Agribio Spirits Ltd

AGM Details

• Date and time: 30 September 2026, 11:30 AM to 12:30 PM.
• Mode: Physical meeting at Jaipur with remote e-voting.
• Quorum: 18 members attended.
• Remote e-voting window: 27–29 September 2026.
• Scrutinizer appointed: Arun Kumar Shrivastav.

Resolutions & outcomes

• Adoption of standalone and consolidated financial statements for FY 2025-26.
• Final dividend declared: Rs 0.30 per share (3%).
• Re-appointment of Puja Bajoria by rotation.
• All resolutions passed with requisite majority.

Governance & process

• Statutory auditor attended; no auditor appointment changes disclosed.
• Voting: remote e-voting and physical ballot voting available at AGM.

Agribio Spirits Limited (Formerly Beekay Niryat Limited) trading window closed from October 01, 2026 till Forty-Eight (48) hours after the declaration of the Financial Results for the quarter ending September 30, 2026

Overview

• Merger by absorption between two promoter-group entities; transfer of assets and liabilities; transferor to dissolve

Purpose & Rationale

• Consolidate liquor business under a single entity; unlock synergies, reduce costs, strengthen market position

Key Terms & Structure

• Nature: Merger by absorption; Appointed Date: 01 Oct 2024; Effective Date pending NCLT sanction
• Related party: promoter-group; arm's-length oversight via independent valuation and fairness opinion
• Approvals: NCLT sanction; SEBI/BSE approvals; BSE observation letter received
• Swap ratio and structure: 85 ASL per 100 ABIL; 97 NCRPS per 100 ABIL
• Capital: new authorized Rs 42 crore; equity Rs 29.5 crore; NCRPS Rs 12.5 crore
• Post-merger equity: ASL to issue 2,14,14,433 equity shares; promoter 71.16%; public 28.84%
• Post-merger assets: ABIL assets Rs 29643.84 lakh; ABIL liabilities Rs 16063.57 lakh
• Inter-company balances extinguished; cross-holding restructured

Financial Impact

• Assets transferred; liabilities moved; inter-company balances extinguished
• Share swap ratio detailed earlier; large capitalization shifts
• Post-merger equity and NCRPS to be issued; capitalization adjusted

Stakeholder Impact

• Shareholders: ABIL holders receive ASL equity and NCRPS; promoter cross-holdings vanish
• Creditors: Liabilities transferred; lenders issue NOCs; facilities continue
• Employees: ABIL staff move to ASL; continuity of service assured
• Listing: ASL to list new equity; NCRPS not listed

Status & Next Steps

• Status: NCLT sanction pending; BSE observation letter dated Feb 2026
• Meeting date: Oct 24, 2026; ROC filing after sanction
• Need approvals from regulators; final steps post-meeting

Appointment details

• Priya Rohira appointed as Whole Time Company Secretary and Compliance Officer (KMP) effective September 10, 2026.
• She is an ICSI member with ACS No. 81614.
• Board approved appointment on recommendation of Nomination and Remuneration Committee.
• No relationships with directors or promoters disclosed.
• Designation as KMP provides governance authority for secretarial functions.

Subsidiary production commencement

• Solkit Distillery and Brewery Private Limited, wholly owned by Agribio Spirits Ltd, commenced production.
• Manufacturing facility located at B188A, Mewar Industrial Area, Road No.5, Udaipur, Rajasthan 313003.
• Effective from September 9, 2026.
• Regulatory basis: Regulation 30 of LODR.
• Milestone for subsidiary's manufacturing expansion and group growth.
• Expected to strengthen group manufacturing capabilities and support future growth.

AGM notice and AR access

• 51st AGM scheduled for September 30, 2026 at 11:30 AM in Jaipur.
• Annual Report FY2025-26 available online via the company website.
• Web link path provided for shareholders without registered emails.
• Exact path to the AR: https://www.agribiospirits.co.in/images/NOTICE%20AND%20ANNUAL%20REPORT%202025-26.pdf.
• Notice mentions updating email addresses to receive notices and documents.

KYC, dematerialisation and SEBI reminders

• Reminder to update KYC details under SEBI circular 2024-37.
• SEBI mandates PAN, address, mobile, bank details, signature, and nomination data for physical holders.
• Electronics payments will be required for physical folios from April 1, 2024.
• Shareholders with physical shares urged to update email to receive online services.
• Formats for nomination and KYC updates are available on the company's website.

Book closure and AGM dates

• Book closure from Sep 24, 2026 to Sep 30, 2026 (both days inclusive).
• Purpose: Annual General Meeting.
• AGM date: Sep 30, 2026 at 11:30 AM; security: equity shares.
• Cut-off for determining members entitled to receive the AGM notice: Aug 21, 2026.
• Cut-off for voting entitlement: Sep 23, 2026.
• Record date for final dividend: Sep 23, 2026.
• Dividend: Final dividend ₹0.30 per share.
• Remote e-voting period: opens Sep 27, 2026 09:00 AM to Sep 29, 2026 05:00 PM.