NTC Industries Limited Conducts Successful Extra-Ordinary General Meeting
The Board of Directors of NTC Industries Limited has successfully conducted its Extra-Ordinary General Meeting (EGM) through video conferencing and other audio visual means.
Meeting Participation
All five directors of NTC Industries attended and participated through VC/OAVM. The meeting was chaired by Mr. Avijit Maity, Executive Director, with Ms. Tanya Bansal, Company Secretary & Compliance Officer, and Ms. Prachi Todi, Practicing Company Secretary, also in attendance.
- Mr. Niraj Sinha - Non-Executive Non Independent Director and Chairman of Corporate Social Responsibility Committee
- Mr. Sharad Kumar Bachhawat - Non-Executive Independent Director and Chairman of the Audit Committee and Nomination & Remuneration Committee
- Mr. Samprati Kamdar - Non-Executive Independent Director
- Ms. Moumita Ghosh - Non-Executive Independent Woman Director and Chairman Stakeholder Relationship Committee
- Mr. Tapan Kumar Chakraborty - Non-Executive Director
Voting Process and Results
The company provided remote e-voting facilities to its members from 27 April 2026 at 9:00 a.m. IST to 29 April 2026 at 5:00 p.m. IST.
- Item Resolution Type Votes in Favour Votes Against Approval %
- 1 Ordinary 3,290,623 2,237 99.932
- 2 Ordinary 3,290,623 2,237 99.932
- 3 Special 3,290,623 2,237 99.932
- 4 Ordinary 3,290,623 2,237 99.932
Special Business Transacted
The EGM transacted four items of special business as per the notice of the meeting:
- Item No Business Description
- 1 To approve the material related party transaction(s) to be entered between NTC Industries Limited & RDB Infrastructure and Power Limited, RDB Real Estate Constructions Limited, RDB Primarc Techno Park LLP, Ritudhan Suppliers Private Limited, Loka Properties Private Limited, Ankur Constructions Pvt Ltd, Veekay Apartments Pvt Ltd, Somani Estates Private Limited, Shashvata Distributors Private Limited and Nextel Constructions LLP
- 2 To approve the material related party transaction(s) to be entered between NTCIL Real Estate Private Limited & RDB Infrastructure and Power Limited, RDB Real Estate Constructions Limited, RDB Primarc Techno Park LLP, Ritudhan Suppliers Private Limited, Loka Properties Private Limited, Ankur Constructions Pvt Ltd, Veekay Apartments Pvt Ltd, Somani Estates Private Limited, Shashvata Distributors Private Limited and Nextel Constructions LLP
- 3 Authorization under Section 185 of the Companies Act, 2013
- 4 To Approve the material related party transaction(s) with Mochan Food Processors Private Limited
Regulatory Compliance
The proceedings and voting results have been made available on the company's website and communicated to BSE Limited (Scrip Code: 526723) and The Calcutta Stock Exchange Ltd. (Scrip Code: 28044) as required under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Regulatory Compliance and Publication Details
The company submitted notices to BSE Limited (Scrip Code: 526723) and The Calcutta Stock Exchange Ltd. (Scrip Code: 28044) on April 9, 2026, confirming the completion of EGM notice dispatch and e-voting information dissemination.
EGM Schedule and Arrangements
The Extra-Ordinary General Meeting is scheduled for Wednesday, April 29, 2026, at 11:30 p.m. IST, to be conducted through Video Conferencing (VC) and Other Audio Visual Means (OAVM) without physical presence of members at a common venue.
E-voting Facility and Timeline
NTC Industries has engaged National Securities Depository Limited (NSDL) to provide remote e-voting and e-voting facilities during the EGM.
- E-voting Schedule: Details Remote E-voting Period: April 26, 2026 (9:00 a.m.) to April 28, 2026 (5:00 p.m.) Cut-off Date: April 22, 2026 EGM Date: April 29, 2026 at 11:30 p.m. IST Results Declaration: On or after May 1, 2026 Service Provider: National Securities Depository Limited (NSDL)
Shareholder Communication and Access
The EGM notice and annual report were dispatched on August 7, 2025, to members whose email addresses are registered with the company, depositories, or the Registrar and Share Transfer Agent, Niche Technologies Pvt. Ltd.
Scrutinizer Appointment and Result Declaration
The Board of Directors has appointed Ms. Prachi Todi, Practicing Company Secretary (ACS No. 53022, CP No. 22864), as the scrutinizer to oversee the voting process at the EGM and remote e-voting in a fair and transparent manner.