The Phosphate Company phosphate company has scheduled its 77th Annual General Meeting for September 23, 2026. The meeting will address the adoption of financial results and a proposed final dividend.

Shareholders will consider a 20% final dividend, amounting to ₹2 per equity share of face value ₹10 each for FY26. The register of members will remain closed from September 17, 2026, to September 23, 2026, inclusive. The record date for determining eligibility is set at September 16, 2026.

Corporate Governance Actions

The agenda includes the re-appointment of Ajay Bangur as a director by rotation. Additionally, shareholders will approve the continuation of Gautam Bhattacharya as an independent director via a special resolution. This action ensures compliance with Regulation 25(2A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Both directors attended four board meetings in FY26. Bangur holds 44,194 shares in the company, while Bhattacharya has no shareholding.

Auditor Ratification

Members are asked to ratify the remuneration of M/s S. Gupta & Co., Cost & Management Accountants, as cost auditors for FY27. The approved fee is ₹17,500 plus applicable taxes and out-of-pocket expenses.

Voting and Meeting Logistics

The AGM will be conducted through video conferencing or other audio-visual means. Remote e-voting via NSDL opens on September 20, 2026, at 9:00 am and closes on September 22, 2026, at 5:00 pm. Proxy appointments are not permitted for this meeting, though body corporates may appoint authorized representatives.

The Phosphate Company disclosed an inter-se transfer of 1,44,000 shares between members of its promoter group on August 22, 2026. The transaction was reported to stock exchanges under Regulation 29(2) of the SEBI (SAST) Regulations, 2011.

The transfer involves Nikate Khaitan and Shrivats Khaitan, both part of the promoter group. Nikate Khaitan acquired the shares from Shrivats Khaitan in an off-market transaction. The company’s total equity share capital remains unchanged at ₹3,60,74,800.

Shareholding Changes

The restructuring alters individual holdings within the promoter circle while keeping the aggregate stake constant. The table below details the shift in shareholding before and after the transaction.

Other persons acting in concert (PAC), including Chandra kala Khaitan, Murlidhar Khaitan, Nikate Khaitan (HUF), and Shrimangala Khaitan, saw no change in their respective holdings.

What the Numbers Show

The total promoter group holding remains at 797,080 shares, representing 22.0952% of the total voting capital. The inter-se transfer consolidates a larger portion of this stake under Nikate Khaitan, increasing her individual holding by nearly 4 percentage points, while reducing Shrivats Khaitan’s stake by a similar margin. No new external parties entered or exited the promoter group.