Shri Bajrang Alliance Limited has intimated the publication of the notice for its 36th Annual General Meeting (AGM) in English and Hindi edition newspapers. The company confirmed the disclosure in a communication to BSE Limited dated August 19, 2026.

Meeting Details

The 36th AGM is scheduled to be held on Thursday, September 10, 2026, at 4:00 pm. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) as per regulatory requirements. The business to be transacted is set out in the notice convening the AGM, which was dated August 17, 2026.

E-Voting Process

In compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Amendment Rule, 2015, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company is providing remote e-voting facilities.

Members holding shares as on the cut-off date of August 3, 2026, are entitled to vote. Those who have not cast their votes remotely can do so electronically during the meeting. Members who have already voted remotely may attend the meeting but cannot vote again.

Regulatory Compliance

The notice of the AGM and the Annual Report for FY25-26 are available on the company’s website, the BSE Limited website, and the MUFG Intime India Pvt. Ltd. portal. The documents were also circulated via email on August 17, 2026. Anshu Dubey, Company Secretary and Compliance Officer, signed the intimation.

Shri Bajrang Alliance Limited has scheduled its 36th Annual General Meeting (AGM) for September 10, 2026, at 4:00 pm via video conferencing. The meeting aims to transact ordinary business, including the adoption of financial statements for FY26, and special business items concerning related party transactions, cost auditor ratification, and director appointments.

Financial Performance Overview

The company reported a significant divergence between standalone and consolidated profitability metrics for FY26. On a standalone basis, total turnover stood at ₹28,741.66 lakh, a decline from ₹40,382.76 lakh in the previous year. Standalone profit after tax (PAT) rose to ₹1,457.37 lakh from ₹464.45 lakh in FY25.

However, the consolidated picture reflects a stronger bottom line driven by equity accounting. Consolidated revenue was ₹27,570.77 lakh, down from ₹40,121.32 lakh in FY25. Despite lower revenues, consolidated PAT increased to ₹4,426.63 lakh compared to ₹3,259.78 lakh in the prior year. This improvement was largely supported by a share of profit from associates amounting to ₹4,140.15 lakh, up from ₹3,056.76 lakh in FY25.

What the Numbers Show

The consolidated PAT of ₹4,426.63 lakh significantly exceeds the standalone PAT of ₹1,457.37 lakh. This indicates that approximately 93% of the group’s reported profit after tax is derived from the share of profits in associate entities rather than core standalone operations. While standalone EBITDA improved to ₹2,029.68 lakh from ₹959.72 lakh, the heavy reliance on associate performance highlights the strategic importance of these linked entities to the group's overall profitability narrative.

Related Party Transactions

The AGM seeks shareholder approval for material related party transactions under Regulation 23(4) of the SEBI Listing Regulations. The board proposes entering into contracts with two key promoter-group entities:

• Shri Bajrang Power and Ispat Limited: Transactions involving the purchase of steel billets and furnace oil, and the sale of billets, ready-to-eat frozen foods, and structural steel, capped at an aggregate value of ₹500 crore for the year commencing April 1, 2026.
• Shri Bajrang Chemical Distillery LLP: Supply of materials capped at an aggregate value of ₹50 crore for the same period.

Both sets of transactions are proposed on an arm’s length basis in the ordinary course of business. Directors Mr. Anand Goel and Mr. Archit Goel have declared their interest in these resolutions due to their roles in both entities.

Cost Auditor Ratification

Shareholders will also vote to ratify the remuneration of M/s. Sanat Joshi & Associates, Cost Accountants (FRN No.: 000506), as the Cost Auditors for the financial year 2026-27. The approved fees are ₹50,000 plus out-of-pocket expenses and taxes as applicable. None of the directors or key managerial personnel are interested in this resolution.

Board Appointments

The meeting will address board composition changes:

• Reappointment of Independent Director: Mr. Anshul Dave is eligible for reappointment as an Independent Director for a second term of five years, commencing August 13, 2026, and ending August 12, 2031. He currently serves as Chairman of the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees.
• Rotation Retirement: Mr. John Cherian, Non-Executive Non-Independent Director, retires by rotation and offers himself for reappointment.

The company did not recommend any dividend for FY26 to conserve resources. The register of members will remain closed from September 4, 2026, to September 10, 2026. Remote e-voting will commence on September 7, 2026, at 9:00 am and end on September 9, 2026, at 5:00 pm.