Ajanta Soya Ltd

MD: Sushil Kumar Goyal

• Nature: Re-appointment as Managing Director for three years.
• Effective from 26 July 2026 to 25 July 2029.
• Approved by members at the 35th AGM on 28 September 2026.
• Existing term expired on 25 July 2026.
• Profile: associated since 1992; over 27 years as MD.
• Relationship: father of Abhey Goyal, Whole-time Director.

WTD: Abhey Goyal

• Nature: Re-appointment as Whole-time Director for three years.
• Effective from 1 July 2026 to 30 June 2029.
• Approved by members at the 35th AGM on 28 September 2026.
• Term commences 1 July 2026 and ends 30 June 2029.
• Profile: postgraduate in Management and Finance; 17+ years' experience.
• Relationship: son of Sushil Kumar Goyal, Managing Director.

AGM details

• Date and time: 28 September 2026 at 12:30 IST, via VC/OAVM.
• Mode: VC/OAVM at deemed venue (registered office).
• Record date: 21 September 2026.
• Total shareholders on record: 37,442.
• Attendance via VC: Promoters 4, Public 318.

Resolutions and outcomes

• Resolution 1: Adoption of Audited Financial Statements; passed.
• Resolution 2: Appointment of Arun Tyagi replacement director; passed.
• Resolution 3: Ratify Cost Auditors' remuneration; passed.
• Resolution 4: Increase remuneration of related party Prachi Goyal; passed.
• Resolution 5: Re-appoint Sushil Kumar Goyal as Managing Director; passed.
• Resolution 6: Re-appoint Abhey Goyal as Whole-time Director; passed.

Dividend

• No dividend proposed or declared.

Director changes

• Arun Tyagi to be reappointed as director, retiring by rotation.
• Sushil Kumar Goyal to be re-appointed as Managing Director.
• Abhey Goyal to be re-appointed as Whole-time Director.

Auditors

• Cost Auditors' remuneration for FY 2026-27 ratified.

Related party transactions

• Remuneration increase to Prachi Goyal, related party.

Other material approvals

• No other material approvals reported (ESOPs, mergers, charter amendments).

AGM Details

• Date and time: 28 September 2026, 12:30 PM IST.
• Mode: VC and OAVM.
• Meeting duration: 12:30–1:27 PM IST.

Chair and Attendance

• Chairman: Sushil Kumar Goyal.
• Attendees: 322 Members via VC/OAVM.

Voting & Scrutiny

• Remote e-voting: 25–27 Sep 2026; cut-off 21 Sep 2026.
• Scrutinizer: Debabrata Deb Nath.

Auditor Reports

• Audit reports for FY 2025-26 had no qualifications.

Resolutions Process

• Resolutions to be voted electronically; no proposing or seconding due to VC/OAVM.

Ajanta Soya Limited — Trading Window Closed from 1 October 2026 until 48 hours after declaration of Unaudited Financial Results for Quarter and Half Year ended 30 September 2026

Overview

• Target: Ajanta Soya Limited; listed on BSE.
• Acquirers: Chander Kala Goyal and CKG Family Trust (Acquirer Trust).
• Promoter group: Acquirers are within promoter group; Acquirer Trust part of promoter group.

Pre-acquisition holdings

• Promoter group holding: 49.80% (4,00,80,614 shares) as on 19 Jun 2026.
• Public holding: 50.20% (4,04,02,376 shares).
• CAMWPL holds 11.18% (90,00,000 shares) in Ajanta Soya.
• Chander Kala Goyal holds 36.93% (2,97,21,877 shares).
• Total promoter holding (A): 49.80% (4,00,80,614 shares).

Proposed acquisition

• Phase I: Gift of 3,76,004 CAMWPL shares to Acquirer Trust.
• Phase I: CAMWPL indirectly 11.18% Ajanta Soya.
• Phase II: Acquirer Trust to acquire 48.11% Ajanta Soya; total 49.45%.
• Mode: gift and settlement; no consideration.
• Trust Deed executed April 20, 2026.
• Order date: July 30, 2026.

Post-acquisition holdings

• Acquirer Trust post-transaction: 3,08,00,457 shares; 38.27%.
• Public share: 4,04,02,376 shares; 50.20%.
• Total: 8,04,82,990 shares; 100%.

Capital structure

• Equity share capital: 8,04,82,990 shares; face value INR 2.
• Post-transaction capital remains unchanged.

Indirect acquisition via CAMWPL gift

• Target Company: Ajanta Soya Limited.
• Acquirer: Chander Kala Goyal, promoter group.
• Transaction Type: Indirect acquisition via gift of CAMWPL shares.
• Pre-holding in Target: CAMWPL held 90,00,000 shares, 11.18%.
• Acquired: 3,76,004 CAMWPL equity shares (51.02% of CAMWPL); off-market gift.
• Post-holding in Target: CAMWPL still 90,00,000 shares, 11.18%.
• Date: 15 September 2026.
• Share capital context: Before/After—Rs.16,09,65,980; 8,04,82,990 shares.
• Total diluted capital after: Rs.16,09,65,980; 8,04,82,990 shares.

Ratings details

• Long-term rating: BBB-/Stable; outlook revised from Positive; rating reaffirmed.
• Short-term rating: A3; reaffirmed.
• Total bank facilities rated: Rs 170 crore.
• Bank-wise facilities: SBI Rs 116 crore; HDFC Rs 50 crore.
• Proposed non-fund-based limits: Rs 4 crore.
• Rating letter valid till March 31, 2027.