AI Champdany Industries Ltd has closed its trading window for designated persons and their immediate relatives effective October 1, 2026. The closure will remain in force until 48 hours after the declaration of unaudited financial results for the second quarter ended September 30, 2026.

This action is taken pursuant to the company's Code of Conduct for Regulating, Monitoring and Reporting of Trading in Securities by Designated Persons. It also complies with Regulation 9 (Clause 4 of Schedule B) of the SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018.

The company stated that the date of the Board Meeting to consider the unaudited financial results for Q2FY27 will be intimated separately in due course. No specific date for the board meeting was disclosed in the current notification.

Compliance details

The trading window restriction applies to all securities of the company. The notice was issued by Dharmendra Kumar Singh, Company Secretary, on September 28, 2026. The communication was addressed to the Corporate Relationship Department of BSE Limited.

AI Champdany Industries has initiated a postal ballot process to seek member approval for the continuation of Jayanta Jash as a Non-Executive Independent Director. This move is necessitated by Jash attaining the age of 75 years on October 31, 2026, which triggers regulatory requirements for special resolution approval.

The proposal is filed under Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company’s board recommends the resolution, stating that Jash’s continued association is in the interest of the company due to his extensive experience in audit, finance, and taxation.

Director Profile and Expertise

Jayanta Jash was appointed as an Additional Non-Executive Independent Director on May 30, 2025, with his appointment regularized at the 107th Annual General Meeting held on August 25, 2025. He is a qualified Chartered Accountant and a Fellow Member of the Institute of Chartered Accountants of India.

The board highlights that his professional knowledge in financial systems, accounting, and regulatory compliance strengthens the company’s oversight in financial reporting and risk management. He has attended two board meetings during the relevant financial year and holds one directorship in another company. His shareholding in AI Champdany Industries is nil, and he has no relationship with other directors or key managerial personnel.

Postal Ballot Timeline

The company has appointed National Securities Depository Limited (NSDL) as the e-voting agency. The scrutinizer for the postal ballot is Rinku Gupta, a practicing company secretary. The voting period allows members to cast their votes electronically through the NSDL platform.

Regulatory Compliance and Governance

The resolution seeks consent for Jash to continue as a Non-Executive Independent Director notwithstanding his age, subject to the existing terms and conditions of his appointment. The explanatory statement clarifies that no other directors or key managerial personnel are interested in the resolution, except Jash himself, who is concerned by virtue of his directorship continuation.

The notice emphasizes that the communication of assent or dissent will occur exclusively through the remote e-voting system, in compliance with Ministry of Corporate Affairs circulars. Physical copies of the ballot form are not being dispatched. Members holding shares in demat form must ensure their email addresses are registered with their depository participants to access the e-voting facility.