Shareholders meeting

9th October, 2026 National Stock Exchange of India Limited BSE Limited Listing Department, The Corporate Relationship Department ‘Exchange Plaza’, C/1, G Block, Bandra 1st Floor, New Trading Wing, Rotunda Kurla Complex, Bandra (E), Building, Phiroze Jeejeebhoy Towers, Mumbai 400051. Dalal Street, Fort, Mumbai- 400001. Symbol: BALRAMCHIN Scrip Code: 500038 Dear Sir/Madam, Subject: Minutes of the 50th Annual General Meeting of the Company Please find enclosed herewith a certified true copy of the Minutes of the Fiftieth (50th) Annual General Meeting of the Company held on Wednesday, 16th September, 2026 through video conferencing. Thanking You. Yours faithfully For Balrampur Chini Mills Limited Manoj Agarwal Company Secretary & Compliance Officer Encl: A/a Minutes of the Fiftieth (50th) Annual General Meeting (AGM) of the Members of Balrampur Chini Mills Limited held on Wednesday, 16th day of September, 2026, through video conferencing (VC), from the Registered Office of the Company situated at 234/3A, A. J. C. Bose Road, FMC Fortuna, 2nd Floor, Kolkata – 700020, West Bengal which commenced at 4:00 P.M. (IST) and concluded at 5:05 P.M. (IST) Present: Mr. Vivek Saraogi - Chairman and Managing Director (from Kolkata) Dr. Indu Bhushan - Lead Independent Director Chairperson of Audit Committee (from New Delhi) Ms. Mamta Binani - Independent Director Chairperson of Stakeholder Relationship Committee and Executive Committee (from Kolkata) Ms. Veena Hingarh - Independent Director Chairperson of Nomination and Remuneration Committee and Corporate Social Responsibility Committee (from Kolkata) Mr. Chandra Kishore Mishra - Independent Director Chairperson of Risk Management Committee and Environmental, Social & Governance Committee (from New Delhi) Ms. Avantika Saraogi - Executive Director (from Lucknow) Ms. Vartika Shukla - Independent Director (from Lucknow) Mr. Praveen Gupta - Whole-time Director (from Lucknow) Mr. Pramod Patwari - Chief Financial Officer (from Kolkata) Mr. Manoj Agarwal - Company Secretary & Compliance Officer (from Kolkata) Total of 107 members (including authorized representatives) were present at the 50th Annual General Meeting (the “AGM/Meeting”) of the Company along with the representatives of the Statutory Auditors – M/s. Lodha & Co LLP, Chartered Accountants and of the Secretarial Auditors – M/s. MKB & Associates, Company Secretaries. Mr. Manoj Agarwal, Company Secretary & Compliance Officer, welcomed the Members attending the AGM and informed that the said AGM was being conducted through Video Conferencing (“VC”) as per the applicable Circulars issued by Ministry of Corporate Affairs (“MCA”) and Securities and Exchange Board of India (“SEBI”) in this regard. Mr. Agarwal also briefed the Members about the aspects pertaining to participation at the Meeting through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”). He also informed that the statutory registers and other relevant documents, as mentioned in the Notice of the AGM (the “Notice”), have been made available electronically for inspection by the Members during the AGM. He stated that the Members can send their inspection request to the designated e-mail id (secretarial@bcml.in). Thereafter, Mr. Vivek Saraogi, Chairman and Managing Director of the Company, chaired the proceedings of the Meeting, except for item nos. 5 and 6 for which Dr. Indu Bhushan, Lead Independent Director was considered to be the Chair. The Chairman extended a very warm welcome to the members at the Meeting. As the requisite quorum was present, the Chairman called the Meeting to order. Thereafter, he introduced other Directors, Chief Financial Officer and the Company Secretary. All the Directors were present during the Meeting. The representatives of the Statutory Auditors as well as the Secretarial Auditors were also present through video conferencing. The Chairman informed that in case of any technical disruption or failure, Dr. Indu Bhushan, Lead Independent Director and Chairman of Audit Committee would take the chair and continue the proceedings of the Meeting. With the permission of the members present, the Notice dated 11th August, 2026 convening the 50th AGM, the Audited Financial Statements (Standalone and Consolidated) for the Financial Year ended 31st March, 2026 together with the Auditors’ Reports thereon and the Report of the Board of Directors along with annexures thereto as circulated to all the members in compliance with the relevant circulars of MCA, were taken as read. The Chairman mentioned that since there were no qualifications, observations or any other adverse remarks on the financial transactions or matters which had any adverse effect on the functioning of the Company in the Auditors’ Report for the Financial Year ended 31st March, 2026 or by the Secretarial Auditors in their Secretarial Audit Report for the Financial Year ended 31st March, 2026 and therefore the same were not required to be read at the meeting. The Chairman informed that as per the provisions of Section 108 of the Companies Act, 2013 (as amended) read with Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended) and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), the Company had provided its members the facility to cast their votes, on all resolutions set forth in the Notice, using electronic voting system from a place other than the venue of the AGM (“remote e-voting”). He further informed that the Board of Directors of the Company has engaged the services of KFin Technologies Limited (“KFin”) as the agency to provide the said facility. The e-voting period had commenced on Sunday, 13th September, 2026 at 10:00 A.M. (IST) and ended on Tuesday, 15th September, 2026 at 5:00 P.M. (IST). The Chairman further informed that Members, who had not casted their vote through remote e-voting facility were provided the facility for electronic voting during the Meeting to cast their votes but in case members had already casted their votes earlier through remote e-voting facility, such members should not cast their vote once again through said e-voting and such votes, if cast, would be considered as invalid. The Chairman also informed that the window for electronic voting during the AGM will remain open till 15 minutes from the conclusion of the proceedings of the meeting to allow the Members to cast their votes. Thereafter the Chairman stated that CS Amber Ahmad, Proprietor of Amber Ahmad & Associates, Company Secretaries, Kolkata (Membership No.: FCS-9312 and C.P. No. 8581) (who was present at the meeting), was appointed as Scrutinizer for scrutinizing the voting process (both remote e-voting and e-voting during the AGM) in a fair and transparent manner. He also informed that as per Revised Secretarial Standard on General Meetings (SS-2) since the resolutions as per the Notice have been put to vote through remote e-voting the same need not be proposed and seconded by members present. Thereafter, the Chairman delivered his speech, gave an overview of the performance of the Company and future outlook. In his speech, the Chairman highlighted inter-alia views on E20 related concerns, the recent firming of sugar prices and future outlook of the sugar, ethanol industry. He also updated the Members on the progress of the Polylactic Acid (PLA) project. Thereafter, the Chairman invited the members to provide their views, raise queries, offer comments or seek clarifications, if any, on the financials of the Company or any of the items stated in the Notice. Upon the invitation of the Chairman, nine members gave their views and raised queries on various aspects, which were duly noted and responded by the Chairman and Managing Director, Executive Director, Chief Financial Officer and the Company Secretary of the Company. The members also complimented the Management, the Board and the Company for its Financial Results, its Sustainability focus, h [Showing first 8,000 characters — download PDF for full document]