Key Quantitative Figures

  • Transaction value: ₹4,77,60,000 (Rupees Four Crore Seventy Seven Lakhs Sixty Thousand Only)
  • Percentage of annual consolidated turnover: 3.10%
  • Cut-off date for voting eligibility: Friday, June 19, 2026

Parties Involved

  • Related Party: Mrs. Tarlika Pradip Dave (DIN: 02562665), Promoter and Non-Executive Director
  • Scrutinizer: M/s. SPRS And Co. LLP, Practising Company Secretaries
  • E-voting Service Provider: M/s. MUFG Intime India Private Limited
  • Stock Exchange: BSE Limited

Transaction Details

Property Being Sold: Flat No 104, 1st floor, Vibhuti Apartment Building, at Shanti Road, Off Gandhigram Road, Juhu, Mumbai – 400049

Transaction Nature: Sale of immovable property to related party (Mrs. Tarlika Pradip Dave)

Valuation: Price determined based on valuation report from registered valuer available at https://aimcopesticides.com/wp-content/uploads/2026/06/Valution-Report-dated-27.05.2026.pdf

Duration: One-time transaction valid until property is sold, but not exceeding Financial Year 2026-27

Advance Payment: Nil

Approval Process

  • Board approval obtained on May 28, 2026
  • Audit Committee recommendation received on May 28, 2026
  • Requires ordinary resolution through postal ballot
  • Not a "Material Related Party Transaction" under SEBI LODR Regulation 23

Purpose and Rationale

The proposed transaction is being undertaken to support the Company's immediate working capital and cash flow requirements. The infusion of funds through this arrangement will strengthen the Company's liquidity position and enable it to meet operational obligations including vendor payments, employee costs, and other routine business expenses. The related party support is being utilized as a cost-effective and timely source of funds compared to external borrowings.

Voting Arrangements

  • Voting rights proportional to paid-up equity share capital as on cut-off date (June 19, 2026)
  • E-voting through MUFG Intime India Private Limited platform
  • Multiple voting methods available for demat and physical shareholders
  • Results will be posted on company website (www.aimcopesticides.com), BSE website, and e-voting service provider website

Interested Parties

Mrs. Tarlika Pradip Dave, Mr. Pradip Pushkarrai Dave (Whole-Time Director), Mr. Ashit Pradip Dave (Whole-Time Director and CFO), and Dr. Samir Pradip Dave (Managing Director) and their relatives are interested in the resolution. No other directors or key managerial personnel are interested.

Document Availability

Postal Ballot Notice available on company website, BSE website, and MUFG Intime website. Documents referred to in the notice available for inspection by members during the specified period upon request via email to investors@aimcopesticides.com.