Goa Carbon has resumed operations at its Paradeep unit located in Udayabata, Paradeepgarh, Jagatsinghpur district, Odisha. The company informed the exchanges that the kiln has been lit up, and preliminary heat-up has commenced. Following the commencement of raw material feeding, normal production is scheduled to begin on June 16, 2026.

The development comes as a follow-up to the company's previous communication dated March 22, 2026. The resumption marks the end of the operational pause at the facility. The Paradeep unit is one of the key manufacturing facilities for the company.

Operational Details

The restart process involves heating up the kiln and beginning the feeding of raw materials. The company has confirmed that these preliminary steps are underway. Once completed, the unit will transition to normal production levels starting June 16, 2026.

The confirmation was submitted to BSE Ltd. and National Stock Exchange of India Ltd. on June 15, 2026. The filing was signed by Pravin Satardekar, Company Secretary of Goa Carbon.

Goa Carbon Limited has secured shareholder approval to borrow funds from its directors and promoters to meet additional working capital requirements. The resolution was passed through a postal ballot process conducted via remote e-voting, which concluded on June 5, 2026, with the requisite majority.

The postal ballot notice was issued on April 27, 2026, seeking consent for the approval and amendment of material related party transactions. The e-voting process commenced on May 6, 2026, and remained open until June 5, 2026. A total of 30,948 shareholders were eligible to vote as on the record date of April 24, 2026.

According to the Scrutinizer's Report, the resolution received strong support from public shareholders. Public non-institutional shareholders cast 23,249 votes in favour and 45 against, while public institutions cast 23 votes in favour. Promoters and the promoter group did not participate in the voting process.

Voting Results Summary

The resolution was declared passed with 99.81% of the valid votes cast in favour. The Scrutinizer, Shivaram Bhat, Practicing Company Secretary, confirmed the results following the verification of votes against the Register of Members as on the cut-off date. The detailed voting results and the Scrutinizer's Report are available on the company's website.