Date: 10th June, 2026

Board Meeting Outcomes

  • The Board of Directors, through a resolution passed on 9th June 2026, approved the allotment of 1,52,87,356 fully paid-up equity shares of the company
  • The shares have a face value of ₹10 each and were issued at an issue price of ₹13.05 per equity share (including a premium of ₹3.05)
  • The allotment was made on a preferential basis to B N G Investment LLC, a shareholder of Agastya Green Energy Limited (AGEL)
  • This allotment completes the acquisition of 100% stake in AGEL as per the Share Swap and Share Purchase Agreement dated 20th March 2026

Disinvestment / Strategic Actions

  • The company has acquired 100% stake in Agastya Green Energy Limited (AGEL) through a share swap arrangement
  • On 10th June 2026, the company received transfer of 95,00,000 equity shares of AGEL from B N G Investment LLC in the company's demat account
  • The acquisition was executed through a preferential allotment of 1,52,87,356 equity shares of Sanginita Chemicals Ltd. to B N G Investment LLC
  • The strategic rationale is the complete acquisition of AGEL through this share swap transaction

Other Operational / Legal / Strategic Disclosures

  • The deemed date of allotment for the 1,52,87,356 equity shares is considered as 10th June 2026
  • This disclosure is made under Regulation 30 of SEBI LODR (Listing Obligations and Disclosure Requirements)
  • The transaction follows previous intimations dated 9th June 2026 (Board meeting outcome and acquisition update) and 20th March 2026 (agreement to acquire AGEL)
  • The company will make a revised XBRL filing to reflect the deemed date of allotment

Not Specified: KMP / Board / Auditor Changes, Dividend Declaration, Financial Results, Auditor's Report, Media Release / Investor Communication