Riddhi Siddhi Gluco Biols Ltd has accepted the resignation of Pratik Mahendra Shah as Independent Director, effective June 22, 2026. The resignation was submitted due to increased commitments arising from the growth of his own business, which requires greater time, attention, and focus. This change impacts the company's board composition as it continues its operations.

The company disclosed the information in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was also made in accordance with Para 7 and 7B of Schedule III Part A of the regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.

Resignation Details

Pratik Mahendra Shah confirmed that there are no other material reasons for his resignation beyond the stated business commitments. He expressed gratitude to the Board of Directors for the support and cooperation during his tenure. The resignation was formally accepted by the company on June 22, 2026.

The following table summarizes the key details of the cessation:

Regulatory Compliance

The filing included the letter of resignation and the necessary disclosures as required by the Listing Regulations. The company confirmed that all procedural requirements have been met regarding the intimation to the stock exchanges. The resignation has been recorded in the company's official registers.

Riddhi Siddhi Gluco Biols Limited has called for a postal ballot to seek shareholder approval for shifting its registered office from the state of Gujarat to the state of Haryana. The company also seeks consent to alter the main object clause of its Memorandum of Association to include new business activities related to corn milling and agro-processing. These proposals require the approval of the Central Government through the Regional Director - North Western Region, Ministry of Corporate Affairs, and other relevant authorities.

The Board of Directors approved the proposal to shift the registered office to facilitate closer operational integration with Bluecraft Agro Private Limited, the group's principal operating company, which has its largest manufacturing facility in Haryana. The company recently acquired a corn milling plant with an annual capacity of 3 lakhs MT from Cargill India Private Limited in Davangere District of Karnataka. To accommodate this diversification, the company plans to expand its product portfolio to include Starches, Dextrose Monohydrate powder, and Dextrose Anhydrous powder, necessitating the alteration of the main object clause.

Mr. Kinjal Shah, Practicing Company Secretary, has been appointed as the Scrutinizer to conduct the postal ballot process through remote e-voting. The company has engaged the National Securities Depository Limited (NSDL) to facilitate the electronic voting facility. The cut-off date for determining shareholder eligibility to vote is Friday, May 29, 2026.

The remote e-voting period is scheduled to begin at 9.00 A.M. IST on Thursday, June 4, 2026, and will end at 5.00 P.M. IST on Friday, July 3, 2026. Members holding shares in either demat or physical form are requested to cast their votes during this window. The results of the postal ballot will be declared within two working days of the conclusion of the e-voting period and will be communicated to BSE Limited.

The explanatory statement notes that none of the Directors or Key Managerial Personnel of the company are interested, financially or otherwise, in the proposed resolutions. The altered Memorandum of Association will be available for inspection at the registered office of the company until the last date of remote e-voting.