Sapphire Foods 17th AGM Approves Director Reappointments

Meeting Type: 17th Annual General Meeting (AGM)
Date: Tuesday, 21st July 2026
Time: Commenced at 5:00 P.M. (IST), concluded at 6:03 P.M. (IST)
Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) facility provided by MUFG Intime India Private Limited

The following ordinary and special business resolutions were proposed for shareholder approval:

Ordinary Business:

Item 2: Adoption of Standalone and Consolidated Financial Statements for the financial year ended 31st March 2026, together with Reports of the Board of Directors and Auditors.
Item 3: Re-appointment of Mr. Vijay Jain (DIN: 11129200), who retires by rotation under Section 152 of the Companies Act, 2013.
Item 4: Re-appointment of Mr. Kabir Thakur (DIN: 08422362), who retires by rotation under Section 152 of the Companies Act, 2013.

Special Business:

Item 5: Re-appointment of Mr. Sanjay Purohit (DIN: 00117676) as Whole-time Director & Group CEO and approval of his terms, conditions, and remuneration.
Item 6: Re-appointment of Mr. Sunil Chandiramani (DIN: 00524035) as Chairman and Independent Director for a second term and approval of his remuneration.
Item 7: Re-appointment of Ms. Deepa Wadhwa (DIN: 07862942) as Independent Director for a second term and approval of her remuneration.
Item 8: Re-appointment of Ms. Anu Aggarwal (DIN: 07301689) as Independent Director for a second term.
Item 9: Continuation of appointment of Mr. Sumeet Narang (DIN: 01874599) as Non-Executive Nominee Director.
Item 10: Appointment of Mr. Vikram Agarwal (DIN: 03038370) as Non-Executive Nominee Director.

The company provided remote e-voting and e-voting during the AGM facility.
Remote e-voting period: Available from 9:00 a.m. on Friday, 17th July 2026, until 5:00 p.m. on Monday, 20th July 2026.
Members present at the AGM through video conferencing who had not voted via remote e-voting were eligible to vote through the e-voting system during the meeting.
The e-voting facility was kept open for an additional 15 minutes during the AGM to allow such members to cast their votes.

The document states that the combined results of remote e-voting and e-voting during the AGM will be declared within prescribed timelines based on the Scrutinizer's Report.
These results will be published on the Company's website, MUFG Intime website, and the websites of National Stock Exchange of India Limited and BSE Limited.
Specific vote counts, percentages, or category-wise participation breakdowns are not provided in this summary and are pending the Scrutinizer's final report.

Mr. Alwyn D'souza, representing M/s. Alwyn D'Souza & Co., Practising Company Secretaries, was appointed to supervise the entire e-voting process.
The Scrutinizer is responsible for compiling the results and submitting a report.

The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI regarding virtual meetings.
The Notice of the AGM and Annual Report for FY 2025-26 were sent via email to shareholders with registered email IDs on 27th June 2026.
For shareholders without registered email addresses, a letter containing a weblink to access the Annual Report was sent.
The company received representations under Section 113 of the Companies Act, 2013, including from promoter & promoter group shareholders.
It was confirmed that there were no qualifications or adverse remarks in the Statutory Auditors' Report or the Secretarial Audit Report.

Mr. Sunil Chandiramani, Independent Director and Chairman of the Board, chaired the meeting.
Management presentations were given by Mr. Sanjay Purohit (Whole-time Director & Group CEO) on company performance and outlook, and by Mr. Vijay Jain (Executive Director & CFO) during the Q&A session.
A speaker shareholder session was held where management responded to queries.
The company's Statutory Auditors (M/s. Deloitte Haskins & Sells, represented by Mr. Mukesh Jain and Mr. Raj Mehta) and Secretarial Auditor (Mr. Alwyn D'souza) attended the meeting.
Quorum requirements for the AGM were met.