Goa Carbon Limited , a prominent player in the carbon industry, has issued a postal ballot notice seeking shareholder approval for three significant resolutions. The company aims to strengthen its governance structure and enhance its financial flexibility through these proposals.

Key Resolutions

1. Re-appointment of Independent Director

   • Proposal to re-appoint Mr. Subodh Nadkarni as an Independent Director
   • Second term of five years from January 7, 2026, to January 6, 2031

2. Increase in Borrowing Powers

   • Proposal to raise borrowing limit from Rs. 500.00 crores to Rs. 750.00 crores
   • Supersedes previous resolution from July 2018

3. Authorization for Asset Charge Creation

   • Seeks approval to create charges on company assets
   • To secure borrowings up to Rs. 750.00 crores

Voting Process and Timeline

• Remote e-voting period:
  • Commences: November 15, 2025, at 9:00 AM
  • Ends: December 15, 2025, at 5:00 PM
• Results declaration: By December 17, 2025

Director Profile: Mr. Subodh Nadkarni

Mr. Nadkarni brings a wealth of experience to Goa Carbon Limited:

• Over 40 years of industrial experience
• Expertise in finance, commerce, and international operations
• Previously associated with Godrej Group as Financial Controller
• Held senior management positions across Asia, Middle East, and Europe with Sulzer Group, Switzerland
• Currently serves as Chairman of the Board of Directors at Grindwell Norton Ltd.

Borrowing Limit Increase Rationale

The company states that the enhanced borrowing limit is necessary to support its existing and future financial requirements for business operations. This increase from Rs. 500.00 crores to Rs. 750.00 crores aims to provide Goa Carbon with greater financial flexibility.

Shareholder Action Required

Shareholders are encouraged to participate in the remote e-voting process to cast their votes on these important resolutions. The company has engaged MUFG Intime India Private Limited to facilitate the e-voting process.

Goa Carbon Limited's move to seek these approvals indicates its focus on strengthening governance and preparing for potential future growth opportunities. Shareholders will play a crucial role in determining the company's strategic direction through their votes on these resolutions.

Goa Carbon Limited , a prominent player in the carbon industry, has announced the appointment of Dr. Kshama Fernandes as an Independent Director to its board. The decision, which marks a significant addition to the company's leadership, was approved by shareholders at the 57th Annual General Meeting (AGM) held on September 9, 2025.

Key Highlights of the Appointment

• Term of Appointment: Dr. Fernandes has been appointed for a five-year term, effective from July 7, 2025, to July 6, 2030.
• Shareholder Approval: The appointment received the backing of shareholders at the company's AGM, underscoring the confidence in Dr. Fernandes' expertise.
• Director Identification Number (DIN): Dr. Fernandes holds the DIN 02539429.

AGM Details and Voting Results

The 57th AGM of Goa Carbon Limited was conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM), in line with current corporate governance practices. The meeting, which began at 3:00 PM IST, concluded at 4:15 PM IST.

Regarding the resolution for Dr. Fernandes' appointment:

• Resolution Type: Special Resolution
• Voting Outcome: The resolution passed with an overwhelming majority
  • Votes in favor: 5,467,095 (99.99% of total valid votes)
  • Votes against: 33 (0.00% of total valid votes)

Company's Perspective

Mr. Shrinivas Dempo, Chairman of Goa Carbon Limited, addressed the shareholders during the AGM. He touched upon various aspects of the company's performance, including:

• Global and Indian business environment
• Goa Carbon's performance update for FY 2025
• Regulatory compliance and sustainability initiatives
• CSR activities across the company's operational locations
• Strategic plans to navigate current business challenges

Other AGM Resolutions

In addition to Dr. Fernandes' appointment, the AGM also approved several other resolutions:

1. Adoption of financial statements for the year ended March 31, 2025
2. Re-appointment of Mr. Rajesh Dempo as a Director
3. Ratification of remuneration for M/s. Joshi Apte and Associates, Cost Accountants
4. Appointment of CS Shivaram Bhat as Secretarial Auditors for a five-year term

About Goa Carbon Limited

Goa Carbon Limited, with its corporate identity number L23109GA1967PLC000076, is a well-established company in the carbon industry. The company's registered office is located at Dempo House, Campal, Panjim, Goa. With manufacturing plants in Goa, Paradeep, and Bilaspur, Goa Carbon has a significant presence in the sector.

The appointment of Dr. Kshama Fernandes as an Independent Director is expected to bring fresh perspectives and valuable insights to Goa Carbon's board, potentially contributing to the company's future growth and strategic direction.