Sanginita Chemicals Ltd has approved a proposal to change its corporate name to Agastya Energy and Infrastructure Limited, subject to shareholder approval, signaling a strategic shift in its business identity. The board also sanctioned the relocation of the registered office from Gujarat to Haryana. An Extra-Ordinary General Meeting (EGM) is scheduled for August 07, 2026, to secure member consent for these alterations, which require modifications to the Memorandum of Association and Articles of Association.

The Board of Directors, in a meeting held on July 15, 2026, approved the notice for convening the EGM. The meeting is set to take place at 03:00 P.M. via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The formal notice for the EGM will be dispatched to the stock exchanges in due course.

The proposed name change from Sanginita Chemicals Limited to Agastya Energy and Infrastructure Limited is contingent upon the approval of the shareholders. Consequently, the company will alter the relevant clauses of its Memorandum of Association and Articles of Association to reflect the new name. This process will be conducted in accordance with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Additionally, the board approved the shift of the registered office from the State of Gujarat to the State of Haryana. This relocation requires approval from the members, the Regional Director (North Western Region, Ahmedabad), the Registrar of Companies (Ahmedabad and Haryana), and the stock exchanges where the equity shares of the company are listed.

The board meeting, which commenced at 3.00 p.m. and concluded at 3.45 p.m., also addressed the alteration of the Memorandum of Association (MOA) as per the Companies Act, 2013. Nidhi Dixit, Company Secretary & Compliance Officer, signed the regulatory intimation submitted to the National Stock Exchange of India Limited.

Sanginita Chemicals Ltd has incorporated a wholly owned subsidiary named Agastya Solar Power Private Limited on July 07, 2026, to expand its business operations. The Ministry of Corporate Affairs has approved the incorporation and issued a Certificate of Incorporation for the new entity. This strategic move follows the company's earlier intimation dated June 17, 2026, regarding the formation of the subsidiary under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The newly formed subsidiary, Agastya Solar Power Private Limited, has an authorised share capital of ₹15,00,000. The paid-up and subscribed share capital of the company stands at ₹1,00,000, divided into 10,000 equity shares of ₹10 each. This capital structure provides the initial financial foundation for the subsidiary's operations.

Financial Details of Agastya Solar Power Private Limited

The disclosure was made to the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had initially informed the exchange about its intention to incorporate this subsidiary on June 17, 2026. The detailed information regarding the subsidiary is available in the prior disclosure submitted by the company.

For Sanginita Chemicals Limited, the filing was signed by Gaurav Kumar Tripathi, Whole Time Director. The incorporation marks a significant step in the company's corporate structure as it establishes a dedicated entity for solar power operations.