Barak Valley Cements Announces 27th AGM on Sep 29, 2026; Approves FY26 Audited Results & MD Re-appointment
Barak Valley Cements Limited will hold its 27th AGM on September 29, 2026, to adopt FY26 audited results. Mr. Kamakhya Chamaria's re-appointment as MD for 5 years from Aug 12, 2027, with a ₹7.5 lakh monthly salary, was approved. Material RPTs with North East Power and Infra Ltd up to ₹30 crore were also approved.
The re-appointment of the Managing Director for a long term and the approval of related party transactions are significant for the company's operations and governance.
The announcement includes the adoption of audited financial results and the re-appointment of key managerial personnel, indicating stability and forward planning.
Barak Valley Cements Limited (BVCL) has announced its 27th Annual General Meeting (AGM) will be held on Tuesday, September 29, 2026, at 3:00 PM IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The company will consider and adopt the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The AGM notice also includes the re-appointment of Mr. Nishant Garodia as a Director retiring by rotation and the re-appointment of Mr. Kamakhya Chamaria as Managing Director for a further period of 5 years, effective from August 12, 2027, to August 11, 2032. His remuneration package includes a basic salary of ₹7,50,000 per month with annual increments, performance bonus, and various perquisites. The meeting will also seek ratification of the remuneration payable to the Cost Auditor for the financial year ending March 31, 2027, and approval for material related party transactions with North East Power and Infra Ltd. The total approved amount for transactions with North East Power and Infra Ltd is ₹30 Crore, covering purchases of limestone, fly ash, clinker, cement, raw materials, and transportation/logistics services. The cutoff date for determining eligibility for remote e-voting is Tuesday, September 22, 2026. The register of members and share transfer books will be closed from Wednesday, September 23, 2026, to Tuesday, September 29, 2026, inclusive.
A plain-language summary of a public exchange filing by Barak Valley Cements Limited. Read the original for the full detail.