Goa Carbon resumes operations at Bilaspur unit after shutdown

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Goa Carbon Limited resumed operations at its Bilaspur Unit on October 3, 2026
  • The kiln was lit up on the same day, ending a shutdown period
  • Normal production is expected to resume shortly after raw material feeding begins
  • The unit had been shut down since June 2025
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Goa Carbon Limited resumed operations at its Bilaspur Unit in Chhattisgarh on October 3, 2026. The company confirmed that the kiln was lit up on the same day, marking the end of a shutdown period that began following an intimation dated June 23, 2025.

The unit, located at the Sirgitti Industrial Area in Bilaspur, had been non-operational since mid-2025. The resumption of activity is a critical step for the company’s production capacity in the region.

Operational status update

The company stated that after preliminary heat-up and the commencement of feeding raw material, normal production shall resume shortly. This development follows a formal notification to both the BSE and National Stock Exchange of India regarding the restart of the facility.

Key details

  • Date of Resumption: October 3, 2026
  • Location: Bilaspur Unit, Chhattisgarh
  • Status: Kiln lit up; normal production imminent
  • Prior Intimation Date: June 23, 2025

Historical Stock Returns for Goa Carbon

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%+0.14%+11.34%+46.30%-7.92%+10.93%

How will the resumption of production at the Bilaspur unit impact Goa Carbon's quarterly revenue projections for FY27?

What specific regulatory or environmental compliance issues necessitated the 16-month shutdown that began in June 2025?

Will the restart of the Bilaspur kiln alter Goa Carbon's current market share in the Chhattisgarh industrial carbon black sector?

Goa Carbon concludes 58th AGM, reappoints Shrinivas Dempo

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Goa Carbon shareholders approved FY26 audited financial statements and reappointed Shrinivas Dempo as director
  • Promoter group voted 100% in favor of all three resolutions at the virtual AGM
  • Public non-institutional participation saw 99.9% support for director reappointment
  • Cost auditor remuneration for FY27 was ratified by members
  • Scrutinizer report confirmed no invalid votes were cast during the process
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Goa Carbon Limited shareholders approved the adoption of audited financial statements for FY26 and the reappointment of Mr. Shrinivas Dempo as Director at its 58th Annual General Meeting held on September 9, 2026.

The meeting concluded at 3:52 pm via video conferencing after transacting all agenda items. The Board also secured ratification for cost auditor remuneration for the upcoming fiscal year.

Key Resolutions Passed

The meeting addressed three primary items of business under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015. All resolutions were passed with member consent.

Item No. Agenda Details Status
1 Adoption of Audited Financial Statements, Directors’ Report & Auditors’ Report for FY26 Passed
2 Re-appointment of Mr. Shrinivas Dempo as Director (retiring by rotation) Passed
3 Ratification of remuneration to M/s. Joshi Apte and Associates for FY27 Passed

Mr. Shrinivas V. Dempo, Chairman, chaired the proceedings. Due to his interest in his own reappointment, he entrusted the conduct of that specific item to Mr. Subodh Nadkarni, a non-interested Director, before resuming the chair.

Voting Results and Participation

The company reported a total of 30,014 shareholders on the cut-off date of September 2, 2026. Participation was primarily driven by the promoter group, which holds 5,464,989 shares and voted in favor of all resolutions via e-voting.

Public non-institutional shareholders participated with 1,349 votes polled out of 3,683,811 shares held. Public institutions did not cast any votes.

Resolution Votes In Favour Votes Against % In Favour (of polled)
Adoption of Financials 5,466,337 1 100.00%
Re-appointment of S. Dempo 5,466,321 17 99.9997%
Cost Auditor Ratification 5,466,321 17 99.9997%

Governance and Audit Highlights

The Company Secretary informed members that Statutory Auditors’ and Secretarial Audit Reports contained no qualifications or adverse remarks. Shivaram Bhat, Practicing Company Secretary, served as the scrutinizer for the remote e-voting process.

Independent Director Mr. Subhrakant Panda was unable to attend due to prior commitments. The requisite quorum was present, allowing the meeting to proceed in compliance with Ministry of Corporate Affairs and SEBI circulars regarding virtual meetings.

Historical Stock Returns for Goa Carbon

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%+0.14%+11.34%+46.30%-7.92%+10.93%

What specific strategic initiatives or capital expenditure plans did Goa Carbon outline in the FY26 Directors' Report to drive growth in the upcoming fiscal year?

How might the continued leadership of Mr. Shrinivas Dempo influence the company's operational strategy and market positioning in the carbon industry?

Given the low participation rate among public non-institutional shareholders, what measures is the company planning to enhance minority shareholder engagement and transparency?

More News on Goa Carbon

1 Year Returns:-7.92%