Satiate Agri Limited announced the simultaneous resignation of two key managerial personnel — its Managing Director and its Chief Financial Officer — both effective from the closing hour of May 10, 2026. The Board of Directors formally accepted and recorded these resignations at its meeting held on May 11, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Personnel Departures

The company disclosed the departure of two senior officials at the Board meeting. The following table summarises the details of both resignations:

Details of Individual Resignations

Sudhir Jain — Managing Director

Sudhir Jain (DIN: 00046442) submitted his resignation from the position of Managing Director and Key Managerial Personnel of Satiate Agri Limited vide his resignation letter dated May 10, 2026, citing personal and unavoidable circumstances. As a consequence of his resignation, he also ceased to be a member of the Stakeholders' Relationship Committee of the company.

Samyak Jain — Non-Executive Non-Independent Director & CFO

Samyak Jain (DIN: 09234890) submitted his resignation from the position of Non-Executive Non-Independent Director and Chief Financial Officer (KMP) vide his resignation letter dated May 10, 2026, citing personal reasons. In his resignation letter, Samyak Jain confirmed his commitment to extend full cooperation to ensure a smooth transition, including the completion of handover of responsibilities, records, and any information required by the management. He also requested the Board to arrange for necessary filings and intimations with the Registrar of Companies and other regulatory authorities, as applicable.

Board Meeting and Regulatory Compliance

The Board meeting at which both resignations were considered and approved commenced at 06:00 PM IST and concluded at 06:30 PM IST on May 11, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The intimation was signed by Priya Bhandari, Company Secretary & Compliance Officer of Satiate Agri Limited.

Both resigning officials confirmed in their respective resignation letters that there are no material reasons for their departure beyond those stated therein.

Satiate Agri Limited has officially communicated to BSE Limited that the company does not qualify as a Large Corporate under SEBI's regulatory framework, thereby exempting it from specific compliance requirements for the financial year 2025-26.

Official Communication Details

The company's formal notification to BSE Limited was issued on April 09, 2026, from its registered office at 31, Sneh Nagar, F. No.18, Vatsalay Chamber, Indore, Madhya Pradesh. The communication references key SEBI circulars that establish the Large Corporate Framework, including SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021.

Regulatory Framework and Compliance Status

Satiate Agri Limited confirmed that it does not fall under the category of Large Corporate as per the framework and applicability criteria provided in Para 1.2 of Chapter XII of the SEBI Operational Circular. The chapter specifically addresses "Fund raising by issuance of debt securities by large corporate" under the regulatory framework.

Exempted Disclosure Requirements

Based on its non-Large Corporate status, Satiate Agri Limited is exempt from filing several mandatory disclosures. The company specifically stated that there is no requirement for filing Initial Disclosure within 30 days from the beginning of the Financial Year and Annual Disclosure within 45 days of the end of Financial Year.

The exempted filings include:

• Initial Disclosure in "Annexure A" as per BSE notices
• Annual Disclosure in "Annexure B2" as per BSE circulars
• Initial Disclosure in "Annexure XII A" to SEBI operational circular
• Annual Disclosure in "Annexure XII B2" to SEBI operational circular

Company Information and Authorization

The official communication was jointly signed by Priya Bhandari, Company Secretary and Compliance Officer, and Samyak Jain, Chief Financial Officer. The document also bears the company seal of Satiate Agri Limited, confirming its authenticity.

This regulatory confirmation ensures transparency in compliance status and helps investors understand the company's position regarding SEBI's Large Corporate Framework requirements for the financial year ended March 31, 2026.