Scrip Symbol / Code: SANGINITA (EQ)
Date: 7 August, 2026
Change in Director / Key Managerial Personnel
- The 274th Extra-Ordinary General Meeting (EGM) held on 7 August 2026 approved the appointment of five new directors.
- Mr. Gaurav Kumar Tripathi (DIN: 06372272) was appointed as a Director and 'Whole-time Director' for a term of 3 years from 5 June 2026 to 4 June 2029. His brief profile describes him as a management professional with over 17 years of experience in business expansion, strategic planning, and operational excellence across FMCG, retail, and technology sectors. He has held leadership positions with organizations including Siam Makro, Aditya Birla Fashion & Retail, Gionee Mobiles, and Godfrey Phillips India. He is not debarred from holding office and is not related to any existing or proposed Directors or Key Managerial Personnel.
- Mr. Anubhav Agarwal (DIN: 02809290) was appointed as a Non-Executive Non-Independent Director, effective from 5 June 2026. He is described as an MBA-qualified professional from a reputed business family, possessing over 15 years of leadership experience in scaling and transforming businesses. As a Promoter Director, he provides strategic direction for the Agastya Companies. He is not debarred from holding office and is not related to any other directors.
- Mr. Piyush Bichhoriya (DIN: 10894714) was appointed as a Non-Executive Non-Independent Director, effective from 5 June 2026. His profile describes him as a dynamic technology leader and entrepreneur, an engineering graduate with over two decades of experience at the intersection of software engineering, business management, and law. He has managed multi-billion-dollar budgets and spearheaded transformative projects at Fortune 50 companies. He is not debarred from holding office and is not related to any other directors.
- Mr. Sanmitra Trivedi (DIN: 02173317) was appointed as an Independent Director for a first term of 5 consecutive years, up to 7 May 2031. He is a distinguished HR executive and senior business leader with over three decades of experience, holding a Bachelor of Engineering (Mechanical) from NITK, a Post Graduate Diploma in Personnel & Industrial Relations, and a Bachelor of Laws (LL.B.). He has served on the Board of Directors of Verizon Data Services India Limited and as a Member of Vedant Reliance Industries' R&M Board. He is not debarred from holding office.
- Ms. Jalpa Anand Lavingia (DIN: 07969810) was appointed as an Independent Director for a first term of 5 consecutive years, up to 7 May 2031. She is an Ahmedabad-based professional holding a Master's degree in Commerce (M.Com) and is currently serving as the Accounting Head at M/s. ALAP & CO.LLP, a firm of Company Secretaries. She possesses strong communication and public speaking skills and is currently serving as an Independent Director of Supernova Retail Limited (a listed entity). She is not debarred from holding office.
Strategic or Business Context
- The EGM approved the alteration of the company's Memorandum of Association (MOA).
- The EGM approved the shifting of the company's registered office from the State of Gujarat to the State of Haryana, subject to regulatory approval.
- The shareholders approved a change of the company's name from "SANGINITA CHEMICALS LIMITED" to "AGASTYA ENERGY AND INFRASTRUCTURE LIMITED", subject to regulatory approval. This signifies a strategic shift in the company's business focus.
Any Other Material Information
- The EGM was held through Video Conferencing (VC)/ Other Audio Visual Means (OAVM) and commenced at 03:00 p.m. and concluded at 03:35 p.m.
- The disclosure is made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 dated January 30, 2026.
- All appointees have provided confirmations that they are not debarred from holding the office of director by virtue of any SEBI Order or any other authority, as required under exchange circulars.