Barak Valley Cements Limited has successfully concluded its postal ballot process on February 07, 2026, with shareholders overwhelmingly approving the proposal to increase the company's authorized share capital. The resolution was passed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marking a significant corporate milestone for the cement manufacturer.

Postal Ballot Results and Voting Overview

The company conducted the postal ballot in accordance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting process was conducted entirely through remote e-voting, with the facility provided by National Securities Depository Limited (NSDL).

Resolution Details and Voting Breakdown

The ordinary resolution pertained to increasing the authorized share capital from ₹25,00,00,000 (Rupees Twenty-Five Crores) divided into 2,50,00,000 equity shares to ₹60,00,00,000 (Rupees Sixty Crores) divided into 6,00,00,000 equity shares of face value ₹10 each. This involves creation of additional 3,50,00,000 equity shares and consequent alteration to the capital clause of the Memorandum of Association.

Scrutinizer Appointment and Process Timeline

Mr. Balwan Jain, Proprietor of M/s. Balwan Jain & Co., Chartered Accountants, served as the scrutinizer for the postal ballot process. The scrutinizer was appointed by the Board of Directors and submitted the final report on February 09, 2026, which was countersigned by Mr. Kamakhya Chamaria, Managing Director of the Company.

Regulatory Compliance and Documentation

The postal ballot notice was dispatched on January 07, 2026, to all eligible shareholders as per the record date of January 02, 2026. The company published newspaper advertisements in "Financial Express" (English) and "Dainandin Barta" (Assamese) on January 07, 2026, ensuring proper disclosure and transparency throughout the process. The proceedings were conducted in compliance with Section 108 and 110 of the Companies Act, 2013, and various MCA circulars issued for conducting postal ballot processes through e-voting.

Corporate Impact and Strategic Implications

The approval of this resolution enables Barak Valley Cements Limited to proceed with increasing its authorized share capital, providing the company with enhanced financial flexibility for future business operations and growth initiatives. The overwhelming shareholder support of 99.997% reflects strong confidence in the company's strategic direction and management decisions. The resolution was deemed to have been passed on February 07, 2026, being the last date of remote e-voting, and the results were formally declared by the Managing Director on February 10, 2026.

Barak Valley Cements Limited has announced a board meeting scheduled for February 09, 2026, to review and approve its third quarter financial performance for FY26. The meeting represents a key milestone in the company's quarterly reporting cycle as it prepares to disclose its financial results for the period ended December 31, 2025.

Board Meeting Details

The Board of Directors meeting has been scheduled with specific timing and location parameters to ensure proper governance protocols are followed.

Financial Results Scope

The board will deliberate on comprehensive financial statements covering both standalone and consolidated performance metrics. The unaudited financial results will encompass the third quarter and year ended December 31, 2025, providing stakeholders with insights into the company's operational and financial performance during this period.

Trading Window Restrictions

In compliance with SEBI regulations and the company's internal code of conduct, Barak Valley Cements has implemented trading restrictions to maintain market integrity. The trading window closure affects multiple categories of individuals with access to material information.

Regulatory Compliance

The announcement fulfills the company's obligations under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This advance intimation ensures that both BSE Limited and National Stock Exchange of India Limited receive proper notification of the board meeting agenda, maintaining transparency in corporate governance practices.

The company has communicated this information to both major stock exchanges where its shares are listed, ensuring comprehensive market notification. This proactive approach demonstrates Barak Valley Cements' commitment to regulatory compliance and transparent communication with stakeholders and market participants.