Almondz Global Securities is poised to capitalise on the Government of India's landmark decision to exempt petrol blended with 22%–30% ethanol (E22–E30) from excise duty, alongside the launch of E85 fuel for flex-fuel vehicles. These policy measures mark a significant acceleration of India's National Biofuel Programme and are expected to drive structural growth in ethanol consumption. The company stands to benefit through its Special Purpose Vehicle (SPV), Premier Green Innovations Private Limited (PGIPL), which operates grain-based ethanol manufacturing facilities.

The Bureau of Indian Standards (BIS) has notified specifications for E22, E25, E27 and E30 fuel blends, facilitating higher ethanol usage in the transportation sector. The excise duty exemption on E22–E30 blends removes a key cost barrier, while the introduction of E85 fuel creates a new demand segment. These initiatives are designed to strengthen energy security, reduce dependence on imported fossil fuels, and promote sustainable rural economic growth.

Strategic Manufacturing Footprint

almondz global securities holds a 40.99% equity stake in PGIPL, while Avonmore Capital & Management Services Limited holds an additional 8.88% stake. PGIPL, formerly known as Premier Alcobev Private Limited, is a leading ethanol producer in northern India and is empanelled with Oil Marketing Companies (OMCs) under the Ethanol Blended Petrol (EBP) Programme.

The Sansarpur facility in the Kangra district and the Sambalpur facility in Odisha are equipped with Zero Liquid Discharge (ZLD) infrastructure. The Odisha plant has recently commenced commercial production, expanding the group's operational footprint.

Growth Drivers and Market Impact

The government's push for higher ethanol blending is expected to create a substantial long-term demand driver for the industry. As blending levels progress from E20 to E30, ethanol requirements could potentially increase by up to 50% per litre of blended petrol. This shift presents several opportunities for PGIPL:

• Higher Ethanol Procurement: Increased blending targets will require OMCs to source significantly larger quantities of ethanol.
• Improved Capacity Utilisation: Rising procurement requirements can lead to higher utilisation of existing plants.
• Revenue Growth: Expanded production capabilities and growing demand support increased sales volumes.
• Enhanced Operating Leverage: Higher production volumes allow fixed costs to be spread over larger output, potentially improving profitability.

Management stated that the policy announcements provide a clear pathway for higher ethanol consumption, translating into a larger addressable market and stronger demand visibility. The combination of BIS standards, blending targets, and fiscal incentives offers long-term policy certainty for ethanol producers.

Almondz Global Securities Ltd. has published the notice for its postal ballot process in newspapers on June 4, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was advertised in Financial Express (English) and Pratahkal (Marathi) to inform shareholders about the upcoming e-voting. The postal ballot seeks shareholder approval for the appointment of Mrs. Neelu Jain as an Independent Director and Mr. Rajeev Kumar as a Whole-Time Director designated as Director – Finance & CFO.

The e-voting period is scheduled to commence at 9.00 a.m. (IST) on Monday, June 8, 2026, and will conclude at 5.00 p.m. (IST) on Tuesday, July 7, 2026. Shareholders whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of Friday, May 29, 2026, are eligible to participate. The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the e-voting process.

Special Business Resolutions

The postal ballot notice outlines three special resolutions for shareholder consideration. The first resolution seeks approval for the appointment of Mrs. Neelu Jain (DIN: 00227058) as a Non-Executive Independent Director. Her proposed tenure extends for five consecutive years from May 22, 2026, to May 21, 2031. She has submitted a declaration confirming she meets the criteria of independence under the Companies Act, 2013, and SEBI Listing Regulations.

The second and third resolutions pertain to the appointment of Mr. Rajeev Kumar (DIN: 00270046). He was appointed as an Additional Director effective May 23, 2026. Shareholders are asked to approve his appointment as a Director on the Board, liable to retire by rotation, and subsequently as a Whole-Time Director (Director – Finance & CFO) for a period of five years from May 23, 2026, to May 22, 2031.

Remuneration and Financial Disclosures

The remuneration proposed for Mr. Rajeev Kumar includes a gross salary of ₹1,36,160 per month, inclusive of perquisites such as House Rent Allowance, Special Allowance, Conveyance Allowance, and Medical Allowance. The Board is authorized to grant annual increments of up to 50% over the present salary. Additionally, he will be entitled to the Company’s ESOP Scheme, contributions to the Gratuity Fund, and Medical and Group Term Life Insurance premiums.

The company has disclosed its financial performance for the year ended March 31, 2026, reporting a Total Revenue of ₹6,389.37 lakh, an EBITDA of ₹729.08 lakh, and a Profit After Tax (PAT) of ₹93.31 lakh. The Net Worth stood at ₹17,045.74 lakh, and the Paid-Up Equity Capital was ₹1,736.47 lakh.