Meeting Details

  • Date: Friday, 7th August 2026
  • Time: 3:00 PM (IST)
  • Type: 2nd Extra-Ordinary General Meeting of FY 2026-27
  • Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Venue: Deemed venue at Registered Office (301, Shalin Complex, Sector-11, Gandhinagar - 382 011, Gujarat)

Proposed Resolutions and Implications

Special Business Resolutions:

1. Increasing Borrowing Powers under Section 180(1)(c)

  • Special Resolution to borrow money exceeding aggregate of paid-up capital, free reserves and securities premium
  • Maximum borrowing limit: ₹3,000 Crores (Indian Rupees Three Thousand Crores Only)
  • Includes foreign currency borrowings, ECB, bonds, debentures, and other financial instruments

2. Creation of Charges under Section 180(1)(a)

  • Special Resolution to create mortgages, charges, hypothecation on movable/immovable properties
  • Security limit: ₹3,000 Crores to secure borrowings
  • Covers present and future assets including whole undertakings

3. Investments/Loans/Guarantees under Section 186

  • Special Resolution for investments, loans, guarantees exceeding prescribed limits
  • Maximum limit: ₹1,000 Crores (Indian Rupees One Thousand Crores Only)
  • Includes investments in subsidiaries, associates, joint ventures

4. Appointment of Mr. Gaurav Kumar Tripathi as Director

  • Ordinary Resolution for appointment as Director liable to retire by rotation
  • DIN: 06372272
  • Initially appointed as Additional Director w.e.f. 5th June 2026

5. Appointment of Mr. Gaurav Kumar Tripathi as Whole-time Director

  • Special Resolution for appointment as Whole-time Director for 3 years (5th June 2026 to 4th June 2029)
  • Monthly remuneration: Basic ₹2,65,625 + HRA ₹1,32,813 + other perquisites
  • Minimum remuneration provision in case of inadequacy of profits

6. Appointment of Mr. Anubhav Agarwal as Non-Executive Non-Independent Director

  • Ordinary Resolution for appointment
  • DIN: 02809290
  • Initially appointed as Additional Director w.e.f. 5th June 2026

7. Appointment of Mr. Piyush Bichhoriya as Non-Executive Non-Independent Director

  • Ordinary Resolution for appointment
  • DIN: 10894714
  • Initially appointed as Additional Director w.e.f. 5th June 2026

8. Appointment of Mr. Sanmitra Trivedi as Independent Director

  • Special Resolution for appointment for 5-year term (8th May 2026 to 7th May 2031)
  • DIN: 02173317
  • Initially appointed as Additional Independent Director w.e.f. 8th May 2026

9. Appointment of Ms. Jalpa Anand Lavingia as Independent Director

  • Special Resolution for appointment for 5-year term (8th May 2026 to 7th May 2031)
  • DIN: 7969810
  • Initially appointed as Additional Independent Director w.e.f. 8th May 2026

10. Alteration of Memorandum of Association

  • Special Resolution to completely alter MOA objects clause
  • New objects focus on energy and infrastructure sectors including renewable energy, power projects, infrastructure development
  • Deletion of existing objects and substitution with new comprehensive objects

11. Shifting of Registered Office from Gujarat to Haryana

  • Special Resolution for shifting registered office
  • Requires approval of Regional Director, North Western Region, Ahmedabad

12. Change of Company Name

  • Special Resolution to change name from "SANGINITA CHEMICALS LIMITED" to "AGASTYA ENERGY AND INFRASTRUCTURE LIMITED"
  • Consequential alteration of MOA and AOA
  • CA certificate confirms compliance with Regulation 45(1) of SEBI LODR

Voting Process and Methods

  • Remote e-voting facility provided through CDSL
  • Voting period: From 9:00 AM IST on Tuesday, 4th August 2026 to 5:30 PM IST on Thursday, 6th August 2026
  • Cut-off date for eligibility: Friday, 31st July 2026
  • Physical attendance dispensed with, no proxy facility available
  • E-voting during meeting available for shareholders attending through VC/OAVM

Key Voting Details

  • Voting rights proportional to shares held as on 31st July 2026
  • Members can vote through:
  • CDSL/NSDL e-Voting system for demat holders
  • CDSL e-Voting website for physical shareholders
  • Scrutinizer: Mr. Puneet, Practicing Company Secretary (Membership No F10978, COP No 14912)

Scrutinizer's Role and Findings

  • Mr. Puneet appointed to scrutinize remote e-voting process
  • Will submit report to Chairman
  • Decision on validity of votes cast through e-voting shall be final
  • Results to be announced within 2 working days of EGM conclusion

Compliance with Laws and Regulations

  • Compliance with Companies Act, 2013 and SEBI LODR Regulations, 2015
  • Notice sent only by email to members as per MCA circulars
  • All resolutions comply with relevant sections of Companies Act
  • Certificate from Rakesh M & Associates Chartered Accountants confirms compliance with Regulation 45(1) for name change

Financial Information (Relevant to Director Appointments)

  • Revenue from Operations: ₹17645.81 Lacs
  • Profit/(Loss) before tax: (₹972.52) Lacs
  • Profit/(Loss) for the period: (₹968.73) Lacs
  • Earnings per equity share: (₹3.74)
  • Foreign investment: Subsidiary of BNG Investment LLC

Additional Information

  • Company CIN: L24100GJ2005PLC047292
  • The notice and related documents available on company website and CDSL website
  • Members can inspect documents at registered office during business hours