Anand Rayons Ltd

Promoter group share purchase disclosure

• Disclosure under SEBI PIT Regulations 2015 Reg 7(2) submitted for promoter group share purchases.

Event overview

• Board approved forfeiture of unexercised warrants issued on a preferential basis.
• Total warrants allotted: 88,62,000; issue price Rs 78 per warrant; upfront 25% paid.
• Warrant exercise period was 18 months from allotment.
• Warrants forfeiture approved due to non-exercise.

Financial impact

• Forfeited upfront consideration: Rs 37,797,513.
• Warrants exercised: 6,923,666; lapsed: 1,938,334.

Capital structure & governance

• No change in equity capital structure due to forfeiture.
• Board meeting held Sep 28, 2026; Annexure A provides details.

Anand Rayons Limited: Trading Window closed from October 01, 2026 until the end of 48 hours after declaration of financial results for the quarter and half year ended 30 September 2026

AGM details

• AGM held on 24 Sept 2026 at 3:00 PM IST via VC/OAVM.
• Remote e-voting window opened 21 Sept 2026 9:00 AM to 23 Sept 2026 5:00 PM.
• Cut-off date for eligibility: 16 Sept 2026.
• Scrutinizer report submitted; voting concluded at 3:09 PM.

Resolutions and outcomes

• Resolution 1 (Ordinary): Adopt financials, balance sheet, P&L, cash flows, and auditors’ report; passed.
• Resolution 2 (Ordinary): Re-appoint Jigisha Chorawala by rotation; passed with negligible opposition.
• Resolution 3 (Special): Re-appoint Anil Merchant as Independent Director for second 5-year term; passed.
• Resolution 4 (Ordinary): Re-appoint Anand Bakshi as Managing Director for two years; passed.
• Resolution 5 (Special): Re-appoint Shilpa Anand Bakshi as Wholetime Director for two years; passed.
• Resolution 6 (Special): Re-appoint Pankesh Patel as Independent Director for second 5-year term; passed.
• Resolution 7 (Special): Increase authorised share capital and alter MOA capital clause; passed.

Director changes and other approvals

• Jigisha Chorawala re-appointed by rotation.
• Anil Merchant appointed Independent Director for second term.
• Anand Bakshi appointed Managing Director for two years.
• Shilpa Anand Bakshi appointed Wholetime Director for two years.
• Pankesh Patel appointed Independent Director for second term.
• MOA capital clause altered; authorised share capital increased.

AGM Details

• AGM held through VC/OAVM at 03:00 PM IST; concluded 03:09 PM.
• Quorum via VC; meeting live-streamed.

Ordinary Business

• Adopted audited standalone financial statements and reports.
• Re-appointment by rotation of director.

Special Business

• Re-appointment of independent director for a second five-year term.
• Re-appointment of managing director for a two-year term.
• Re-appointment of wholetime director for a two-year term.
• Increase authorised share capital and amend MOA's capital clause.

Voting & Proceedings

• All ordinary and special resolutions were approved by members.
• E-voting results to be announced and uploaded on the company website.

Promoter disclosure submission

• Promoter group disclosures received on purchases under Regulation 7(2) and 6(2) of SEBI PIT Regulations, 2015.

AGM Details

• AGM date/time: 24 September 2026, 3:00 PM, via VC/OAVM.
• Register of Members closed 17–24 September 2026.
• Remote e-voting: 21 Sep 2026, 9:00 AM to 23 Sep 2026, 5:00 PM IST.
• E-voting cut-off: 16 September 2026.

Resolutions

• Ordinary: Adopt financial statements for the year ended 31 March 2026.
• Ordinary: Re-appoint Jigisha Chorawala by rotation.
• Special: Re-appoint Anil Merchant as Independent Director for second five-year term from 1 Dec 2026.
• Ordinary: Re-appoint Anand Bakshi as Managing Director for 2 years from 20 Sep 2026.
• Special: Re-appoint Shilpa Anand Bakshi as Whole-time Director for 2 years from 20 Sep 2026.
• Special: Re-appoint Pankesh Patel as Independent Director for second five-year term from 15 Feb 2027.
• Ordinary: Increase Authorised Share Capital and amend MOA to ₹45 crore and 4,50,00,000 shares.

Voting & Post-AGM

• Voting results: To be declared after AGM via Scrutinizer’s report.
• Scrutinizer to submit report within two days post-AGM.

Key resolutions

• 8th AGM to be held on 24 September 2026 at 03:00 PM via VC/OAVM.
• Register of Members and Share Transfer Book closed 17 Sep to 24 Sep 2026.
• Independent director re-appointments: Anil Merchant for a second 5-year term.
• Independent director re-appointments: Pankesh Patel for a second 5-year term.
• Re-appointment of Anand Bakshi as Managing Director for 2-year term.
• Re-appointment of Shilpa Anand Bakshi as Wholetime Director for 2-year term.
• Appointment of Jitendrakumar Rewashankar Rawal as Scrutinizer for AGM.
• Notice of 8th AGM and Annual Report for FY 25-26.
• Increase in authorized capital by Rs 10 crores.

Meeting Details

• Date: August 31, 2026; Time: 12:30 PM; Venue: registered office.

Key Agenda Items

• Book closure date, time and venue for the 8th AGM and related matters.
• Approval of Annual Report and Notice for the year ended 31 March 2026.
• Re-appointment of Anil Merchant as Independent Director for a second 5-year term.
• Re-appointment of Pankesh Patel as Independent Director for a second 5-year term.
• Re-appointment of Anand Bakshi as Managing Director for 2 years.
• Re-appointment of Shilpa Anand Bakshi as Wholetime Director for 2 years.
• Increase in Authorized share capital of the company.

Other Notes

• Trading window closure periods are not disclosed in this filing.