Pratiksha Chemicals Limited has announced the resignation of its secretarial auditor M/s. A. Shah & Associates under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The resignation was communicated to BSE Limited on April 09, 2026.

Resignation Details

CS Anish Shah, proprietor of M/s. A. Shah & Associates, formally tendered his resignation as secretarial auditor effective from February 02, 2026. The auditor holds Membership No. 4713 and Certificate of Practice No. 6560.

Reasons for Resignation

In his resignation letter dated February 02, 2026, CS Anish Shah cited personal reasons and pre-occupation with other professional commitments as the primary factors behind his decision. He stated that these circumstances restrict him from dedicating the necessary time and attention required to carry out the duties of secretarial auditor effectively.

The auditor confirmed that there are no material reasons or matters that should be brought to the attention of the Board or members, other than those mentioned. He also undertook to extend full cooperation in ensuring a smooth handover to his successor, if required.

Company's Response and Disclosure Delay

Pratiksha Chemicals Limited accepted the resignation and relieved the auditor from his duties from the closing of working hours on February 02, 2026. The company explained the delay in disclosure, stating it was actively engaged in discussions to retain the auditor's services given the critical nature of his role.

Despite the company's efforts, the auditor remained firm on his decision to step down. Once it became clear that he would not reconsider his decision, the company proceeded to disclose the resignation to the exchange.

Corporate Information

Pratiksha Chemicals Limited, incorporated under CIN L24110GJ1991PLC015507, has its registered office at 26/Office, Newyork Trade Centre, Opp. Muktidham Derasar, Sarkhej Gandhinagar Highway, Thaltej, Ahmedabad, Gujarat. The disclosure was signed by Managing Director Sumit Harjibhai Gol (DIN: 11367027).

Pratiksha Chemicals Limited has successfully concluded its Board of Directors meeting held on April 6, 2026, with the approval of significant alterations to the company's Main Objects Clause of the Memorandum of Association. The meeting, which commenced at 04:00 p.m. and concluded at 04:30 p.m., marked a crucial step in the company's strategic business expansion plans.

Board Meeting Outcome and Approval

The board has formally approved the addition of new business objects, subject to member approval, expanding the company's operational scope significantly. The outcome was communicated to BSE Limited through an official notification signed by Sumit Harjibhai Gol, Managing Director (DIN: 11367027).

Approved Business Expansion Areas

The board has approved the addition of two new sub-clauses (12 and 13) to the existing eleven sub-clauses in the Main Objects Clause, representing a strategic diversification into agricultural and allied business activities.

Agri-Inputs Manufacturing and Trading

The first approved sub-clause encompasses comprehensive agri-input operations, positioning the company as a manufacturer, importer, exporter, wholesaler, retailer, and dealer in:

• Fertilizers and micronutrients
• Pesticides and insecticides
• Veterinary and livestock feeds and feed supplements
• Fish feeds and supplements

Agricultural Equipment and Direct Farming Operations

The second approved sub-clause covers equipment trading and direct agricultural activities:

Next Steps and Member Approval Process

While the board has approved these alterations, the changes are subject to member approval as required under corporate governance regulations. The company will need to convene a shareholders' meeting to seek formal approval from members before implementing these business object changes.

The approved alterations will expand Pratiksha Chemicals Limited's business scope from its current operations to include comprehensive agricultural value chain activities, potentially positioning the company as an integrated agricultural solutions provider in the Indian market.