Samyak International Ltd

Resolution plan status

• Samyak International Limited declared Successful Resolution Applicant in CIRP of Shree Uttam Food Products (India) Pvt Ltd
• Final Resolution Plan submitted on 23 July 2026 under the RFRP
• CoC approved the plan on 25 September 2026 with requisite majority under IBC
• No financial figures disclosed in filing

Samyak International Ltd — Trading window closed from Oct 1, 2026 till 48 hours after declaration of the Unaudited Standalone & Consolidated Financial Results for the quarter and half year ended Sep 30, 2026.

Financial performance

• Standalone revenue from operations: 2063.13 L, up from 1472.38 L.
• Standalone total income: 2088.94 L; expenses 2181.51 L; PAT -155.89 L.
• Consolidated revenue from operations: 4225.98 L; total income 4561.85 L; expenses 4565.35 L.
• Consolidated PAT: 24.45 L; EPS 0.31 Rs.
• Dividend for FY2025-26 not recommended.
• Standalone loss after tax Rs -155.89 L; consolidated profit after tax Rs 24.45 L.
• Paid-up equity capital: Rs 7.997 Cr; Authorized capital increased to Rs 25 Cr.
• 27% of shares are in dematerialised form as at 31.03.2026.

Capital structure & capital allocation

• Authorised share capital increased from Rs 16 Cr to Rs 25 Cr.
• Paid-up equity capital as of 31.03.2026: Rs 7.997 Cr.
• Post-year-end: private placement of 40 L equity shares and 40 L warrants approved (07/09/2026).
• Dematerialisation level stood at 84.27%.

Business developments & strategy

• Board approved alteration of MOA to permit new main objects: packaging, infrastructure, foods & edible oil.
• MOA Clause V updated to Rs 25 Crore authorised capital.
• 32nd AGM to be held via VC/OAVM on 30 Sept 2026; Alpha Tar divestment via postal ballot approved.
• Board identifies opportunities in packaging, infrastructure, and edible oil trading.

Governance & board

• Board consists of six directors; three independent; CFO Neha Jain on board.
• Audit Committee chaired by Kriti Bhandari; other members Ankit Joshi and Ragini Chaturvedi.
• Secretarial audit by Ajit Jain & Co.; delay in standalone Q4 FY25 filing noted.
• Directors’ declarations of independence and non-disqualification filed.

Subsidiaries & related-party transactions

• DMRPPL ceased to be a subsidiary on 19.02.2026; Keti Highway Developers 72.23% subsidiary.
• Alpha Tar Industries 99.80% subsidiary until 07.01.2026; Aadi Chemtrade Ltd is an associate (27.84%).
• Related party transactions disclosed; arm's length and in ordinary course.

Audit & internal controls

• Statutory Auditor: Ashok Khasgiwala & Co. LLP; five-year term with no qualifications.
• Internal audit by M/s. M. L. Vishwakarma; internal controls deemed adequate.
• Secretarial audit: Ajit Jain & Co.; delay in 2025 results noted; compliance framework in place.

Outlook & risks

• MD&A highlights gradual recovery in Indian chemical sector with growth in packaging and infrastructure.
• Outlook remains positive for 2026-27 despite macro risks; focus on diversification.
• Risks include energy costs, supply-chain shifts, and commodity price volatility.

AGM Details

• 32nd AGM on 30 Sep 2026 at 5:00 PM IST via VC/OAVM.
• Cut-off for e-voting eligibility: 23 Sep 2026.
• Remote e-voting window: 27 Sep 2026 09:00 to 29 Sep 2026 17:00.
• Register of Members closed 15 Sep 2026 to 30 Sep 2026.
• Proxy facility dispensed; voting via remote e-voting or VC/OAVM.

Resolutions put to vote

• Ordinary: Adoption of standalone financial statements.
• Ordinary: Adoption of consolidated financial statements.
• Ordinary: Re-appointment of Neha Jain as Director.
• Special: Alter MOA to insert new main object clauses.
• Ordinary: Increase authorised share capital to Rs 25 crore and amend MOA.

Director & Remuneration

• Re-appointment of Neha Jain (DIN 07493030) as Director, retiring by rotation.
• Remuneration last drawn Rs 16.00 Lakh; shareholding 3,91,800 shares (4.90%).
• Other directorships: Virendra Capital Markets Pvt Ltd; Impackt Rotoflex Pvt Ltd.

Capital & MOA Changes

• Board approved 05 Sep 2026; subject to shareholders' approval.
• Increase authorised share capital to Rs 25,00,00,000; 2,50,00,000 shares of Rs 10.
• MOA Clause V to reflect new authorised capital.

Transaction details

• Target: Samyak International Limited (TC) listed on BSE.
• Acquirer: KRJ INFRAPROJECTS PRIVATE LIMITED; PACs: not disclosed.
• Promoter group: No
• Exchanges: BSE Limited
• Acquired: 7,00,000 equity shares (5.83%).
• Post-acquisition holding: 7,00,000 shares, 5.83%.
• Mode: Preferential Allotment of Equity Shares.
• Date: 17.08.2026
• Pre-acquisition equity: Rs 10,44,72,000 (1,04,47,200 shares).
• Post-acquisition equity: Rs 11,14,72,000 (1,11,47,200 shares).
• Total diluted post-acquisition: Rs 11,14,72,000 (1,11,47,200 shares).
• Salient features: N.A.
• Trading/listing approvals pending; shares not credited yet.

Acquisition details

• Target: Samyak International Limited (BSE 530025).
• Acquirer: KETI-KJ CONSTRUCTIONS (INDIA) LIMITED; no PACs.
• Promoter group: Acquirer is not part of promoter/promoter group.
• Exchange: Listed on BSE Limited.
• Acquisition: 13,50,000 equity shares; 11.25% of paid-up capital.
• Mode: Preferential Allotment of Equity Shares.
• Date of allotment: 17.08.2026.
• Post-holding: 13,50,000 shares; 11.25%.
• Equity cap before: Rs. 9,09,72,000 (90,97,200 shares of Rs 10).
• Equity cap after: Rs. 10,44,72,000 (1,04,47,200 shares).
• Total diluted cap after: Rs. 10,44,72,000 (1,04,47,200 shares).
• Salient features: N.A.

Transaction details

• Target Company: Samyak International Limited.
• Acquirer: Virendra Capital Markets Pvt. Ltd., promoter group.
• Transaction: Acquisition via preferential allotment on 17 Aug 2026.
• Shares acquired: 11,00,000 equity shares, 9.17% of paid-up capital.
• Post-transaction holding: 11,00,000 shares, 9.17%.
• Mode: Preferential allotment.
• Share capital context: Rs 9,09,72,000 comprising 90,97,200 shares.