Saptak Chem and Business Limited shareholders approved the reappointment of Ayush Vinod Kumar Tated as managing director during its 47th annual general meeting held on August 29, 2026. The virtual session also saw the regularization of appointments for two independent directors.

The meeting, chaired by Tated, commenced at 12:30 pm via video conferencing and concluded at 12:45 pm. The company secretary confirmed that the requisite quorum was present. National Securities Depository Limited facilitated remote e-voting, which remained open from August 26 to August 28, 2026.

Board Appointments and Resolutions

Shareholders passed several ordinary and special resolutions concerning the board of directors. Key decisions included:

• Reappointment of Ayush Vinod Kumar Tated as an executive director retiring by rotation.
• Regularization of Tated’s appointment as executive director.
• Appointment of Tated as managing director from January 9, 2026, to January 8, 2031.
• Regularization of Jubin Premji Gada’s appointment as a non-executive independent director.
• Regularization of Rinku Saini’s appointment as a non-executive independent director.

Financial Statements and Audit

The members adopted the audited financial statements for the fiscal year ended March 31, 2026, along with the reports of the board of directors and auditors. The audit report contained no qualifications, reservations, or adverse remarks. The notice for the AGM and the director’s report were taken as read.

No shareholders raised queries during the proceedings. Voting results were scheduled for announcement within 48 hours of the meeting’s conclusion.

Saptak Chem and Business Limited has rescheduled its 47th Annual General Meeting (AGM) for the financial year 2025-26. The meeting, originally set for Friday, August 28, 2026, will now be held on Saturday, August 29, 2026, at 12:30 pm through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

The company issued a corrigendum on August 17, 2026, to update the AGM notice and annual report. The revision affects the meeting date, the remote e-voting window, and the record date for shareholder eligibility.

Key Changes in Corrigendum

The following details were updated in the official notice:

Shareholders whose names appear in the Register of Members or Beneficial Owners as on the revised record date of August 22, 2026, are eligible to cast their votes electronically. The voting rights remain proportional to the shareholding in the paid-up equity capital as on this cut-off date.

Director Appointments

The corrigendum also aligns the tenure dates for two independent directors with the new AGM schedule. Mr. Jubin Premji Gada and Ms. Rinku Saini will hold office for five consecutive years commencing from August 29, 2026, to August 28, 2031. Previously, the notice incorrectly cited the start date as August 28, 2026, and the end date as August 27, 2031.

The Board of Directors, based on recommendations from the Nomination and Remuneration Committee, proposed these appointments for member approval via Special Resolution. Neither director is liable to retire by rotation.

Regulatory Compliance

The company dispatched the corrigendum to all shareholders and made it available on its website in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The updated notice was submitted to the Department of Corporate Services at BSE Limited for dissemination.