Bizotic Commercial Limited's Board of Directors has approved the receipt of the fourth tranche consideration for convertible warrants allotment during their meeting held on March 19, 2026. The board meeting commenced at 10:45 AM and concluded at 11:20 AM at the company's registered office in Ahmedabad, Gujarat.

Warrant Payment Details

The company received a substantial payment for the fourth tranche of convertible warrants from its promoter group entity. The transaction represents a significant capital infusion as part of the ongoing warrant allotment process.

Warrant Specifications

The convertible warrants were issued under specific terms and pricing structure as part of the preferential allotment to promoter group entities. The warrants carry attractive terms for the allottees.

Regulatory Compliance

The warrant allotment and payment receipt were conducted in full compliance with regulatory requirements. The board's decision follows previous meetings held on February 21, 2026, and February 23, 2026, indicating a structured approach to the warrant allotment process.

Key regulatory aspects include:

• Compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Adherence to Chapter V provisions of SEBI (ICDR) Regulations, 2018
• Preferential allotment to promoter and promoter group category entities
• Cash consideration basis for warrant allotment

Corporate Governance

The board meeting was conducted at the company's registered office located at 15, Ashwamegh Warehouses, Ujala Circle, Sarkhej, Ahmedabad, Dascroi, Gujarat. The decision was formally communicated to BSE Limited as part of the company's disclosure obligations, demonstrating adherence to corporate governance standards and transparency requirements.

Bizotic Commercial Limited has submitted the voting results for its 4th Extra Ordinary General Meeting (EGM) held on March 14, 2026, to BSE Limited under Regulation 44 of SEBI Listing Regulations. The meeting, conducted through video conferencing, achieved unanimous shareholder approval for the statutory auditor appointment with 100% votes in favor.

Meeting Overview and Leadership

The EGM was successfully conducted on Saturday, March 14, 2026, from 11:30 AM to 11:35 AM IST, demonstrating efficient corporate governance. Managing Director Sanjaykumar Mahavirprasad Gupta chaired the meeting with comprehensive participation from the board and key personnel.

Voting Results and Shareholder Participation

The voting results revealed strong shareholder support with 17 members casting 56,65,100 votes unanimously in favor of the resolution. The e-voting process was conducted through National Securities Depository Limited (NSDL) platform with comprehensive participation across shareholder categories.

Statutory Auditor Appointment Resolution

The primary agenda focused on the appointment of M/s. Shweta Jain & Co LLP, Chartered Accountants (FRN: 127673W) as statutory auditors for Financial Year 2025-2026. The ordinary resolution received unanimous approval with no votes against and no invalid votes recorded.

E-Voting Process and Scrutinizer Report

CS Jinang Dineshkumar Shah from M/s. Jinang Shah & Associates served as scrutinizer, overseeing the comprehensive e-voting process. The remote e-voting remained open from March 11, 2026 (9:00 AM) to March 13, 2026 (5:00 PM), with the record date set as March 6, 2026.

Regulatory Compliance and Documentation

The company has submitted the voting results and scrutinizer's report to BSE Limited under scrip code 543926, ensuring full compliance with SEBI Listing Regulations. The results have also been uploaded on the company website at bizoticgroup.com and will be available on NSDL platforms as required by regulatory guidelines.