Phyto Chem (India) Ltd has scheduled a meeting of its Board of Directors for Tuesday, September 29, 2026, at 11:30 am. The primary agenda is to review the business and performance of the company in general.

The meeting will take place at the company's registered office located at Survey No. 628, Temple Street, Bonthapally, Gummadidala Mandal, Sangareddy District, Telangana. This intimation was issued on September 22, 2026, in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting details

The notice was signed by Y. Janaki Ramaiah, Executive Director. No specific financial results or dividend declarations were mentioned in the initial intimation regarding the scope of the review.

Phyto Chem (India) Limited has scheduled its 37th Annual General Meeting for September 29, 2026. The meeting will address the adoption of financial statements for FY26 and a special resolution to lease spare manufacturing capacity.

The company seeks shareholder approval under Section 180(1)(a) of the Companies Act, 2013, to lease its factory facilities to M/s. Tricom Agro Private Limited. The Board of Directors approved the proposal in its meeting held on August 13, 2026, citing effective utilization of assets as the primary rationale.

Lease Transaction Details

The proposed lease involves the spare capacity of the company’s manufacturing plant located in Sangareddy District, Telangana. The transaction is structured as a commercial lease with an independent third party.

The explanatory statement notes that the leased area comprises 32,420 square feet out of a total constructed area of 50,750 square feet. The deal aims to generate a recurring revenue stream to enhance shareholder value. No directors or key managerial personnel have a financial interest in the transaction beyond their shareholding.

Corporate Governance Updates

Mr. K. Srinivasa Rao will retire by rotation and offer himself for reappointment as a non-executive, non-independent director. He holds 20,094 equity shares and attended two out of five board meetings during FY25-26.

Voting Logistics

E-voting will be open from September 26 to September 28, 2026. The record date for voting rights is September 22, 2026. The register of members and share transfer books will remain closed from September 23 to September 29, 2026.