Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Agastya Energy and Infrastructure Limited (formerly known as Sanginita Chemicals Limited)

Meeting Details

The EGM was held on Wednesday, 07th October 2026 at 03:00 P.M. (IST) and concluded at 03:33 P.M. The meeting was conducted through Video Conferencing and/or Other Audio Visual Means (OAVM).

Proposed Resolutions and Implications

Six special resolutions were considered:

1. Approval for issuance of equity shares and convertible warrants on preferential basis to persons belonging to "Promoter & Promoter Group" and "Non-Promoter" category

2. Alteration in the Articles of Association to include provisions for issuance of shares through Employee Stock Option Schemes and revise offer period for further issue of shares

3. Approval of "Agastya Energy and Infrastructure Limited - Employee Stock Option Scheme 2026" (ESOP Scheme 2026)

4. Approval of ESOP Scheme 2026 through Trust route including fresh issuance and/or secondary acquisition of shares by the Trust

5. Approval of grant of Employee Stock Options to eligible employees of subsidiary company(ies) and/or associate company(ies)

6. Approval of provision of money, loan and/or financial assistance by the company to AEIL ESOP Trust for implementation of ESOP Scheme 2026

Voting Process and Methods

The voting process utilized remote e-voting and e-voting at the venue through video conferencing. The remote e-voting period commenced at 9:00 A.M. (IST) on Sunday, 04th October 2026 and concluded at 5:00 P.M. (IST) on Tuesday, 06th October 2026. CDSL (Central Depository Services Limited) provided the e-voting facility.

Key Voting Outcomes

Overall Participation

  • Record date: 30-09-2026
  • Total number of shareholders on record date: 12,062
  • Shareholders attended through video conferencing: Promoters - 1, Public - 48
  • Total votes cast across all resolutions: 42,944,652 shares (71.1641% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Preferential Issue):

  • Total votes polled: 1,912,218 shares (3.1688% of outstanding shares)
  • Votes in favor: 1,912,158 (99.9969%)
  • Votes against: 60 (0.0031%)
  • Public Non-Institutions participation: 9.9009% of their holding
  • Resolution passed: Yes

Resolution 2 (AoA Alteration):

  • Total votes polled: 42,944,652 shares (71.1641% of outstanding shares)
  • Votes in favor: 42,944,602 (99.9999%)
  • Votes against: 50 (0.0001%)
  • Resolution passed: Yes

Resolution 3 (ESOP Scheme Approval):

  • Promoter & Promoter Group: 41,032,434 votes (100% participation, 100% in favor)
  • Public Non-Institutions: 1,912,218 votes (9.9009% participation, 99.9974% in favor, 0.0026% against)
  • Total: 42,944,652 votes (71.1641% participation, 99.9999% in favor, 0.0001% against)
  • Resolution passed: Yes

Resolution 4 (ESOP Trust Route):

  • Same voting pattern as Resolution 3
  • Resolution passed: Yes

Resolution 5 (ESOP for Subsidiaries):

  • Same voting pattern as Resolution 3
  • Resolution passed: Yes

Resolution 6 (Financial Assistance to ESOP Trust):

  • Total votes polled: 42,944,652 shares (71.1641% of outstanding shares)
  • Votes in favor: 42,943,237 (99.9967%)
  • Votes against: 1,415 (0.0033%)
  • Resolution passed: Yes

Scrutinizer's Role and Findings

Mr. Arpit Kumar Goyal of M/s Goyal Arpit & Company (Membership Number: A40233) was appointed as scrutinizer on 09-09-2026. His responsibilities included ensuring fair and transparent voting process and submitting consolidated scrutinizer's report based on CDSL reports.

Key findings:

  • Remote e-votes were reconciled with records maintained by Purva Sharegistry India Pvt Ltd (RTA)
  • Electronic system was locked by CDSL after closing of e-voting
  • Remote e-votes were unblocked on 07th October 2026 after EGM conclusion in presence of two witnesses (Mr. Akashdeep Singh & Mr. Divish Ahuja)
  • All resolutions passed with requisite majority

Compliance Confirmation

The voting process complied with Section 108 of the Companies Act 2013, Rule 20 of the Companies (Management and Administration) Rules 2014, Secretarial Standard on General Meetings, SEBI circulars, and SEBI LODR Regulations 2015.

Additional Information

  • Company CIN: L35105GJ2005PLC047292
  • Notice dispatched on 15th September 2026 through email to members
  • Advertisements published in newspapers as required
  • Cut-off date for voting eligibility: 30th September 2026