Lyons Corporate Market Ltd shareholders adopted the audited financial statements for the fiscal year ended March 31, 2026, during the company's 33rd Annual General Meeting (AGM) held on September 29, 2026. The meeting also approved the re-appointment of key leadership figures, including Managing Director Suvabrata De and Independent Director Raj Kumar Jaluka.

The AGM was conducted via video conferencing and other audio-visual means, commencing at 11:00 am and concluding at 11:15 am in Kolkata. The proceedings were chaired by Suvabrata De, who serves as both Managing Director and Chief Financial Officer of the company. Remote e-voting facilities were available to members from September 26, 2026, at 9:00 am until September 28, 2026, at 5:00 pm.

Key resolutions passed

Shareholders deliberated on several items of business categorized under ordinary and special business. The following resolutions were put forth for approval:

• Adoption of Financials: Consideration and adoption of the audited accounts for FY26, along with the Auditors' Report and Directors' Report.
• Director Re-appointment: Re-appointment of Suvabrata De as a Director retiring by rotation.
• Independent Director Term: Re-appointment of Raj Kumar Jaluka as an Independent Director for a second term of five consecutive years, effective September 30, 2026, through September 29, 2031.
• Managing Director Term: Re-appointment of Suvabrata De as Managing Director for another five-year term, effective September 1, 2027.

Voting and compliance details

The company adhered to the provisions of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Voting was facilitated through remote e-voting and venue voting for those present at the meeting. Babu Lal Patni, a practicing company secretary, served as the scrutinizer for the voting process.

No queries were raised by members during the meeting. The results of the e-voting and venue voting are scheduled to be declared following the receipt of the scrutinizer's report. These results will be published on the company's website and communicated to the Calcutta Stock Exchange and Bombay Stock Exchange. All resolutions, if passed with the requisite majority, are deemed to have been passed on the date of the AGM, September 29, 2026.

Lyons Corporate Market has scheduled its 33rd Annual General Meeting for September 29, 2026. The meeting will convene via video conferencing and other audio-visual means at 11:00 am.

Shareholders will consider ordinary business, including the adoption of audited financial statements for FY26. The agenda also includes the reappointment of Managing Director Suvabrata De, who retires by rotation.

Special Resolutions

The Board seeks approval for two special resolutions regarding director appointments:

• Reappointment of Raj Kumar Jaluka as an Independent Director for a second term of five years, from September 30, 2026, to September 29, 2031.
• Reappointment of Suvabrata De as Managing Director for a five-year term commencing September 1, 2027.

Mr. Jaluka currently serves as Chairperson of the Audit Committee and Nomination & Remuneration Committee. He holds a B.Com (Hons.) degree and brings over 40 years of work experience.

Remuneration Details

The proposed remuneration structure for Mr. De includes a monthly salary of ₹65,000. Perquisites are capped at an amount equal to the annual salary. This includes a bonus equivalent to one month’s salary and leave travel concession.

Voting and Logistics

Remote e-voting will be available from September 26, 2026, at 9:00 am to September 28, 2026, at 5:00 pm. Central Depository Services (India) Limited facilitates the e-voting process. The register of members remains closed from September 23 to September 29, 2026.

Only members on record as of September 22, 2026, are eligible to attend and vote. The facility allows up to 1,000 members to join via VC/OAVM on a first-come, first-served basis, excluding large shareholders and promoters.