Meghmani Organics has received approval from the Ministry of Agriculture and Farmers Welfare for the manufacture of nano fertilizer products through its wholly owned subsidiary, Meghmani Crop Nutrition Limited (MCNL). The approval covers three products — Nano DAP, Nano NPK, and Nano Zinc — and was disclosed by the company under Regulation 30 of the SEBI (LODR) Regulations, 2015, on May 04, 2026. The company described the development as a reflection of its continued focus on supporting Indian agriculture with next-generation crop nutrition solutions, noting that these additions will further strengthen its crop nutrition portfolio and enhance its ability to serve evolving farmer requirements across multiple nutrient categories.

Approved Nano Fertilizer Products

The approval encompasses a range of nano fertilizer products designed to serve the agricultural sector. The following table summarizes the key details of the approved products and the manufacturing arrangement:

Manufacturing and Infrastructure

The nano fertilizer products will be manufactured at the Sanand manufacturing facility in Gujarat, operated by MCNL, a wholly owned subsidiary of Meghmani Organics. Production will leverage the existing infrastructure at the Sanand facility, with no additional capital expenditure required. Commercial production is expected to commence during the ensuing Kharif season.

Management Commentary

Commenting on the development, Mr. Ankit Patel, Chairman & Managing Director, said: "This approval marks an important milestone for Meghmani as we continue to strengthen our presence in the crop nutrition segment. Nano fertilizers represent the future of sustainable agriculture, offering improved nutrient uptake, reduced wastage, and better crop yields. With these additions to our portfolio, we further strengthen our market position and reinforce our commitment to delivering efficient and sustainable crop nutrition solutions for Indian farmers."

Regulatory Disclosure

The company communicated this development through a press release submitted to both the National Stock Exchange of India Limited and BSE Limited, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Jayesh Patel, Company Secretary and Compliance Officer of Meghmani Organics, on behalf of the Board of Directors.

About Meghmani Organics Limited

Meghmani Organics is a fully integrated diversified chemical company with presence in Crop Protection, Crop Nutrition, and Pigments. The company is among the top three global Phthalocyanine-based pigment players with an 8% market share, and among the top-10 manufacturers of pesticides in India with a presence across the entire value chain. Meghmani Organics has 40+ brands of various pesticide formulations in India, a customer base of 400+, and a global presence spanning 75+ countries, supported by a distribution network of 3,500+ distributors and dealers across India. The company garners approximately 85% of its topline from export markets as on FY25.

Meghmani Organics Limited has successfully concluded its postal ballot voting process, with shareholders approving the reappointment of three independent directors for second consecutive terms. The remote e-voting facility concluded on April 17, 2026, marking the completion of a comprehensive shareholder consultation process.

Postal Ballot Process Overview

The company conducted the postal ballot process in compliance with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. The remote e-voting facility commenced on Thursday, March 19, 2026 at 9:00 a.m. (IST) and concluded on Friday, April 17, 2026 at 5:00 p.m. (IST). The cut-off date for determining eligible shareholders was Friday, March 13, 2026.

Director Appointments Approved

Shareholders approved three special resolutions for the reappointment of independent directors, each for a second term of three consecutive years commencing from May 5, 2026 to May 4, 2029.

Resolution 1: Mr. Manubhai Patel (DIN: 00132045)

Resolution 2: Prof. (Dr) Ganapati Yadav (DIN: 02235661)

Resolution 3: Ms. Urvashi Shah (DIN: 07007362)

Scrutinizer's Report and Compliance

Kaushik Jayantilal Shah of K J Shah & Company, Practicing Company Secretaries, served as the scrutinizer for the postal ballot process. The scrutinizer confirmed that all three special resolutions were passed with requisite majority on April 18, 2026. The electronic voting process was conducted through MUFG Intime India Private Limited's platform, ensuring transparency and compliance with regulatory requirements.

The company dispatched the postal ballot notice dated March 16, 2026, through email to eligible shareholders whose email addresses were registered with the company or depositories. Public notices were published in Financial Express (English and Gujarati editions) on March 18, 2026, in compliance with regulatory requirements.

Corporate Governance Enhancement

The successful reappointment of these independent directors strengthens Meghmani Organics' board composition and corporate governance framework. All three directors will serve their second terms from May 5, 2026 to May 4, 2029, providing continuity in board oversight and strategic guidance. The voting results demonstrate strong shareholder confidence in the proposed appointments, with all resolutions receiving overwhelming support from the promoter group and significant backing from public shareholders.