Shentracon Chemicals Limited has intimated BSE Limited of the dispatch of letters providing a web-link for accessing its complete Annual Report for the financial year 2025-26. The intimation, dated 29th July, 2026, was filed pursuant to Regulation 30 read with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The letters are being sent specifically to those shareholders who have not registered their email addresses with the Company, its Registrar and Transfer Agents, or Depository Participants.

Annual General Meeting Details

The company has also notified shareholders of its upcoming 33rd Annual General Meeting. Key details of the meeting are presented below:

Shareholder KYC and Compliance Requirements

In addition to the Annual Report dispatch, Shentracon Chemicals has reminded shareholders of their obligations under SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 07, 2024. The circular mandates all listed companies to record specific details for security holders holding securities in physical mode. Shareholders are also encouraged to dematerialize their physical securities at the earliest.

The following KYC details are required to be updated for security holders holding securities in physical mode:

• PAN
• Address with PIN code
• Mobile Number
• Bank Account details
• Specimen Signature
• Choice of Nomination
• Email ID (optional, but recommended for online services)

The SEBI circular further mandates that security holders holding securities in physical mode, whose folios do not have PAN, Choice of Nomination, contact details, Bank Account details, and Specimen Signature updated, shall be eligible for any payment — including dividend, interest, or redemption payment — only through electronic mode with effect from April 1, 2024.

Registrar and Transfer Agent Contact

Shareholders with queries or service requests are directed to contact the company's Registrar and Transfer Agent, Purva Sharegistry (India) Private Limited. Relevant forms including ISR-1, ISR-2, ISR-3, SH-13, SH-14, and related SEBI circulars are available on the company's website at https://www.shentracon.com/fin.html or on the RTA's website at https://purvashare.com/faq . Electronic service requests can be raised through https://purvashare.com/investor/login/ or by contacting 022 4134 3255 / 56, or via email at support@purvashare.com .

The intimation was signed by Amit Lalit Jain, Managing Director of Shentracon Chemicals Limited (DIN: 05263766), on 29th July, 2026.

Shentracon Chemicals reported a net loss of ₹33.35 lakh for the financial year ended March 31, 2026 (FY26), compared to a loss of ₹29.90 lakh in the previous year. The company generated total income of ₹16.75 lakh, primarily from its emerging fashion jewellery business, marking a strategic pivot from its historical chemicals operations. Despite the operational revenue, the loss widened due to exceptional items amounting to ₹40.42 lakh. Shareholders will decide on the company’s future trajectory at the 33rd Annual General Meeting (AGM) on August 21, 2026, where they will vote on renaming the entity to Midaas Fashions Limited and executing a 2:1 stock split to enhance liquidity.

The Board of Directors has proposed a comprehensive restructuring to align the corporate identity with its new business focus. Key resolutions include altering the object clause to permit the manufacturing and trading of gold-plated, imitation, and lab-grown diamond jewellery. To support this transition, the company seeks approval to sub-divide equity shares, reducing the face value from ₹10 to ₹5. This move aims to widen the shareholder base by making shares more affordable for retail investors without altering the total capital value. Additionally, the registered office will shift from West Bengal to Maharashtra to improve administrative efficiency.

Financial Performance and Operational Shift

The financial results for FY26 highlight the transitional phase of the company. While profit before depreciation and tax stood at ₹7.07 lakh, the recognition of exceptional items led to the final net loss. Excluding these non-operational charges, the core operational performance remained stable. The company’s net worth stood at negative ₹225.80 lakh as of March 31, 2026, down from negative ₹192.45 lakh in the prior year. No dividend was recommended for the year. The management emphasized that the revenue generated was in compliance with permitted objects under the Memorandum of Association, signaling a deliberate entry into the fashion jewellery sector.

Governance and Board Changes

A significant change in control occurred during FY26 when Amit Lalit Jain and Hanissh Kanakraj Jaain acquired 52.22% of the equity share capital through a Share Purchase Agreement dated September 4, 2025. Consequently, an open offer was made for up to 26% of the voting share capital at ₹0.50 per share. This acquisition led to a reconstitution of the Board. Amit Lalit Jain has been appointed as Managing Director, while Hanissh Kanakraj Jaain serves as Director. Independent directors Ashish Bakliwal and Madhuri Toshniwal were appointed for five-year terms starting October 24, 2025.

Capital Restructuring Details

The proposed capital restructuring involves reclassifying authorized preference share capital into 12,80,000 Cumulative Non-Convertible Redeemable Preference Shares (CNCRPS) of ₹50 each. Post-split, the authorized equity capital will rise to 1.02 crore shares. The total authorized capital remains unchanged at ₹11.50 crore. The Board also sought approval for loans, investments, and guarantees up to ₹50 crore under Section 186 of the Companies Act, 2013, to fund expansion into new retail verticals.

What the Numbers Show

The divergence between the modest operational profit and the significant net loss underscores the impact of one-time exceptional items rather than core business failure. The strategic pivot to fashion jewellery, supported by a new management team with sector-specific expertise, suggests a long-term repositioning strategy. The stock split and name change are tactical moves to improve market perception and liquidity ahead of full-scale operations in the new segment.

Voting and Meeting Details

Remote e-voting will be facilitated by Central Depository Services (India) Limited (CDSL). The voting window opens on August 18, 2026, at 9:00 A.M. and closes on August 20, 2026, at 5:00 P.M. Shareholders holding shares as of the cut-off date, August 14, 2026, are eligible to vote. Mr. Ajay Yadav, Practising Company Secretary, has been appointed as the Scrutinizer. Statutory auditors M/s. Mark & Co. and secretarial auditor M/s Hemang Satra and Associates have completed their reviews for the year.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0OUS01011/9f04e22b-31dc-473a-9beb-2a16bf6238e1.pdf