Puretrop Fruits Limited and Suraj Industries Limited have announced significant corporate developments, with both companies making important announcements regarding shareholder actions and corporate governance matters.

Suraj Industries Rights Call Announcement

Suraj Industries Limited has established January 27, 2026 as the record date for its first call on partly paid-up rights equity shares. The company will determine eligible shareholders for the first call payment on this date.

The rights equity shares were originally allotted on a rights basis pursuant to the Letter of Offer dated October 09, 2025. Shareholders whose names appear on the register as of the record date will receive the first call notice for payment.

Puretrop Fruits Postal Ballot Process

Puretrop Fruits Limited has initiated a comprehensive postal ballot process to seek shareholder approval on two critical resolutions. The company sent the postal ballot notice via email on January 20, 2026 to all eligible members.

Key Voting Details

Resolution Details

The postal ballot covers two special resolutions requiring shareholder approval:

Resolution 1 - Share Buyback Program:

• Buyback of up to 11,00,000 fully paid-up equity shares
• Face value of ₹10.00 per share (representing 13.80% of total equity)
• Buyback price of ₹200.00 per equity share
• Total consideration not exceeding ₹22,00,00,000 (excluding transaction costs)
• Implementation through tender offer route via stock exchange mechanism

Resolution 2 - CEO Appointment:

• Appointment of Ms. Dipti Motiani as Chief Executive Officer
• Term of 5 years effective from March 1, 2026
• Ms. Dipti Motiani is the daughter of Managing Director Mr. Ashok Motiani and Whole-time Director Mrs. Nanita Motiani

SBI Factors Financial Performance

SBI Factors Limited reported its financial results for the quarter ended December 31, 2025, showing steady operational performance across key metrics.

For the nine months ended December 31, 2025, SBI Factors achieved total income of ₹22,455 lakhs compared to ₹16,568 lakhs in the corresponding period of the previous year. The company's debt-equity ratio stood at 4.92 as of December 31, 2025.

Corporate Governance and Compliance

Both Suraj Industries and Puretrop Fruits have demonstrated adherence to regulatory requirements in their respective announcements. Suraj Industries' rights call process follows standard procedures for partly paid-up shares, while Puretrop Fruits' postal ballot complies with Companies Act provisions and SEBI listing regulations.

The companies have engaged appropriate professionals for oversight, with Puretrop Fruits appointing a qualified scrutinizer to ensure transparent voting processes. All documentation and voting procedures follow prescribed regulatory frameworks for corporate actions and shareholder approvals.

Puretrop Fruits Limited has issued a comprehensive postal ballot notice dated January 21, 2026, seeking shareholder approval for two significant corporate actions through electronic voting.

Buyback Proposal Details

The company's Board of Directors approved a substantial buyback proposal on January 12, 2026, subject to shareholder consent. The buyback parameters are structured as follows:

The buyback price of ₹200.00 per share represents a premium of 27.51% to the volume weighted average market price during the three months preceding January 7, 2026, and a 23.00% premium over the closing price on January 6, 2026.

Financial Compliance and Funding

Based on the audited interim financial statements as of September 30, 2025, the company demonstrates strong financial compliance:

The buyback represents 17.42% of the aggregate paid-up equity share capital and free reserves, well within the statutory limit of 25%. The company will fund the buyback through free reserves and internal accruals, with no borrowings to be utilized for this purpose.

CEO Appointment Proposal

The second resolution seeks approval for appointing Ms. Dipti Motiani as Chief Executive Officer for a five-year term commencing March 1, 2026. Her compensation structure includes:

Ms. Dipti Motiani brings significant credentials, holding a Post-Graduate degree in Electrical and Computer Engineering from Carnegie Mellon University and a Bachelor's degree from Nirma Institute of Technology, where she secured first rank. She has been associated with the company since 2009, currently serving as Vice President.

Promoter Participation and Shareholding

The promoter group, holding 62.39% of total equity, has expressed intention to participate in the buyback:

E-Voting Process and Timeline

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. Key dates include:

• Cut-off Date: January 9, 2026
• E-voting Commencement: January 21, 2026 at 9:00 AM IST
• E-voting Conclusion: February 19, 2026 at 5:00 PM IST
• Record Date: To be announced post-approval

Shareholders can access the voting platform through their demat accounts with NSDL or CDSL, or through the company's registrar Bigshares Services Private Limited. The postal ballot notice and detailed voting instructions are available on the company's website www.puretrop.com and NSDL's e-voting portal.

Regulatory Compliance and Auditor Confirmation

F.P. & Associates, the company's statutory auditors, have provided confirmation regarding the permissible capital payment and the Board's solvency opinion. The auditors verified that the buyback amount complies with statutory requirements and that the company will remain solvent for one year following the buyback completion.

Both resolutions require approval by special resolution, necessitating a majority of not less than three-fourths of the votes cast. The results will be declared within two working days of the e-voting conclusion and communicated to BSE Limited where the company's shares are listed.