Sinnar Bidi Udyog Ltd

Meeting Details

• Board meeting scheduled for Wednesday, 26 August 2026; time and venue not disclosed.

Key Agenda Items

• Inter alia to consider and approve the Board's Report for FY ending 31 March 2026.

Independent Director Appointment

• Type of change: Appointment of Additional Director as Non-Executive Independent Director.
• Name/role: Sachin Jagdish Laddha, Non-Executive Independent Director.
• Effective date: Appointed 14 August 2026; to hold till ensuing AGM.
• Term: Proposed five-year term as Non-Executive Independent Director post-approval.
• Reason: Recommended by Nomination and Remuneration Committee.
• Profile: Diploma Mechanical Engineer with 23+ years’ experience; AMFI-registered Mutual Fund Distributor.
• Relationships: Not related to any other directors.
• Directorship eligibility: Not debarred by SEBI/authorities.

Board updates

• Board approved unaudited standalone and consolidated results for quarter ended 30 June 2026.
• Resignation of Independent Director Kalpit Mchta w.e.f. 10 August 2026.
• Appointed Sachin Jagdish Laddha as Additional Director (Independent & Non-Executive) for five years from 14 Aug 2026.
• Appointment subject to shareholders' approval at the ensuing AGM.
• Secretarial Auditor's Report for FY 2025-26 noted.

Resignation details

• Kalpit Milind Mehta, Non-Executive Independent Director, resigns effective 10 August 2026.
• Reason: pre-occupation; unable to devote adequate time.
• No other material reasons beyond the stated one.
• Ceases as Chairman of the Nomination and Remuneration Committee.
• Ceases as a member of the Audit Committee.
• Directorship at Sinnar Bidi Udyog Limited disclosed.
• Chairman, Nomination & Remuneration Committee; Audit Committee member.
• No regulatory or shareholder approvals stated as required for resignation.
• Board/committee composition updated as a consequence.

Dematerialisation status

• Dematerialisation requests processed; securities received were confirmed to depositories.
• Dematerialised securities listed on the stock exchanges where earlier issues are listed.
• Physical certificates received for dematerialisation mutilated, cancelled; depository name substituted as registered owner within prescribed timelines.

Regulatory compliance

• The Board stated the intimation delay was inadvertent and not intentional.
• Rs 11,800 fine was paid to BSE on 7 July 2026, with remittance details submitted.
• The delay occurred due to Bakri Eid holiday on 28 May 2026; intimation was submitted 26 May 2026.
• The Board will ensure all Regulation 29 intimations are submitted within prescribed timelines going forward.
• Robust compliance measures will be implemented to prevent future lapses.
• The outcome was promptly disseminated to the stock exchange after the board concluded.
• The Board advised management to remain vigilant on compliance matters.

🗓️ Meeting Details

• Board meeting scheduled for 14th February 2026.

📊 Financial Results

• Approval of unaudited standalone and consolidated financial results for quarter ended 31st December 2025.