Neelkanth Ltd

Book closure & AGM

• Book closure period for the AGM: Sep 15, 2026 to Sep 21, 2026 (inclusive).
• Purpose: book closure to facilitate the 46th Annual General Meeting.
• Cut-off date for voting eligibility via remote e-voting: Sep 14, 2026.
• Date of AGM: Sep 21, 2026 at 11:15 AM IST via VC/OAVM.
• Security: equity shares.
• E-voting period: Sep 18, 2026 9:00 AM to Sep 20, 2026 5:00 PM.

Dematerialisation status

• Dematerialisation requests for the quarter ended 30 June 2026 were confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within timelines.
• No rematerialisation requests were received.

Financial results approved

• Audited financial results approved for quarter and year ended March 31, 2026.
• Approved cash flow statement and balance sheet as of March 31, 2026.
• Auditors' report received for the audited results.

Audit opinion

• Company declared unmodified opinion on the auditors' report for FY2026 results.

Resignation

• Mr. Yogesh Dawda resigned as Chairman, Whole-time Director and CEO, effective April 21, 2026.
• He cited personal commitments and pre-occupation.
• He confirmed no other material reasons were stated beyond those mentioned.

Appointment

• Mr. Bhavik Bhimjyani was appointed Additional Director and Chairman & Managing Director, subject to member approval.
• Appointment is for five years from April 21, 2026 to April 20, 2031.
• He is the promoter and holds a graduate degree and MBA from Wharton.
• He is not related to any directors or key managerial personnel.
• The company stated he is not debarred from holding directorship.
• Board composition remains compliant with Companies Act and SEBI Listing Regulations.

Articles amendment

• The board approved an amendment to the Articles of Association, subject to member approval.
• New Article 58A would allow one person to be Chairperson and Managing Director or CEO.
• The change is intended to provide leadership flexibility.

Postal ballot and scrutinizer

• The board approved a postal ballot notice for the proposed articles amendment and appointments.
• CS Hemanshu Upadhyay of M/s HRU & Associates was appointed scrutinizer for e-voting.

KMP structure

• The company said the key managerial personnel structure changed after the resignation and appointment.
• Mr. Bhavik Bhimjyani was named authorized KMP for materiality and disclosure purposes.

CEO resignation

• Mr. Yogesh Dawda resigned as Chairman, Wholetime Director and CEO.
• Resignation was effective from close of business on April 21, 2026.
• He cited personal commitments and pre-occupation as the reason.
• The resignation was voluntary.
• He ceased to be a Key Managerial Personnel on resignation.

Succession

• Mr. Bhavik Bhimjyani was appointed Additional Director and Chairman & Managing Director.
• His appointment is subject to shareholder approval.
• He will serve a five-year term from April 21, 2026 to April 20, 2031.
• The company said the KMP structure changed after the resignation and appointment.
• Mr. Bhavik Bhimjyani is not related to any directors or KMPs.

Resignation

• Mr. Yogesh Dawda resigned as Chairman, Whole-time Director and CEO of Neelkanth Limited.
• He was a Whole-time Director and Chief Executive Officer, and also served as Chairman.
• Resignation was effective from close of business on April 21, 2026.
• He cited personal commitments and pre-occupation as the reason for resignation.
• The filing states no other material reasons were disclosed beyond the stated reason.
• His resignation changed the company's key managerial personnel structure.
• The resignation was not stated to require shareholder or regulatory approval to take effect.