Ludlow Jute & Specialities Limited has scheduled its 47th Annual General Meeting (AGM) for September 11, 2026, at 11:30 A.M. The decision was finalized by the Board of Directors during a meeting held on August 12, 2026. This procedural update is critical for shareholders as it establishes the timeline for exercising voting rights and receiving annual disclosures.

The company has mandated a book closure period to identify eligible members. The Register of Members and Share Transfer Books will remain closed from Saturday, September 5, 2026, to Friday, September 11, 2026, both days inclusive. Any share transfers received after the closure start date will not be reflected in the register until after the meeting concludes, potentially affecting dividend entitlements or voting participation if not processed in time.

Key Dates and Timelines

The notice was issued on August 12, 2026, by Neha Jain, Company Secretary, to the Secretary of BSE Limited. The company’s registered office is located at Kankaria Estate, 5th Floor, 6 Little Russell Street, Kolkata – 700 071, India. The communication serves as an official intimation under regulatory requirements for listed entities.

What the Numbers Show

While this filing is primarily procedural, the strict adherence to the book closure window highlights the importance of timely share transfer processing for retail investors. With the closure starting six days prior to the meeting, shareholders intending to trade their holdings before the AGM must ensure transactions are settled and registered before September 5, 2026. Failure to do so may result in exclusion from the membership register for the duration of the closure.

Ludlow Jute & Specialities Limited ludlow jute & specialities has appointed Awanti Kumar Kankaria as Chairman Emeritus, effective August 12, 2026. The Board of Directors approved the appointment at a meeting held on August 12, 2026, recognizing Kankaria’s expertise in the jute sector and his track record in reviving mills. This move strengthens the company’s leadership structure, leveraging Kankaria’s significant beneficial ownership and industry experience to guide strategic direction. The appointment requires final approval from shareholders at the ensuing Annual General Meeting.

The decision was communicated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board cited Kankaria’s valuable experience, guidance, and expertise in the jute sector as key reasons for the appointment. His term will continue until his resignation or cessation of office in accordance with the terms approved by the Board.

Appointment Details

Kankaria will receive a monthly remuneration of ₹12,00,000 (Rupees Twelve Lakhs Only) without any commission on the company’s profit. He is not related to any of the existing Directors or Key Managerial Personnel of Ludlow Jute & Specialities Limited.

Profile and Shareholding

Awanti Kumar Kankaria is an industrialist with over four decades of experience in managing and turning around jute mills. He is known for successfully reviving sick and closed jute mills into profitable enterprises. Currently, he serves as a Committee Member of the Indian Jute Mills Association (IJMA). Previously, he held the positions of Vice-Chairman of the Indian Jute Mills Association and Chairman of the Indian Jute and Industries Research Association (IJIRA). Beyond the jute sector, he has business interests in real estate and serves as a Trustee for various welfare trusts.

Kankaria is a significant beneficial owner of Ludlow Jute & Specialities Limited. While he does not hold equity shares directly, Panchjanya Distributors Private Limited holds 67.21% of the company’s equity share capital, with Kankaria being the significant beneficial owner of this stake. This substantial ownership aligns his interests with those of other shareholders, ensuring a focused approach towards the company’s long-term growth and stability in the jute industry.