Mode: Video Conferencing / Other Audio-Visual Means (VC/OAVM)
Cut-off date for determining members entitled to vote: 11th September 2026
Record date for voting rights: 30th September 2026
Proposed Resolutions and Implications
Resolution 1: Preferential Issue of Equity Shares and Convertible Warrants
To issue 55,06,094 equity shares at ₹55.03 per share (₹45.03 premium) aggregating ₹30.30 crore
To issue 9,73,65,077 warrants at ₹55.03 per warrant convertible into equity shares aggregating ₹535.80 crore
Total fundraising: ₹566.10 crore
Allottees include promoter group entities (BN Technologies India Limited, BN Industrial Investment Limited, BNG Investment LLC) and QIBs (GB MU-MR OP FU, North Star Opportunities Fund, Bridge India Fund, Vikasa India ELF I Fund, Elysian Wealth Fund)
Key managerial personnel (Amit Kalra and Gaurav Kumar Tripathi) also participating
Funds utilization: Renewable energy business capex (₹546.10 crore), working capital (₹10 crore), general corporate purposes (₹10 crore)
Relevant date for price determination: 7th September 2026
Floor price: ₹55.03 per share/warrant
Lock-in period as per SEBI ICDR Regulations
Resolution 2: Amendment to Articles of Association
Modify Article 7(I)(b) to align with Companies Act requirements for rights issue offer period (15 days minimum)
Insert new Article 7A to authorize implementation of employee stock option schemes
Resolution 3: Approval of ESOP Scheme 2026
Create 50,00,000 employee stock options exercisable into equity shares
Implement through AEIL ESOP Trust
Cover employees of company, subsidiaries, and associates
Compensation Committee to administer the scheme
Resolution 4: ESOP Implementation through Trust Route
Trust to acquire shares through fresh issuance and/or secondary acquisition
Secondary acquisition limited to 5% of paid-up capital at any time and 2% per financial year
Resolution 5: Extension of ESOP to Subsidiary/Associate Employees
Extend ESOP benefits to employees of subsidiary and associate companies
Options count within overall 50 lakh limit
Resolution 6: Financial Assistance to ESOP Trust
Provide loans/assistance up to 5% of paid-up capital + free reserves to AEIL ESOP Trust
Maximum assistance: ₹5.66 crore based on current capital structure
Voting Process and Methods
Remote e-voting period: 4th October 2026 (9:00 AM) to 6th October 2026 (5:00 PM)
E-voting agency: Central Depository Services (India) Limited (CDSL)
Physical voting: Not available due to VC/OAVM meeting
Proxy facility: Not available for virtual meeting
Scrutinizer: Mr. Arpit Kumar Goyal (Proprietor of M/s Goyal Arpit & Company, Company Secretary)
Key Voting Outcomes and Participation
Results to be announced within 2 working days of EGM conclusion
Results displayed on company website (https://www.sanginitachemicals.co.in) and CDSL website (www.evotingindia.com)
Scrutinizer's decision on vote validity is final
Voting rights proportional to shareholding as on 30th September 2026
Compliance with Laws and Regulations
Compliance with SEBI Listing Regulations, Companies Act 2013, SEBI ICDR Regulations 2018
Following MCA Circulars for virtual meeting conduct
Adherence to SEBI SBEB Regulations for ESOP scheme
Monitoring agency appointed: Acuite Ratings & Research Limited for fund utilization monitoring
Valuation report obtained from Finvox Analytics (IBBI/RV-E/06/2020/120)
Signatories and Roles
Gaurav Kumar Tripathi, Whole Time Director (DIN: 06372272) - Signed the notice and explanatory statement
Company Secretary: Not explicitly named but responsibilities mentioned
