Shri Venkatesh Refineries Limited approved its annual report and fixed the date for its 24th Annual General Meeting (AGM) during a board meeting held on September 7, 2025.

The board also approved material related party transactions and appointed key statutory roles for the upcoming fiscal year.

Board Meeting Outcomes

The meeting, which commenced at 3:30 pm and concluded at 4:45 pm, addressed several critical corporate governance matters. Key decisions included:

• Approval of the company’s annual report, including the director’s report and annexures.
• Fixing the date, time, and location for the 24th AGM, along with approval of the AGM notice.
• Appointment of M/s Nitin Sharma & Co. as the scrutinizer to conduct the AGM and scrutinize voting results, including e-voting.
• Appointment of the secretarial auditor, cost accountant, and internal auditor.

Corporate Actions

The board considered a proposal to shift the company’s registered office. This move is subject to approval from members and the relevant stock exchanges.

The company requested the Bombay Stock Exchange to record these developments and inform stakeholders accordingly.

Shri Venkatesh Refineries Ltd has secured trading approval from BSE Limited to migrate its equity shares from the SME Platform to the Main Board, marking a significant step in its listing status. The exchange confirmed that trading of the company’s shares on the Main Board will commence on July 30, 2026. This transition exposes the firm to a broader investor base but also imposes stricter regulatory obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The approval follows the submission of requisite documents dated July 22, 2026. BSE issued Notice No: 20260729-3 on July 29, 2026, to its trading members regarding the migration. Dinesh Ganapati Kabre, Managing Director of Shri Venkatesh Refineries Limited, intimated the exchange’s Department of Listing Operation about the receipt of the trading approvals.

Regulatory and Operational Changes

With the move to the Main Board, Shri Venkatesh Refineries must adhere to all provisions of the SEBI (LODR) Regulations, 2015, effective from the first date of trading. This includes compliance with Corporate Governance (CG) requirements. The company is directed to submit all corporate compliances and filings through the online Listing Centre portal at http://listing.bseindia.com . This instruction aligns with earlier notices issued by the exchange, specifically Notice No: 20130208-6 dated February 08, 2013, and Notice No: 20130729-25 dated July 29, 2013.

Future Correspondence

BSE has instructed the company to quote the new code numbers allotted to its securities in all future correspondence with the exchange. This applies to matters such as record dates, dividend declarations, bonus shares, rights issues, preferential offers, and conversions of debentures into equity shares. The exchange noted that all existing provisions related to these corporate actions will now be governed by Main Board protocols rather than SME platform rules.

What the Numbers Show

While this filing does not disclose financial metrics, the migration itself signals a change in the company’s capital market footprint. The shift from the SME platform to the Main Board typically implies that the company has met certain eligibility criteria regarding public shareholding and paid-up capital, although specific thresholds are not detailed in this notice. The immediate implication for shareholders is increased visibility and adherence to more rigorous disclosure standards mandated by SEBI’s LODR framework.