Sayaji Industries Limited has officially notified the BSE about its upcoming Board of Directors meeting scheduled for February 12, 2026. The meeting has been called to review and approve the company's financial performance for the third quarter and nine months period ending December 31, 2025.

Board Meeting Agenda

The company has outlined a focused agenda for the Board meeting, with primary emphasis on financial results approval. The meeting will address key corporate governance requirements under regulatory compliance.

Trading Window Restrictions

In compliance with insider trading regulations, Sayaji Industries Limited has implemented trading window closure measures. The company has informed that the trading window for designated persons, including their immediate relatives, will remain closed until 48 hours post publication of the financial results.

Regulatory Compliance

The Board meeting notification has been issued pursuant to Regulation 29(1) & (2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework ensures transparency and proper disclosure of material information to stakeholders and market participants.

The company has also confirmed that all relevant information is being hosted on its official website at www.sayajigroup.in , in accordance with Regulation 46(2)(l)(i) requirements. The notification was signed by Vishnu H Thaker, Company Secretary & Compliance Officer, ensuring proper authorization and documentation of the corporate communication.

Sayaji Industries Limited has announced a strategic partnership with France's Nigay SAS to enter the caramel manufacturing business through a 50:50 joint venture. The collaboration will establish a state-of-the-art caramel production facility in Ahmedabad, marking a significant expansion into specialty food ingredients.

Joint Venture Structure and Objectives

The partnership brings together Sayaji Industries' operational expertise with Nigay SAS's technical knowledge in caramel production. The joint venture targets high-growth emerging markets across multiple regions, capitalizing on increasing demand for caramel products in various food applications.

Market Opportunity and Applications

The venture addresses rising demand across multiple food categories where caramel products serve as key ingredients. The partnership positions both companies to capture growth opportunities in expanding markets through localized production capabilities.

Key Application Sectors:

• Beverages industry
• Flavours and fragrances
• Bakery products
• Ready-to-consume food categories

Management Commentary

Priyam Mehta, Chairman and Managing Director of Sayaji Industries Limited, emphasized the strategic importance of the initiative: "The new caramel manufacturing plant will be set up in Ahmedabad. With our prior experience and Nigay's technical expertise in caramel, we are confident of building a high quality and scalable operation. This initiative reflects our increasing focus on niche products and strong customer support will enhance our profitability profile over the long term."

Company Profiles

Sayaji Industries Limited, founded in 1941, operates as a leading corn wet milling and specialty ingredients group with established presence in starch and starch derivatives, spray dried food powders, and functional ingredients. The company serves diverse industries across food, industrial, and pharmaceutical sectors with operations spanning India and international markets.

Nigay SAS brings 170 years of expertise to the partnership, having been founded in 1855 as a family-owned French company. The company specializes in manufacturing various grades of caramel products including caramel colours, aromatic caramels, burnt sugars, and caramel specialties, serving customers from artisans to industrial manufacturers across beverages, confectionery, bakery, and other food segments globally.