SBC Exports Limited concluded its 15th Annual General Meeting on September 30, 2026, in Mirzapur, Uttar Pradesh. The meeting saw the adoption of audited standalone and consolidated financial statements for the fiscal year ending March 31, 2026.

The proceedings, which commenced at 10:00 am and ended at 10:30 am, were chaired by Govindji Gupta, Chairperson and Managing Director. Statutory auditor M/s STRG & Associates attended the session. The company facilitated remote e-voting from September 27 to September 29, 2026, alongside poll voting for attendees present at the venue.

Key resolutions passed

Members approved several items of ordinary and special business through poll voting. The agenda included the adoption of financial reports and specific operational approvals for the upcoming fiscal year.

Voting and compliance details

The company adhered to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by providing electronic voting facilities. Mr. Asim Kumar Mandal, Proprietor of M/s Kumar Mandal & Associates, served as the scrutinizer to ensure an orderly conduct of the poll voting process. The results of the e-voting are scheduled to be disclosed on the company’s website and stock exchange platforms within two working days of the meeting's conclusion.

SBC Exports Limited will hold its 15th Annual General Meeting on Wednesday, September 30, 2026, at 10:00 am at its registered office in Mirzapur, Uttar Pradesh.

The meeting agenda includes adoption of audited financial statements for FY26, approval of cost auditor remuneration for FY27, and member consent for material related party transactions with two group entities spanning five financial years.

Key agenda items

The AGM will transact the following businesses:

• Adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026
• Approval of remuneration payable to cost auditors M/s. Durga Parsad and Associates (Firm Registration Number: 005998) for FY27, at a fee of ₹60,000
• Approval of related party transactions with Korporate Bizmax Limited for purchase of packaging material
• Approval of related party transactions with SBC Infotech Limited for purchase and/or supply of services

Related party transactions proposed for member approval

The company is seeking member consent for two material related party transactions, both reviewed and recommended by the Audit Committee on August 27, 2026. The table below summarises the key terms:

Korporate Bizmax Limited transaction

SBC Exports proposes to purchase packaging material from Korporate Bizmax Limited at a maximum value of up to ₹200 crore in each financial year, aggregating to a maximum of ₹1,000 crore over FY27 to FY31. As on June 30, 2026, the company had already undertaken transactions with Korporate Bizmax Limited amounting to ₹21.50 crore during FY27, which will form part of the ₹200 crore annual ceiling. The proposed maximum transaction value of ₹200 crore represents approximately 48.08% of the company's annual consolidated turnover of ₹416 crore, as per the latest audited consolidated financial statements.

The year-wise transaction ceiling for the Korporate Bizmax arrangement is as follows:

Mr. Govind Ji Gupta and Ms. Deepika Gupta have shareholding interests in SBC Finmart Limited and, through their respective shareholding interests therein, have an indirect interest in the related party structure involving Korporate Bizmax Limited. This interest has been disclosed to the Audit Committee, the Board of Directors, and the members.

SBC Infotech Limited transaction

SBC Exports also proposes to enter into and/or continue related party transactions with SBC Infotech Limited for the purchase and/or supply of services, at a maximum value of up to ₹100 crore in each financial year, aggregating to a maximum of ₹500 crore over the five financial years from FY27 to FY31. Mr. Govind Ji Gupta and Ms. Deepika Gupta have shareholding interest in SBC Infotech Limited and, by virtue of such interest, are concerned or interested in these transactions.

E-voting and record date details

Members whose names appear in the register of members as on the record date of September 23, 2026 will be eligible to cast their votes. The remote e-voting window opens on September 27, 2026 at 9:00 am and closes on September 29, 2026 at 5:00 pm. The register of members and share transfer books will remain closed from September 24, 2026 to September 30, 2026 (both days inclusive). E-voting is facilitated through Bigshare's i-Vote platform, accessible via CDSL, NSDL, and depository participants.