CDG Petchem Limited shareholders have approved a comprehensive corporate restructuring at the Extra-Ordinary General Meeting held on April 24, 2026. The meeting, conducted via video conferencing and other audio-visual modes, marked the first EGM for FY 2026-27 and resulted in approval of several significant resolutions that will transform the company's identity and operational structure.

Corporate Name Change and Rebranding

The shareholders approved changing the company name from CDG Petchem Limited to Jujhar Logistics Limited. This name change will require alteration of Clause I of the Memorandum of Association to reflect the new corporate identity. The change is subject to the final issuance of a Fresh Certificate of Incorporation by the Ministry of Corporate Affairs.

Registered Office Relocation

In a significant operational move, the company will shift its registered office from the State of Telangana to the State of Punjab. This relocation will change the regulatory jurisdiction from the Registrar of Companies, Hyderabad to the Registrar of Companies, Chandigarh. The registered office clause (Clause II) of the Memorandum of Association will be altered accordingly, pending receipt of confirmation order from Regional Director, Southeastern Region, Hyderabad.

Adoption of New Governing Documents

Shareholders approved the adoption of new Articles of Association aligned with Table F of Schedule I to the Companies Act, 2013, completely replacing the existing Articles. The new AOA includes comprehensive provisions for share capital management, securities issuance, transfer procedures, and member rights. Key updates include provisions for dematerialisation, depositories, and maintenance of statutory records to align with modern corporate practices.

The company also adopted a new Memorandum of Association aligned with Table A of Schedule I to the Companies Act, 2013. While the Main Objects Clause remains unchanged, preserving the core business activities, the Incidental/Ancillary Objects Clause has been updated with modern legal language and references to current statutory provisions.

Regulatory Compliance and Implementation

The approved changes demonstrate the company's commitment to regulatory compliance and modernisation of its corporate structure. The new governing documents replace provisions originally incorporated under the Companies Act, 1956 with current legal framework requirements. All statutory references have been updated to reflect relevant sections and regulatory requirements under the Companies Act, 2013, ensuring the company operates within the most current legal parameters.

CDG Petchem Limited has announced the appointment of Ms. Monika Garg as Additional Director (Non-Executive & Independent) following a board meeting held on April 10, 2026. The appointment, approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee, is subject to shareholder approval at the ensuing Extra-Ordinary General Meeting.

Board Meeting Outcomes

The board meeting, which commenced at 02:00 P.M. and concluded at 02:30 P.M. on April 10, 2026, focused on the strategic appointment of the new independent director. The decision was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Profile and Qualifications

Ms. Monika Garg brings significant professional expertise to the board as a commerce post-graduate with extensive experience across multiple domains. Her professional background encompasses administration, compliance documentation, client servicing, and training functions.

Her key areas of expertise include:

• Financial oversight support and risk evaluation
• Internal control-related functions
• Regulatory compliance management
• Decision-making and strategic planning

Independence and Compliance

The appointment adheres to corporate governance standards, with Ms. Garg meeting all independence criteria required for the position. She is not related to any existing director of the company, ensuring the independence of her role on the board.

Corporate Governance Enhancement

The appointment reflects CDG Petchem Limited's commitment to strengthening its board composition with independent oversight. Ms. Garg's expertise in financial oversight, risk evaluation, and regulatory compliance is expected to contribute to the company's governance framework and strategic decision-making processes.

Her strong communication and interpersonal skills, combined with her ability to provide independent and unbiased judgment, align with the company's objective of safeguarding stakeholders' interests while maintaining effective board oversight.