Date: 29th June, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results

Not Specified

Auditor’s Report

Not Specified

Disinvestment / Strategic Actions

  • BNG Investment LLC completed transactions contemplated in Share Swap and Share Purchase Agreement dated 20th March, 2026 on 29th June, 2026
  • Date of actual transfer of equity shares from promoters to Acquirer: 29th June, 2026
  • Date of taking control of Target Entity by Acquirers: 29th June, 2026
  • Previous transfer disclosed: Sanginita Industries LLP transferred equity shares to Mr. Anubhav Agarwal on 24th June, 2026 (disclosed via letter dated 25th June, 2026)

Other Operational / Legal / Strategic Disclosures

Promoter Reclassification Details

Four individuals reclassified from "Promoter/Promoter Group" to "Public" category:

1. Dineshsinh Chavada - From Promoter to Public

2. Vijaysinh Bhimsinh Dineshsinh Chavda - From Promoter to Public

3. Hansaben Dineshsinh Chavada - From Promoter Group to Public

4. Anita Ravindrasinh Aswar - From Promoter Group to Public

Regulatory Compliance Confirmations

In accordance with Regulation 31A(3)(b) of SEBI LODR Regulations, the promoters confirm:

  • They do not together hold more than ten percent of total voting rights in the Target Company
  • They do not exercise control over affairs of Target Company directly or indirectly
  • They have no special rights through formal or informal arrangements including shareholder agreements
  • They are not represented on board of directors (including no nominee director)
  • They do not act as key managerial personnel in Target Company
  • They are not wilful defaulters per RBI Guidelines or fugitive economic offenders

In accordance with Regulation 31A(3)(c) of SEBI LODR Regulations, the company confirms:

  • Trading in shares is not suspended by stock exchange
  • No outstanding dues to SEBI, stock exchange, or any depositories

Outcome

  • BNG Investment LLC classified as new 'Promoters' of Sanginita Chemicals Limited
  • Above-mentioned persons reclassified into "Public Category" with immediate effect
  • Reclassification pursuant to Open Offer referenced in Draft Letter of Offer dated 8th April, 2026