Hemo Organic Ltd

AGM Details

• 34th AGM on Sep 8, 2026 at 3:00 PM IST via VC/OAVM.
• Record date for voting: Sep 1, 2026.
• Remote e-voting: Sep 5–7, 2026.
• Book closure: Sep 1–8, 2026 (inclusive).

Resolutions Put to Vote (Ordinary)

• Adoption of audited financial statements and reports thereon.
• Re-appointment of Murlidhar Joshi as Director retiring by rotation.
• Appointment of M/s V S S B & Associates as Auditors for five years; remuneration to be fixed.

Voting Results

• Voting results to be announced after Scrutinizer’s report.
• Scrutinizer appointed to oversee the electronic voting process.

Dividend

• No dividend proposed or declared for FY2025-26.

Director & KMP Changes

• Deepak Rochani appointed Additional Non-Executive Independent Director on June 27, 2025.
• Regularized by shareholders as Director on Sep 29, 2025.
• Resigned as Non-Executive Independent Director on Mar 31, 2026.
• Murlidhar Joshi to be reappointed as Director retiring by rotation.
• Garima Dineshkumar Jain resigned as Company Secretary on Jun 23, 2025.
• Yukta Prakash Patel appointed Company Secretary on Jun 27, 2025.

Auditor Appointments

• Previous auditor M/s M A A K & Associates ceased post AGM.
• M/s V S S B & Associates appointed Statutory Auditors for five years.
• Remuneration to be fixed by Audit Committee/Board.

Material Related Party Transactions

• Related party transactions with KMP are at arm’s length and in the ordinary course.
• RPT disclosures filed with stock exchanges; RPT policy on company website.

Other Material Approvals

• 33rd AGM: Regularize Rochani as Non-Executive Director; borrowing limits; sale of undertakings; loans to Directors.
• EGM (Jan 7, 2026): increase in authorised share capital.
• EGM: issue of warrants to non-promoter category on a preferential basis.
• EGM: in-principal approval for warrants from BSE; allotment of 3,400,000 warrants to non-promoter category.
• EGM: shift registered office within the same city; Rochani resignation from NED.

Auditor retirement

• Statutory Auditor: M/s M A A K & Associates, Chartered Accountants (FRN 135024W).
• Reason: Completion of tenure under Companies Act, 2013; maximum permissible tenure reached.
• Effective date: From the conclusion of the 34th AGM, 8 September 2026.
• Not eligible for re-appointment for a further term.

Proceeds utilization & results filing

• Date of allotment: 26 February 2026.
• Upfront proceeds received: Rs 106.25 lakh (25%).
• 34,00,000 warrants issued at Rs 12.50 each.
• Working Capital upfront allocation: Rs 79.69 lakh.
• General Corporate upfront allocation: Rs 26.56 lakh.
• Utilised till 30 June 2026: Working Capital Rs 79.69 lakh.
• Utilised till 30 June 2026: General Corporate Rs 25.71 lakh.
• Total unutilised funds as of 30 June 2026: Rs 0.85 lakh.
• Balance 75% of issue price payable on exercise/conversion.
• Warrants exercisable within 18 months from allotment.
• Allotment to Non-Promoter investors.
• Un-audited financial results for quarter ended 30 June 2026 submitted.

Audit confirmation

• Audit Committee reviewed the deviation statement on 15 July 2026.
• Auditors MAAK & Associates certify no deviation in utilization.

Board actions

• Board approved unaudited quarterly results for quarter ended 30 June 2026, with Limited Review Report.
• Results prepared under Regulation 33 of SEBI LODR.
• Meeting held on 15 July 2026, from 04:00 PM to 05:15 PM.
• Board also transacted other business as per circulated agenda.

Meeting Details

• Board meeting scheduled for 15 July 2026 at 4:00 p.m.; location not disclosed.

Key Agenda Items

• Consider and approve unaudited quarterly results for quarter ended 30 June 2026, with Limited Review Report.
• To transact other business as per circulated agenda.

Other Notes

• Trading window closure periods not disclosed.

Dematerialisation processing and certificate handling

• Securities received for dematerialisation were processed and confirmed to depositories.
• Dematerialised securities have been listed on the stock exchanges where the earlier securities are listed.
• Physical certificates were mutilated and cancelled after verification; the depository's name was substituted within 15 days.