borrowings from Castron Mining Limited increased by 16% to ₹123.32 lakh in FY26. With no operational revenue and fully depreciated fixed assets, the company’s negative equity widened to ₹150.03 lakh, underscoring its reliance on external fund infusion to maintain going concern status.

Foundry Fuel Products has revised the cut-off date for e-voting at its Annual General Meeting (AGM) for FY26. The new date determines shareholder eligibility for the meeting scheduled for September 30, 2026.

The company notified the Bombay Stock Exchange on August 25, 2026. This update supersedes an earlier intimation issued on August 13, 2026.

Revised Schedule

The revised cut-off date applies to equity shares. Shareholders must hold the stock on this date to participate in e-voting for the AGM.

Regulatory Compliance

The disclosure is made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All other terms and conditions from the earlier intimation remain unchanged.

Nikesh Oswal, Director, signed the intimation.