Standard Batteries Ltd will close its trading window for insiders starting October 1, 2026. The restriction remains in effect until 48 working hours after the company publishes its un-audited financial results for the quarter and half year ended September 30, 2026.

The decision follows the company's intimation to the BSE Listing Department on September 25, 2026. This action complies with Clause 6 of the Code of Internal Procedures and Conduct for Regulation, Monitoring and Reporting of Trading by Insiders. It also adheres to amended Clause 4 of Schedule B of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Scope of Trading Restriction

The closure applies to Directors, Designated Persons, and their immediate relatives. These individuals are prohibited from dealing in the company's scrip during the specified period. The measure ensures that no insider trades while possessing unpublished price-sensitive information regarding the upcoming financial performance.

Compliance Framework

The company cited BSE Circular no. LIST/COMP/01/2019-20 dated April 02, 2019, titled "Clarification regarding trading restriction period." This circular provides guidance on the timing of trading window closures relative to financial result announcements. The Standard Batteries Ltd Company Secretary and Compliance Officer signed the digital notice confirming these procedural steps.

Standard Batteries shareholders unanimously approved all agenda items at the company’s 79th Annual General Meeting (AGM) held on September 1, 2026. The adjourned meeting, conducted via video conference, saw full support for the adoption of financial statements and management appointments.

The original AGM scheduled for August 25, 2026, was postponed due to a lack of quorum. Under Section 103 of the Companies Act, 2013, the adjourned session proceeded with six members present after the initial half-hour mark. Independent Director Kavita Biyani chaired the proceedings.

Resolutions Passed

Shareholders voted in favor of two ordinary resolutions and one special resolution. All votes were cast through remote e-voting between August 22 and August 24, 2026. No votes were recorded against any item.

The re-appointment of Mr. Pradip Bhar follows his retirement by rotation. The special resolution extends the tenure of General Manager Hiren Umedray Sanghavi for one year, effective April 22, 2026.

Voting Participation

Out of 14,276 shareholders on the record date of August 18, 2026, only 31 members cast valid votes totaling 3,077,020 shares. This represents approximately 59.5% of the total outstanding shares eligible for voting. Promoter and promoter group entities held 2,100,282 shares and voted in full favor of all resolutions.

Public institutional investors held 1,204,451 shares and cast 975,973 votes, also supporting all items unanimously. Non-institutional public shareholders held 1,866,392 shares but contributed only 765 votes to the total count.

What the Numbers Show

The voting data reveals a significant concentration of participation among promoter and institutional holders. While promoters cast 100% of their eligible votes, non-institutional retail shareholders participated at a rate of less than 0.05%. This disparity suggests that governance decisions are heavily influenced by core stakeholders rather than the broader retail base.