Zuari Agro Chemicals Limited has announced the implementation of a special window for the transfer and dematerialisation of physical shares, in compliance with recent SEBI regulations. The company published newspaper advertisements on March 25, 2026, informing shareholders about this significant development.

Special Window Details

The special window has been established for a period of one year, operating from February 5, 2026 to February 4, 2027. This initiative specifically targets physical securities that were sold or purchased prior to April 1, 2019.

Transfer Requirements and Process

The special window also accommodates previously submitted physical share transfer requests that were rejected, returned, or not processed due to deficiencies in documents, processes, or other issues. All securities transferred under this window will be mandatorily credited only in dematerialised form to the transferee's demat account.

Transferees must submit all required documents as prescribed under the SEBI circular to the company's Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited. The RTA unit for Zuari Agro Chemicals Limited is located at C-101, 247 Park, L.B.S Marg, Vikhroli (West), Mumbai - 400083.

Lock-in Period and Restrictions

Securities transferred under this special window will be subject to a lock-in period of one year from the date of registration of transfer. During this period, the securities cannot be transferred, lien-marked, or pledged.

Exclusions and Limitations

The company has clarified that cases involving disputes between transferor and transferee will not be considered under this special window. Such matters must be resolved through appropriate court or NCLT proceedings. Additionally, securities already transferred to the Investor Education and Protection Fund (IEPF) are not eligible for processing under this window.

Publication and Compliance

The newspaper advertisements were published in multiple editions including Business Line all India edition (English), Dainik Herald Goa edition (Marathi), and o Heraldo Goa edition (English). The company has made copies of the advertisements available on its website at www.zuari.in , ensuring comprehensive stakeholder communication and regulatory compliance.

Zuari Agro Chemicals Limited has successfully completed its postal ballot process and submitted comprehensive regulatory disclosures to BSE Limited and National Stock Exchange of India Limited. The company received overwhelming shareholder support for the special resolution regarding alteration of the object clause and adoption of amended Memorandum of Association, with the voting process concluding on March 20, 2026.

Regulatory Submission and Compliance

Company Secretary Asheeba Pereira formally submitted the voting results and detailed disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 to both stock exchanges on March 20, 2026. The submission included comprehensive documentation of the postal ballot process and specific amendments to the Memorandum of Association, fulfilling regulatory requirements.

Voting Results and Shareholder Participation

The postal ballot demonstrated exceptional shareholder support, with 99.84% of votes cast in favor of the resolution. The voting process recorded significant participation across different shareholder categories, with promoter group showing complete engagement.

Key Amendments to Memorandum of Association

The approved amendments enable significant expansion of the company's business scope, particularly in the mining sector. The alterations include structural changes to the object clause and addition of new business activities.

Mining Business Expansion Authorization

The most significant amendment involves adding comprehensive mining operations as a new main object under Clause III (A). This enables the company to carry on business of mining, excavation, extraction, production, processing, beneficiation, grading, washing, transportation, storage, sale, purchase, import, export and dealing in minerals, ores and mineral substances of all kinds including coal, iron ore, bauxite, limestone, manganese, chromite and other metallic and non-metallic minerals.

Additional Operational Capabilities

The amendments also authorize the company to participate in mining lease auctions, acquire prospecting licences, composite licences and other mineral concessions through auction or any other mode as permitted by Central Government or State Governments. Five new sub-clauses were added under Clause III (B) covering reconnaissance, prospecting, exploration, regulatory compliance, land acquisition, infrastructure development, and mine closure obligations.

Corporate Governance and Strategic Positioning

The successful completion of this postal ballot represents a significant milestone in the company's strategic expansion framework. The process was conducted in strict accordance with SEBI regulations and MCA circulars, ensuring complete transparency and regulatory compliance. The alteration of object clause positions the company for diversification into the mining sector while maintaining its existing agricultural chemicals business, demonstrating shareholder confidence in the company's growth strategy through transparent decision-making processes.