Hemo Organic Limited has formally announced the resignation of Independent Director Mr. Deepak Ashokkumar Rochani, effective from the closure of business hours on March 31, 2026. The company submitted the required intimation to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Resignation Details

Mr. Deepak Ashokkumar Rochani (DIN: 11041560) submitted his resignation from the position of Independent Director due to pre-occupation and other professional commitments. The resignation was processed on March 31, 2026, with Managing Director Vishwambar Kameshwar Singh (DIN: 09822587) signing the official communication to BSE Limited.

In his resignation letter, Mr. Rochani confirmed that there are no other material reasons for his departure beyond those mentioned. He expressed gratitude to the Board of Directors and colleagues for their support during his tenure.

Regulatory Compliance and Documentation

The company provided comprehensive documentation as required under SEBI regulations, including the complete resignation letter and detailed annexure. The filing was made pursuant to Regulation 30 read with SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Committee Impact and Reconstitution

Following Mr. Rochani's resignation, he stepped down from all board committees where he served as Chairman or Member. The company had previously reconstituted all three board committees with effect from April 1, 2026, ensuring continuity in governance structure.

Current Committee Structure

The reconstituted committees maintain consistent membership across all three committees, with Ms. Rina Kumari serving as Chairman and the same composition of members ensuring streamlined governance operations.

Hemo Organic Limited announced significant corporate developments following its board meeting held on February 26, 2026. The company's board approved the allotment of convertible warrants and relocation of its registered office within Ahmedabad.

Convertible Warrants Allotment

The board approved the allotment of 34,00,000 convertible warrants to non-promoter entities at Rs. 12.50 per warrant, including a premium of Rs. 2.50 each. The warrants carry a face value of Rs. 10.00 each and are convertible within 18 months from the allotment date.

The allotment was made on a preferential basis in accordance with Chapter V of SEBI (ICDR) Regulations, 2018. Each warrant is convertible into one fully paid-up equity share upon payment of the remaining 75.00% of the issue price.

Allottee Details

The warrants were allocated equally between two private limited companies:

Impact on Share Capital

Upon full conversion of the warrants, the company's capital structure will undergo significant expansion:

The new equity shares will rank pari-passu with existing equity shares, ensuring equal rights and privileges for all shareholders.

Registered Office Relocation

The board also approved shifting the company's registered office within Ahmedabad. The new address is Shop 1 to 3, First floor, Piyu Apartment Opp Electricity Sub Station & Mahesh Nagar, Nr. Radhika Chambers & Jay Amarnath Society, Nikol Gam Road, Uttamnagar, Ahmedabad, Gujarat, India – 382 350. The relocation became effective from February 26, 2026.

The board meeting commenced at 02:15 P.M. and concluded at 02:45 P.M. on February 26, 2026, with Managing Director Vishwambar Kameshwar Singh overseeing the proceedings.