Mohite Industries Ltd

Meeting Details

• Date: 14 August 2026, Time: 3:00 p.m.; Location: Registered Office.

Key Agenda Items

• Consider and record unaudited standalone and consolidated financial results for quarter ended 30 June 2026.

Other Notes

• Trading window closes from 1 July 2026 until 48 hours after results declaration.

Governance highlights

• New independent director Sangramsinh Subhashrao Nimbalkar appointed on 09-03-2026
• Board includes two independent directors: Nawandhar and Nimbalkar
• Regular chairperson appointed: Shivaji Ramchandra Mohite, Executive Director
• Audit Committee chaired by Nawandhar; Nimbalkar as member
• Board meetings held in quarter: 14-05-2026 and 30-05-2026
• Investor grievance report shows 0 complaints pending at quarter end
• Disclosures on acquisitions in unlisted companies: None
• Imposition of fines or penalties: None disclosed
• Ongoing tax litigations or disputes: No updates disclosed

Dematerialisation processing and listing

• Dematerialisation requests were processed and the securities listed on relevant stock exchanges.
• Physical certificates were mutilated and cancelled after verification, and the depository name updated as registered owner within timelines.

Price movement clarification

• Purpose: Responds to BSE inquiry on recent share-price movement.
• Discloses all price-sensitive events to BSE under SEBI LODR Regulation 30.
• Price movement deemed market-driven; company has no control or knowledge of the reasons.
• No information withheld that would impact scrip price per the filing.

Purpose

• Adjourned EGM approved three director resolutions for independent director appointments and reappointments.

Resolutions

• Special resolution: regularized Sangramsinh Subhashrao Nimbalkar as Non-Executive Independent Director for five years.
• Special resolution: reappointed Bhushan Madhukar Deshpande as Independent Director for a second five-year term until 23 October 2030.
• Special resolution: reappointed Nikhil Vijay Nawandhar as Independent Director for a second five-year term until 23 October 2030.
• Bhushan Deshpande and Nikhil Nawandhar may receive fees, remuneration, and profit-related commission as approved by the Board.

Outcome

• All three special resolutions were approved with the requisite majority.

Board Changes

• Sangramsinh Nimbalkar was appointed from 9 March 2026 as an independent director, not liable to retire by rotation.

Governance Impact

• The meeting strengthened board continuity through three independent director appointments and reappointments.

Board Changes

• Mr. Annasaheb Dhondiba More resigned as Independent Director and Audit Committee member effective March 9, 2026, due to personal reasons.
• Mr. Sangramsinh Subhashrao Nimbalkar appointed as Additional Independent Director effective March 9, 2026, subject to shareholder approval.
• Mr. Nimbalkar’s term is five consecutive years; he holds a diploma in civil engineering with 30+ years in government industrial construction.
• Mr. Nimbalkar is not related to any existing directors or key managerial personnel and is not debarred by SEBI or other authorities.