Apollo Ingredients Limited has scheduled its 46th Annual General Meeting (AGM) for June 29, 2026, via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting will be held at 04:00 P.M. IST to seek shareholder approval for key resolutions, including the appointment of an Independent Director and alterations to the Memorandum of Association. The Register of Members and Share Transfer Books will remain closed from June 22, 2026, to June 29, 2026, for the purpose of the AGM.

E-Voting and Book Closure

The company has engaged Mufg Intime India Private Limited (formerly Link Intime India Private Limited) to provide the remote e-voting facility. The remote e-voting period commences on June 26, 2026, at 9:00 a.m. IST and ends on June 28, 2026, at 5:00 p.m. IST. Members holding shares as on June 22, 2026, the cut-off date, are entitled to avail the facility of either remote e-voting or e-voting at the AGM. The Notice of AGM along with the Annual Report for the financial year 2025-26 has been sent electronically to members whose email addresses are registered with the company or depository participants.

Business to be Transacted

The AGM agenda includes the appointment of Mr. Amol Dinkar Nigudkar as an Independent Director for a term of five years. Shareholders will also vote on changing the designation of Ms. Lovely Ghanshyam Mutreja from Managing Director to Executive Director (Marketing Director) and Mr. Kirit Ghanshyam Mutreja from Executive Director to Managing Director. If approved, Mr. Kirit Ghanshyam Mutreja will receive a monthly remuneration of ₹1,82,325.

Related Party Transactions and Expansion

The board seeks approval for material related party transactions with Apollo Ingredients India Private Limited for the sale, purchase, or supply of goods up to ₹5 crore. Additionally, the company proposes altering the Object Clause of its Memorandum of Association to expand business activities into agricultural and food products, including cultivation, processing, and trading of various produce.

Compliance and Governance

The filing was signed by CS Ayushi Agrawal, Company Secretary and Compliance Officer. The company noted that it is under Graded Surveillance Measures (GSM) by BSE Limited. The rights issue proceeds were reallocated during the year, with ₹2,00,000 moved from issue expenses to working capital, and a deviation in utilization for lease payments was ratified by shareholders.

Apollo Ingredients Limited has formally recorded the resignation of Mr. James Mody from its Board of Directors. Mr. Mody stepped down from the position of Non-Executive Director effective immediately following the conclusion of the Board Meeting held on May 15, 2026. The resignation was submitted due to personal reasons, as stated in the official communication addressed to the Board.

Regulatory Compliance and Disclosure

The company clarified that the resignation letter containing the reason for the departure was already submitted to the exchange through an XBRL filing under the category “Change in Management”. This filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that the omission of the attachment during the initial upload of the Board Meeting outcome was inadvertent and procedural in nature, with no intention to withhold material information.

Resignation Details

The following table outlines the key details regarding the director's resignation:

In his resignation letter, Mr. Mody expressed his sincere gratitude to the Board of Directors and the management for their support and cooperation during his tenure. The company has requested that the necessary forms and disclosures be filed with the Registrar of Companies and other regulatory authorities to acknowledge the change in management.