Godavari Biorefineries Ltd

AGM details

• Date: 28 September 2026; start 11:30 IST, end 11:49 IST.
• Mode: VC/OAVM; record date 21 September 2026; total shareholders on record 90,578.

Key resolutions and outcomes

• Resolution 1 (Ordinary): Adopt audited financial statements, Board's report, and auditors' report; Passed.
• Resolution 2 (Ordinary): Reappointment of Raman Ramchandran as Director; Passed.
• Resolution 3 (Ordinary): Reappointment of Suhas Godage as Director by rotation; Passed.
• Resolution 4 (Special): Remuneration for Samir S. Somaiya as MD from 1 Apr 2027; Passed.
• Resolution 5 (Special): Terms of re-appointment and remuneration of Suhas Godage as Executive Director; Passed.
• Resolution 6 (Ordinary): Appointment of Dinesh Sharma as Director; Passed.
• Resolution 7 (Special): Remuneration terms for Suhas Godage as Executive Director for three years; Passed.
• Resolution 8 (Ordinary): Ratify remuneration payable to Cost Auditor; Passed.
• Resolution 9 (Ordinary): Contribution to charitable and other funds; Passed.
• Resolution 10 (Special): Acceptance of deposits; Passed.

Director changes

• Raman Ramchandran appointed as Director, replacing retiring director.
• Dinesh Sharma appointed as Director.

Auditor and remuneration

• Cost Auditor remuneration ratified.

Other material approvals

• Approval of accepting deposits.

AGM 28 Sep 2026 – Director/KMP changes

• Re-appointed Dr. Raman Ramchandran as Director, liable to retire by rotation; profile: PhD from University of Adelaide, research.
• Re-appointed Mr. Suhas Godage as Director, liable to retire by rotation; profile: BSc, MBA, fermentation tech diploma.
• Re-appointment of Samir S. Somaiya as MD; profile: BSc; MSc Chem Eng & MBA from Cornell; MPA Harvard.
• Re-appointment and remuneration of Suhas Godage as Executive Director (Works-Sakarwadi); profile: BSc, MBA, PG Diploma; 3-year term.
• Appointment of Mr. Dinesh Sharma as Director; profile not disclosed; effective 28 Sept 2026.
• Remuneration approved for Mr. Dinesh Sharma as WTD; three-year term.

AGM Details

• Date/time/mode: 28 September 2026, 11:30–11:49 IST, via VC/OAVM.
• Attendance: 91 members via VC/OAVM.
• Remote e-voting: 25–27 September 2026.
• Live webcast of proceedings provided.

Resolutions

• Ordinary: Adoption of audited standalone and consolidated financial statements for year ended 31 March 2026.
• Ordinary: Appointment of Dr Raman Ramchandran, retiring director.
• Ordinary: Appointment of Suhas Godage, retiring director.
• Special: Re-appointment and remuneration of Samir S. Somaiya as Managing Director from 1 April 2027.
• Special: Re-appointment and remuneration of Suhas Godage as ED (Works-Sakarwadi) from 1 April 2027.
• Special: Appointment of Dinesh Sharma as a Director.
• Special: Appointment and remuneration of Dinesh Sharma as ED (Works-Sameerwadi) for three years.
• Special: Ratification of remuneration payable to the Cost Auditor.
• Special: Contribution to Charitable and other funds.
• Special: Acceptance of Deposits.

Voting / Results

• Combined results to be intimated to stock exchanges and uploaded on company and NSDL websites.

Trading window closure

• Trading window closed for Directors, KMPs, and their relatives from Oct 01, 2026.
• Closure lasts until 48 hours after the unaudited results for quarter and half year ended Sep 30, 2026.
• Date of consideration of the unaudited results will be intimated in due course.

Demand notice details

• Receipt date: September 25, 2026 from HESCOM, Mahalingpur, Karnataka.
• Demand relates to cross-subsidy charges for open access power imports 2013–2016.
• Total demand Rs 12,88,27,935 (principal + interest).
• Principal Rs 5,90,95,383 and interest Rs 6,97,32,552.
• Contingent liability of Rs 5,90,95,383; assessment of further impact ongoing.

Meeting Details

• Date of the meeting: September 29, 2026.
• Mode of interaction: Virtual conference.
• Event is Bharat Connect – Arihant Capital Virtual Conference.
• Type: Group Meeting.

Participants

• Company officials will participate; specific management roles not disclosed.

Purpose

• The meeting aims to interact with analysts and investors using publicly available information.

Additional Notes

• No undisclosed price-sensitive information will be shared.

China patent grant

• China patent CN 115867276B granted for use of compounds to treat viral infections; patent effective Sept 15, 2026.

Tax Show Cause Update

• Show Cause Notice for short/non-payment and availed ineligible ITC for 2022-23.
• Notice cites short payment and ineligible ITC of Rs 18,12,85,079 incl. interest and penalties.
• GST demand totals about Rs 10.57 crore, with interest Rs 6.50 crore and penalties Rs 1.056 crore.
• GST component breakdown: IGST Rs 5,13,15,761; CGST Rs 2,68,70,524; SGST Rs 2,68,70,524; CESS Rs 6,48,777.
• Office of the Commercial Tax Officer (Enforcement), DGSTO, Jamkhandi, Karnataka issued the notice.
• Receipt of communication dated 28 August 2026 at 5:43 PM.
• Company to respond via replies/appeal; legal steps being considered.