Eureka industries Limited has announced a crucial board meeting scheduled for April 13, 2026, to address significant corporate restructuring matters. The company issued a formal notice to BSE Limited on April 8, 2026, outlining the key agenda items that will shape its immediate future.

Board Meeting Agenda

The board meeting will focus on several critical decisions that could fundamentally alter the company's operational structure. The primary agenda encompasses both financial restructuring and regulatory compliance matters.

Pre-packaged Insolvency Resolution Process

The most significant item on the agenda involves the consideration of Pre-packaged Insolvency Resolution Process (PPIRP) under Chapter III-A of the Insolvency and Bankruptcy Code, 2016. This process represents a structured approach to corporate debt resolution that allows companies to negotiate with creditors outside the traditional insolvency framework.

The board will evaluate the Base Resolution Plan that will be presented to financial creditors as part of the PPIRP proceedings. Additionally, the directors will seek authorization to obtain necessary approvals from financial creditors in compliance with PPIRP provisions and to file the required application with the Hon'ble National Company Law Tribunal.

Trading Window Restrictions

In compliance with SEBI regulations, Eureka Industries has implemented a trading window closure effective from April 1, 2026. This restriction applies to all directors, promoters, and designated persons covered under the company's Code of Internal Procedures and Conduct for Prevention of Insider Trading in Securities.

Financial Results Consideration

The board will also review and approve the audited financial results for the quarter and year ended March 31, 2026. This represents the company's Q4FY26 quarterly performance and annual results, which will provide stakeholders with comprehensive insights into the company's financial position during this critical period.

Corporate Information

Eureka Industries Limited, incorporated under CIN L91110GJ1992PLC018524, operates from its registered office in Ahmedabad, Gujarat. The company maintains its corporate communications through designated channels and continues to fulfill its regulatory obligations despite the challenging circumstances that have led to the consideration of the insolvency resolution process.

Eureka Industries Limited has strengthened its board leadership with the appointment of two additional directors, following a board meeting held on March 21, 2026. The appointments were made on the recommendation of the Nomination and Remuneration Committee and are subject to member approval, as communicated to the Bombay Stock Exchange under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Appointments

The company announced two key appointments to enhance its governance structure:

Director Profiles and Experience

Ms. Avani Ashwinkumar Shah brings significant corporate experience to the board. She is a professional with a decade of experience in corporates and management, holding a master's degree in commerce. The company confirmed that she meets the criteria of independence as provided in Section 149(6) of the Companies Act read with SEBI (LODR) Regulations, 2015.

Mr. Chaitanya Jayantilal Pandya contributes varied experience in the finance field. He has proven expertise in financial planning and analysis, formulation, recommendation and implementation of administrative policies and procedures to improve internal control systems. He holds a graduation degree in commerce.

Other Directorships and Committee Positions

Ms. Avani Ashwinkumar Shah currently holds directorships in multiple listed entities:

Mr. Chaitanya Jayantilal Pandya does not hold directorships in any other listed entities.

Compliance and Shareholding

Both directors have been confirmed as not being debarred from holding the office of Director by virtue of any SEBI order or any other authority. Neither director holds any shareholding in the company as of their appointment date. The company stated that the composition of the Board of Directors continues to be in compliance with the requirements prescribed under the Companies Act, 2013 and SEBI LODR.

Meeting Details

The board meeting commenced at 02.00 PM and concluded at around 02.25 PM on March 21, 2026. The appointments were communicated to the Bombay Stock Exchange in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The official communication was digitally signed by Mr. Darshak Shah, Executive Director (DIN: 10735398).