Satiate Agri Limited published newspaper advertisements on August 6, 2026, confirming the schedule for its 39th Annual General Meeting (AGM) to be held on Thursday, August 27, 2026. The notices, placed in The Free Press Journal (English) and Choutha Sansaar (Hindi) in Indore, inform shareholders about the meeting details and remote e-voting procedures. This disclosure fulfills regulatory requirements under Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The AGM will be conducted via Video Conferencing or Other Audio-Visual Means (OAVM) at 5:00 P.M. IST. Shareholders holding shares as of the record date, August 20, 2026, are eligible to vote. Remote e-voting commenced on Monday, August 24, 2026, at 9:00 A.M. IST, and concludes on Wednesday, August 26, 2026, at 5:00 P.M. IST. Central Depository Services (India) Limited (CDSL) is facilitating the e-voting process.

Key Agenda Items

The primary business for the AGM involves significant leadership changes aimed at stabilizing operations amid financial losses. Shareholders will vote on:

• Appointment of Deepak Parashar as Whole-Time Director (Key Managerial Personnel) for a three-year term effective from May 30, 2026. Parashar brings over 25 years of experience in sales, marketing, and operations. His proposed monthly salary is ₹35,000, with provisions for annual increments up to ₹10,000 subject to Schedule V of the Companies Act, 2013.
• Appointment of Yogendra Singh Bhati as Non-Executive Non-Independent Director. Bhati was initially appointed as an Additional Director on May 30, 2026, and holds office until ratification by shareholders. He has over five years of experience in corporate strategy and risk management.
• Reappointment of Kailash Chand Dhaksiya, who retires by rotation.

Financial Context

These appointments come as Satiate Agri Limited navigates widening financial losses. In FY26, the company reported revenue from operations of ₹1161.88 lakh but incurred a profit before tax loss of ₹274.28 lakh. This contrasts with FY25, where revenue was ₹10.00 lakh and the loss before tax was ₹104.17 lakh. Management attributes the losses to global economic slowdown, higher finance costs, increased raw material prices, and manufacturing losses. Cost control measures and debt reduction initiatives are currently underway.

Regulatory Compliance

The company secretary, Priya Bhandari, submitted the newspaper advertisement copies to BSE Limited on August 6, 2026. The AGM notice and Annual Report for FY25-26 were electronically dispatched to registered members on August 5, 2026. The disclosures comply with Regulation 30 and Regulation 42 of the SEBI LODR Regulations, 2015, and relevant sections of the Companies Act, 2013.

Satiate Agri Limited reported a consolidated net loss of ₹327.51 lakh for the financial year ended March 31, 2026, widening from the loss of ₹104.17 lakh recorded in the previous year. The company's total income for the year stood at ₹1161.88 lakh, while total expenses reached ₹1438.41 lakh. The statutory auditors, M/s. S. N. Gadiya & Co., issued an unmodified opinion on the audited standalone and consolidated financial results, which were reviewed by the Audit Committee and approved by the Board on May 30, 2026.

Financial Performance

The standalone financial results for FY26 showed a net loss of ₹274.28 lakh. Revenue from operations for the year was ₹1161.88 lakh, with other income contributing ₹2.25 lakh. Total expenses for the period included significant finance costs of ₹57.07 lakh and purchases of stock in trade amounting to ₹1143.06 lakh. The company reported a basic and diluted earnings per share (EPS) of ₹(9.37) for the standalone results.

Consolidated Results

On a consolidated basis, the net loss for FY26 was ₹327.51 lakh. The results include the financial performance of the company's associates, Alpha Tar Industries Private Limited and Digital Micron Roto Printers Private Limited, which were acquired during the year. The share of loss of associates for the year was ₹53.23 lakh. Total consolidated income was ₹1164.13 lakh, with total expenses rising to ₹1438.41 lakh.

Key Disclosures and Legal Matters

The financial statements include significant disclosures regarding ongoing legal disputes. The erstwhile management had availed a loan of ₹405 Lakhs from Colama Commercial Ltd, which the company disputes on grounds of fraud; this matter is pending before the National Company Law Tribunal (NCLT), Indore bench. Consequently, no provision has been made for the principal amount or the related interest. Additionally, the company has received notices under the Insolvency and Bankruptcy Code (IBC), 2016 from Colama Commercial Ltd for an alleged default of ₹405.00 Lakhs and from Poonam Impex for an alleged default of ₹102.74 Lakhs. The company believes it has a strong case in both matters based on legal opinion.

Operational and Management Changes

During the year, the company underwent a change in management effective August 25, 2025. The new management noted that the erstwhile management did not hand over physical stock and detailed inventory records. As a result, the auditors were unable to observe physical inventory counting, leading to a provision for a shortage of ₹214.03 lakhs. A complaint has been filed with the Economic Offences Wing in Indore against the erstwhile management. Furthermore, the company appointed M/s. Pitia & Co., Chartered Accountants, to conduct a forensic audit for the period April 1, 2024, to March 31, 2025, regarding the disputed loan.