Palash Securities Limited concluded its 12th Annual General Meeting (AGM) on August 5, 2026, with shareholders approving the company’s financial statements for FY26 and key governance appointments. The meeting, held via video conference and other audio-visual means, saw the passage of all ordinary resolutions, including the reappointment of Chairperson Shalini Nopany and the selection of M/s. Singhi & Co. as the new statutory auditors for a five-year term.

The proceedings were conducted in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and guidelines issued by the Ministry of Corporate Affairs. Ms. Shalini Nopany chaired the meeting, which commenced at 11:00 a.m. IST. Mr. Chetan Nathani from M/s. Agrawal Subodh & Co., the current statutory auditors, and Mr. Mohan Ram Goenka from M/s. M R & Associates, the secretarial auditor and scrutinizer, were present to address member queries.

Key Resolutions Passed

Shareholders transacted three items of ordinary business through remote e-voting and voting during the meeting. All resolutions were passed by requisite majority:

During the discussion on Item 2, Ms. Nopany stepped down from the chair in favor of Managing Director Mr. Suraj Kumar Agrawal due to her interest in the resolution. Once the item was addressed, she resumed the chair to continue the proceedings.

Governance and Compliance

The Company Secretary informed members that e-voting was available from August 1, 2026, at 9:00 a.m. IST until August 4, 2026, at 5:00 p.m. IST. An additional 15-minute voting window remained open after the formal conclusion of the meeting at 11:30 a.m. IST to allow participants who had not voted remotely to cast their ballots. Mr. Mohan Ram Goenka (FCS 4515, CP No 2551) served as the scrutinizer for the e-voting process.

Thirty-eight members attended the virtual meeting. The audited financial statements and auditor reports were taken as read, with no qualifications or comments noted in the Auditor’s Report. The consolidated voting results and the Scrutinizer’s Report are scheduled for publication on the company’s website, along with those of NSDL, NSE, and BSE, within two working days of the AGM’s conclusion.

Palash Securities Limited has fixed Wednesday, July 29, 2026, as the cut-off date to determine shareholder eligibility for e-voting at its 12th Annual General Meeting (AGM). The meeting is scheduled for Wednesday, August 5, 2026, at 11:00 a.m. IST via video conference. The Register of Members and Share Transfer Books will remain closed from Thursday, July 30, 2026, to Wednesday, August 05, 2026, for the purpose of the AGM.

The company issued letters to shareholders whose email addresses are not registered, providing a web-link to access the notice and the Annual Report for the Financial Year 2025-26. This action was taken in compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Annual Report is available on the company's website, www.birla-sugar.com .

Compliance and Shareholder Reminders

The communication serves as a reminder for shareholders to update KYC details and dematerialize physical securities. This follows the SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024, which mandates listed companies to record PAN, address, mobile number, bank account details, specimen signature, and nomination choice for security holders in physical mode.

Shareholders holding securities in physical mode without updated PAN, nomination, contact details, bank account details, and specimen signature will receive payments such as dividend, interest, or redemption only through electronic mode from April 1, 2024.

Key Meeting and Document Details

Formats for KYC updation (Forms ISR-1, ISR-2, ISR-3, SH-13, SH-14) and relevant SEBI circulars are available on the MUFG Intime website. Shareholder queries and service requests can be raised via the company's helpdesk portal or by phone.