Super Crop Safe Limited has issued a formal notice for its Extra-Ordinary General Meeting (EGM) scheduled for January 19, 2026, at 2:00 PM through video conferencing. The meeting will address critical corporate actions including the conversion of outstanding loans into equity shares worth ₹152.68 crores and regularisation of a key directorial appointment.

EGM Agenda and Key Resolutions

The company will seek shareholder approval for three special resolutions during the EGM. The primary focus centers on converting unsecured loans from related and non-related parties into equity shares through a preferential allotment mechanism.

Preferential Issue Structure

The board has approved the issuance of up to 1,17,44,731 equity shares of ₹2 face value each at an issue price of ₹13 per share. The preferential allotment will convert outstanding unsecured loans totaling ₹15,26,81,500 into equity shares for non-promoter entities.

Related Party Transaction Approval

The first resolution seeks approval for related party transactions involving loan conversion. Voltrix INC qualifies as a related party since Mr. Narendrasingh Zala, a company director, holds partnership interest in the firm. The transaction requires special resolution approval under Section 188 of the Companies Act, 2013 and Regulation 23 of SEBI LODR.

Shareholding Pattern Impact

The preferential issue will significantly alter the company's shareholding structure. Post-allotment, the promoter shareholding will decrease from 32.72% to 25.32%, while public shareholding will increase from 67.28% to 74.68%.

Directorial Regularisation

The third resolution addresses the regularisation of Mr. Satish I Patel's appointment as Executive Director. Following the demise of Mr. Ishwarbhai B Patel, the board appointed Mr. Satish I Patel as Additional Director on December 19, 2025. The EGM will seek formal shareholder approval for his three-year tenure until December 18, 2028.

Regulatory Compliance and Pricing

The issue price of ₹13 per share complies with SEBI ICDR Regulations, being higher than both the 90-day volume weighted average price (₹10.55) and the independent valuation report price. The relevant date for pricing determination is December 19, 2025, being 30 days prior to the EGM date.

Utilisation of Loan Proceeds

The converted loan amounts were previously utilised for critical business operations including repayment of secured loans (₹1.63 crores), working capital requirements (₹13.61 crores), and statutory liability payments (₹0.03 crores). The conversion will strengthen the company's capital structure by reducing debt burden and improving the debt-equity ratio.

Shareholders can participate in the EGM through the InstaMeet platform and exercise voting rights via the InstaVote e-voting system provided by MUFG Intime India Private Limited.

Super Crop Safe Limited , a leading player in the agro-chemical business, has announced its unaudited financial results for the first quarter ended June 30, 2025. The company's Board of Directors approved the results at a meeting held on August 14, 2025, revealing a significant improvement in both revenue and profitability.

Financial Highlights

• Net sales for Q1 FY2026 stood at Rs. 1,037.45 lakhs, up 9.28% from Rs. 949.33 lakhs in the previous quarter and 1.76% from Rs. 1,019.54 lakhs in the corresponding quarter of the previous year.
• Net profit surged to Rs. 123.28 lakhs, marking a substantial recovery from a loss of Rs. 55.22 lakhs in the previous quarter and a 148.65% increase from Rs. 49.58 lakhs in the same quarter last year.
• Basic earnings per share (EPS) improved to Rs. 0.31, compared to a loss of Rs. 0.13 per share in the previous quarter and Rs. 0.12 in Q1 FY2025.

Quarterly Performance Analysis

Super Crop Safe Limited demonstrated resilience in its Q1 FY2026 performance, with a notable improvement across key financial metrics. The company's net sales saw a healthy increase both quarter-on-quarter and year-on-year, indicating a robust demand for its agro-chemical products.

The most striking aspect of the results was the significant turnaround in profitability. The company swung from a loss in the previous quarter to a substantial profit, more than doubling its net profit compared to the same quarter last year. This impressive growth in bottom line reflects effective cost management and operational efficiency.

Operational Overview

The company's financial statement reveals that the cost of materials consumed increased to Rs. 810.26 lakhs in Q1 FY2026, up from Rs. 679.16 lakhs in Q1 FY2025. This rise in material costs was offset by improvements in other operational areas, contributing to the overall profitability.

Employee benefits expense saw a reduction to Rs. 3.53 lakhs from Rs. 28.68 lakhs in the corresponding quarter last year, indicating potential restructuring or optimization of human resources.

Finance costs increased marginally to Rs. 46.46 lakhs from Rs. 35.48 lakhs year-on-year, while depreciation and amortization expenses rose to Rs. 12.69 lakhs from Rs. 10.60 lakhs.

Management Commentary

Ishwarbhai Patel, Chairman of Super Crop Safe Limited, stated in the company's filing, "The Board of Directors has reviewed and approved the unaudited financial results for the first quarter ended June 30, 2025. We are pleased with the company's performance, which demonstrates our ability to navigate market challenges and deliver strong results."

Future Outlook

While the company has not provided specific forward-looking statements, the robust Q1 performance sets a positive tone for the fiscal year 2026. The agro-chemical sector's performance is often tied to agricultural trends and seasonal factors, which investors may want to monitor in the coming quarters.

Super Crop Safe Limited has also announced that its Annual General Meeting is scheduled for September 30, 2025, where shareholders will have the opportunity to engage with the management and discuss the company's performance and strategies.

As the company continues to operate in the dynamic agro-chemical sector, stakeholders will be keen to see if the strong performance in Q1 FY2026 can be sustained in the subsequent quarters.