Bharat Agri Fert & Realty Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 7, 2026, pertains to the quarter ended March 31, 2026.

Regulatory Compliance Details

The company submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This certificate was originally issued by MUFG Intime India Private Limited on April 3, 2026, serving as the company's Registrar and Transfer Agent.

Certificate Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, confirmed compliance with dematerialisation procedures during the quarter. The RTA certified that:

• Securities received from depository participants for dematerialisation were properly confirmed to depositories
• Security certificates comprised in the dematerialisation process have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were confirmed or rejected within prescribed timelines
• Received certificates were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners within prescribed timelines

Company Information

Bharat Agri Fert & Realty Limited operates as a manufacturer of Single Superphosphate in both powder and granulated forms. The company maintains its registered office at Hubtown Solaris, Andheri East, Mumbai, with manufacturing facilities located in Kharivali Village, Palghar district, Maharashtra.

Submission Process

Company Secretary and Compliance Officer Akshay Kumar digitally signed and submitted the compliance certificate to BSE Limited's Corporate Relationship Department. The submission included the original certificate received from MUFG Intime India Private Limited as an enclosure, ensuring complete documentation for regulatory records.

Bharat Agri Fert & Realty Limited has issued a postal ballot notice seeking shareholders' approval for the re-designation of Mr. Vijal Yogendra Patel from Whole-Time Director to Chairman & Managing Director. The company announced comprehensive leadership restructuring following its board meeting held on April 02, 2026, and has now formalized the voting process through regulatory filings dated April 6, 2026.

Newspaper Publication and Regulatory Compliance

The company has published newspaper advertisements in The Free Press Journal (English) and Navshakti, Mumbai Edition (Marathi) on April 7, 2026, informing shareholders about the dispatch of the postal ballot notice. This publication was made in compliance with Regulations 47 and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process and E-Voting Schedule

The company has initiated the postal ballot process in compliance with Section 110 of the Companies Act, 2013, and SEBI regulations. The notice was sent electronically to all eligible shareholders whose email addresses are registered with the company, depositories, or registrar and transfer agent.

Special Resolution for Re-designation

The postal ballot seeks approval through a special resolution for Mr. Vijal Yogendra Patel's re-designation from Whole-Time Director to Chairman & Managing Director for a three-year term from April 2, 2026, to April 1, 2029. This appointment supersedes the previous resolution passed at the 39th Annual General Meeting held on September 26, 2024.

Background and Rationale

The re-designation follows the demise of Late Mr. Yogendra D. Patel, the company's Chairman & Managing Director, on February 11, 2026. The board noted his valuable contributions and identified the need for continuity in senior management. Mr. Vijal Yogendra Patel, who holds an MBA in Finance, has been actively involved in the company's management and operations for 12 years, overseeing key business verticals and contributing to strategic planning and growth initiatives.

Remuneration Structure

The proposed remuneration package includes a monthly salary of ₹10,00,000, variable commission based on net profits within statutory limits, and perquisites subject to a ceiling of 20% of annual salary. The comprehensive package covers provident fund, gratuity, medical benefits, leave entitlements, travel allowances, and other standard benefits.

Regulatory Compliance and Voting Process

The special resolution is required under Regulation 17(6)(e) of SEBI LODR Regulations, as Mr. Vijal Yogendra Patel is a promoter and the proposed remuneration may exceed 5% of the company's net profits. The company has appointed scrutinizers to ensure fair and transparent voting through the remote e-voting process.

Shareholders can access the voting platform through multiple methods including NSDL, CDSL, and depository participant websites. The results will be announced within two working days of the voting conclusion and will be available on the company's website and stock exchange platforms.

Previous Leadership Changes

The current postal ballot follows the board meeting outcome from April 02, 2026, where the company also appointed Ms. Chandni Yogendra Patel as the new Chief Financial Officer, effective April 03, 2026. These changes represent a comprehensive leadership restructuring to ensure operational continuity and strategic direction for the Mumbai-based manufacturer of Single Superphosphate.

Source: None/Company/INE842D01029/4d7600fe-97ee-4d13-9f7e-d6b17ea1bb45.pdf