Mohite Industries Ltd has closed its trading window for all designated persons and their immediate relatives from July 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter ended June 30, 2026. This measure is intended to prevent insider trading and ensure compliance with regulatory norms during the sensitive period preceding financial announcements.

The decision was taken pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct for regulating, monitoring, and reporting of trading by insiders. The closure restricts dealing in the shares of the company by specified individuals to maintain market integrity.

The company stated that the date of the board meeting for the consideration of the unaudited financial results for the quarter ended June 30, 2026, will be intimated in due course. The trading window will remain shut until 48 hours after the results are officially declared.

Key Details

The intimation was submitted to the Bombay Stock Exchange Limited on June 23, 2026, by Shivaji Ramchandra Mohite, Managing Director of Mohite Industries Limited.

Mohite Industries Limited secured shareholder approval to regularize the appointment of Mr. Sangramsinh Subhashrao Nimbalkar and reappoint Mr. Bhushan Madhukar Deshpande and Mr. Nikhil Vijay Nawandhar as Non-Executive Independent Directors for five years. The resolutions were passed at an adjourned Extra-Ordinary General Meeting (EGM) held on June 15, 2026, after the initial meeting on June 8, 2026, was adjourned due to a lack of quorum. The appointments ensure governance continuity, with Mr. Nimbalkar's regularization effective from March 09, 2026, and the reappointments of Mr. Deshpande and Mr. Nawandhar effective from October 24, 2025.

Pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed the voting results. CS Sachin Gajanan Bidkar, a Practicing Company Secretary, was appointed as the Scrutinizer to oversee the remote e-voting and physical voting processes. The remote e-voting facility was available from June 05, 2026, to June 07, 2026, with the cut-off date for determining voting rights set as June 01, 2026. The filing was submitted to BSE Limited on June 17, 2026.

Voting Results Summary

All three special resolutions were passed with the requisite majority. Promoters, holding 13,83,26,630 shares, voted entirely in favour through physical polling. Public non-institutions participated via both e-voting and physical polls, with a total of 16,09,03,477 votes cast on the regularization of Mr. Nimbalkar and 16,09,04,877 votes cast on the reappointment of Mr. Nawandhar.

Director Profiles

Mr. Sangramsinh Subhashrao Nimbalkar holds a diploma in civil engineering and possesses over 30 years of experience in government and semi-government industrial construction work. Mr. Bhushan Madhukar Deshpande, a Diploma in Pharmacy holder, has been running a proprietary medical shop since 1989 and currently serves as the Chairman of the Pune Cricket Association. Mr. Nikhil Vijay Nawandhar is a practicing Chartered Accountant in Sangli since 2006, specializing in taxation and audit. The company confirmed that none of the directors are related to existing Directors or Key Managerial Personnel.