Standard Surfactants Limited has issued a postal ballot notice seeking member approval for a preferential issue of convertible warrants worth ₹4,64,00,000. The Board of Directors approved the postal ballot notice on February 14, 2026, initiating the process for member approval through remote e-voting.

Postal Ballot Schedule and Process

The remote e-voting process is scheduled from February 15, 2026 at 9:00 AM IST to March 16, 2026 at 5:00 PM IST. The company has engaged National Securities Depository Limited (NSDL) to provide remote e-voting facilities to its members. Mr. Shivansh Tiwari (Membership No. ACS 33060), a Practicing Company Secretary, has been appointed as the Scrutinizer to conduct the postal ballot process.

Convertible Warrants Details

The company proposes to issue up to 8,00,000 convertible warrants at an issue price of ₹58 per warrant. Each warrant is convertible into one fully paid-up equity share with a face value of ₹10 and a premium of ₹48. The warrants will have a tenure of 18 months from the date of allotment.

Proposed Allottees and Allocation

The warrants will be issued exclusively to promoter group members on a preferential basis. The allocation is structured across three key promoter group individuals:

Fund Utilization and Corporate Purposes

The company intends to utilize the proceeds for working capital requirements and general corporate purposes. The fund allocation follows a structured approach with specific percentages designated for different business needs.

Working Capital Requirements: Up to 75% of the issue proceeds (₹3,48,00,000) will be allocated for strengthening the company's financial position and supporting day-to-day operational needs, including funding inventory purchases and supplier payments.

General Corporate Purposes: Up to 25% of the issue proceeds (₹1,16,00,000) will be utilized for general corporate exigencies, contingencies, and other permissible purposes as determined by the Board.

Shareholding Impact and Regulatory Compliance

Post-conversion, the promoter shareholding will increase from 62.14% to 65.48%, while public shareholding will decrease from 37.86% to 34.52%. The relevant date for price determination has been set as February 13, 2026, being the working day immediately preceding 30 days prior to the resolution date.

The warrants and resulting equity shares will be subject to lock-in periods as specified under SEBI ICDR Regulations. The company has obtained necessary valuations from CA Vishukant Goel, Registered Valuer, and compliance certificates from practicing professionals to ensure regulatory adherence.

Members eligible to vote are those whose names appear in the register as of the cut-off date of February 13, 2026. The postal ballot notice and related documents are available on the company's website and will also be accessible on BSE and NSDL platforms following the declaration of results.

Standard surfactants Limited has announced a board meeting scheduled for February 05, 2026, to consider fund raising initiatives. The company informed BSE Limited about this development through an official communication dated January 30, 2026.

Meeting Agenda and Purpose

The Board of Directors will convene to consider and evaluate proposals for raising funds through various mechanisms. The meeting will specifically focus on:

• Issue of securities as a primary fund raising option
• Alternative financing modes and structures
• Evaluation of regulatory and statutory approval requirements

Regulatory Compliance

The announcement was made in strict adherence to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to inform stock exchanges about board meetings in advance.

Company Leadership

The communication was signed by Pawan Kumar Garg, Chairman and Managing Director (CMD) of Standard Surfactants Limited, with DIN: 00250836. The company maintains its registered office at 8/15, Arya Nagar, Kanpur-208 002, with manufacturing operations at Mandideep, Bhopal.

Next Steps

The board meeting outcomes will be subject to obtaining necessary regulatory and statutory approvals as required for the proposed fund raising activities. The company has indicated that all decisions will be made in compliance with applicable regulations and approval processes.