Sanginita Chemicals Open Offer for 26% Equity

Date: 9th June, 2026

Open offer by B N G Investment LLC (Acquirer 1) and Mr. Anubhav Agarwal (Acquirer 2) to acquire 1,56,89,957 equity shares of Sanginita Chemicals Limited
Offer price: ₹13.55 per equity share (face value ₹10 each) payable in cash
Represents 26% of emerging fully diluted voting equity share capital of 6,03,45,986 shares
Offer made pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and amendments
Pre-offer advertisement published on 9th June, 2026 in Financial Express (English), Jansatta (Hindi), Pratahkal (Mumbai), and Chanchal (Gandhinagar)

Mrs. Hansaben Dineshsinh Chavada (DIN: 00479509), Non-executive Non-Independent Director - resigned w.e.f. close of business hours on June 05, 2026
Mr. Vijaysinh Dineshsinh Chavda (DIN: 00479413), Whole Time Director - resigned w.e.f. close of business hours on June 05, 2026
Mr. Dineshsinh Bhimsinh Chavada (DIN: 01497977), Non-executive Non-Independent Director - resigned w.e.f. close of business hours on June 05, 2026
Mr. Faiyazkhan Yusufkhan Pathan (DIN: 07702208), Non-Executive Independent Director - resigned w.e.f. close of business hours on May 08, 2026
Ms. Saroj Ghanshyam Jagetia, Company Secretary and Compliance Officer - resigned w.e.f. April 04, 2026

Mr. Anubhav Agarwal (DIN: 02809290) - Additional Non-Executive Non-Independent Director appointed w.e.f. June 05, 2026
Mr. Gaurav Kumar Tripathi (DIN: 06372272) - Whole Time Director appointed w.e.f. June 05, 2026
Mr. Piyush Bichhoriya (DIN: 10894714) - Additional Non-Executive Non-Independent Director appointed w.e.f. June 05, 2026
Mr. Sanmitra Trivedi (DIN: 02173317) - Additional Non-Executive Independent Director appointed w.e.f. May 08, 2026
Mrs. Jalpa Anand Lavingia (DIN: 07969810) - Additional Non-Executive Independent Director appointed w.e.f. May 08, 2026
Ms. Nidhi Dixit - appointed as Company Secretary and Compliance Officer w.e.f. June 05, 2026

Mr. Pramodsinh Dabhi (DIN: 08441361) - Non-Executive Independent Director (since May 11, 2019)
Mr. Jagdishkumar Vajaji Thakor (DIN: 07702521) - Non-Executive Independent Director (since January 10, 2017)

Preferential issue of 3,44,44,436 Equity Shares approved by shareholders in Extraordinary General Meeting held on April 11, 2026
National Stock Exchange of India Limited granted in-principle approval vide letter dated June 03, 2026

Offer is not conditional upon any minimum level of acceptance
No competing offer received
Committee of Independent Directors found the offer fair and reasonable
Acquirers have right to withdraw offer under specific conditions including refusal of statutory approvals, death of natural person acquirer, or conditions outside reasonable control

Physical share holders can tender shares as per SEBI Master circular reference SEBI/HO/CFD/PoD-1/P/CIR/2023/31 dated February 16, 2023
Demat share holders can tender through their Selling Broker
Procedure provided for shareholders who haven't received Letter of Offer

Notice dated June 08, 2026 regarding transfer of unclaimed dividend shares to IEPF Demat Account
Shares with dividends unclaimed for seven consecutive years since FY 2018-19 to be transferred by September 16, 2026
Shareholders can claim shares before September 09, 2026 for Final Dividend

Special window for physical share transfer and dematerialization from February 05, 2026 to February 04, 2027
Only for shares bought/sold before April 01, 2019
Transferred securities will have 1-year lock-in period

17th Annual General Meeting to be held on Tuesday, June 30, 2026 at 11:30 AM through video conferencing
E-voting period from Saturday, June 27, 2026 (9:00 AM) to Monday, June 29, 2026 (5:00 PM)
Record date for final dividend: Monday, June 22, 2026