Hemang Resources Ltd

Appointment of Secretarial Auditor

• Shareholders approved appointment of M/s Ajit Jain & Co. as Secretarial Auditor for five years (FY2025-26 to FY2029-30).
• Audit firm: M/s Ajit Jain & Co., Practising Company Secretaries; led by CS Ajit Jain, based in Indore.

Appointment of Kriti Bhandari

• Type of change: Appointment of Kriti Bhandari as Non-Executive Independent Director.
• Effective date and term: 29 Sep 2026 to 28 Sep 2031 (five years).
• Reason: Shareholders approved at the 33rd AGM on 29 Sep 2026.
• Profile: Expertise in corporate law, governance, compliance and regulatory matters.
• Relationships: Not related to existing directors.
• Compliance: Not debarred from holding director office; verified.

AGM Details

• 33rd AGM held on 29 September 2026 at 12:00 Noon IST via VC/OAVM.
• Voting results submitted in prescribed format per Regulation 44.

Director tenure update

• Mr. Nikhil Dhanotiya ceased as Non-Executive Independent Director on 29 Sep 2026.
• Cessation follows completion of his second consecutive term under Companies Act 2013.
• Cessation effective at closing hours of 29 Sep 2026.
• Board expresses appreciation for his long and valued association.
• Annexure A provides SEBI disclosure details per listing regulations.

agm details

• AGM held on 29 September 2026 at 12:00 noon IST via VC/OAVM.
• Deemed venue: registered office in Chennai.
• Total members present: 24.
• Remote e-voting conducted 26-28 Sep; 15 minutes post-AGM.

resolutions

• Ordinary: adopt standalone financial statements for FY2026.
• Ordinary: re-appoint Komal Jitendra Thakker by rotation.
• Special: appoint Ajit Jain & Co. as Secretarial Auditors.
• Special: appoint Kriti Bhandari as Independent Director.

voting status

• Results not declared at the time; to be announced after Scrutinizer's report.
• Subject to requisite majority, resolutions deemed passed on AGM date.
• Results to be uploaded on the company website.

appointments & secretaries

• Secretarial Auditor appointment: Ajit Jain & Co.
• Independent Director appointment: Kriti Bhandari.

other material

• No dividend proposal disclosed.
• No material related-party transactions disclosed.

Hemang Resources Limited – Trading window closure from 01 October 2026 for the unaudited results of the quarter and half-year ended 30 September 2026, until the expiry of 48 hours after declaration.

AGM details

• Date: 29 September 2026; Time: 12:00 IST; Mode: VC/OAVM.

Record/e-voting window

• Record date: 22 September 2026.
• EVoting window: 26-28 September 2026, 9:00 AM–5:00 PM.
• Attendance cap: 1000 members on first-come basis.

Key resolutions

• Ordinary: Adopt standalone financial statements and reports.
• Ordinary: Re-appoint Komal Jitendra Thakker as Director.
• Ordinary: Appoint Ajit Jain & Co. as Secretarial Auditors for five years.
• Special: Appoint Kriti Bhandari as Independent Director for five years.

Director changes

• Ms Komal Jitendra Thakker to be re-appointed as Director.
• Ms Kriti Bhandari to be Independent Director for five years.

Auditors

• Secretarial Auditor: Ajit Jain & Co. appointed for FY2025-26 to FY2029-30.

Corrigendum

• Tenure of Kriti Bhandari corrected to five years (Sept 29, 2026–Sept 28, 2031).

Voting outcomes

• Voting results not disclosed in this filing.

AGM corrigendum

• Corrigendum fixes Independent Director Kriti Bhandari tenure to five years.
• Integral part of AGM Notice and Annual Report.
• Corrigendum available on company website and submitted to BSE.
• AGM scheduled for 29 September 2026 via VC/OAVM.

Financial highlights

• Total revenue for 2025-26: ₹887.63 lakh.
• Revenue from operations: ₹808.08 lakh, down 8.19% YoY.
• PBT: ₹-54.18 lakh; PAT: ₹-42.92 lakh.
• Total expenses ₹941.81 lakh, up 5.75% YoY.
• Dividend declared: none.

Revenue mix and segments

• Imported coal revenue rose to ₹714.37 lakh, about 88% of operations revenue.
• Sale of land revenue declined to ₹86.10 lakh.
• Coal Trading turnover ₹721.98 lakh; Infrastructure ₹86.10 lakh.
• Segment assets: Coal ₹2226.33 lakh; Infrastructure ₹151.20 lakh.

Governance and board

• Board size: 3 directors; 1 Whole-Time Director and 2 Independent Directors.
• Audit Committee meetings: 5; Chair: Nikhil Dhanotiya.
• Secretarial Auditor: Ajit Jain & Co.; MR-3 annexed with no qualifications.
• CSR Committee: 3 members; 1 meeting during year.
• Annual Corporate Governance certificate and secretarial compliance filed.

CSR initiatives

• CSR policy on website; CSR expenditure ₹6,00,000 for FY25-26.
• CSR obligation per Section 135(5) ₹5,71,590.
• Average net profit (three-year) ₹2,85,79,484; CSR obligation ₹5,71,590.
• CSR activity: Sri Ramagopal Charitable Trust.

Shareholding and dematerialisation

• Dematerialised shares: 98.56% as of 31 Mar 2026.
• Promoter group holds 63.65% of equity.
• Total equity shares: 13.20 million; 4,835 holders.

Outlook and risks

• Outlook: coal trading remains favorable; domestic production rising; imports remain relevant.
• Key risks: commodity prices, FX, inventory, regulatory, logistics.