Shree hari chemicals export Limited has announced that its Board of Directors will meet on January 31, 2026, to consider and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will focus on reviewing both standalone and consolidated financial statements for the quarter ended December 31, 2025.

Board Meeting Details

The company has scheduled the board meeting in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The meeting will be held on Saturday, January 31, 2026, where directors will deliberate on the quarterly financial performance.

Trading Window Closure

In accordance with the company's Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Insiders, Shree Hari Chemicals Export Limited has implemented a trading window closure for its securities. This measure ensures compliance with insider trading regulations during the period leading up to the financial results announcement.

Trading Window Reopening

The trading window for dealing in the company's securities will reopen 48 hours after the declaration of financial results. Based on the scheduled board meeting date, the trading window is expected to reopen on Tuesday, February 3, 2026. This timeline follows the company's established protocols and regulatory requirements for maintaining market integrity.

Regulatory Compliance

The announcement demonstrates Shree Hari Chemicals Export Limited's commitment to maintaining transparency and adhering to regulatory guidelines. The company has properly notified BSE Limited about the upcoming board meeting, ensuring all stakeholders are informed about the scheduled financial results review. The notification was signed by B.C. Agrawal, Chairman & Managing Director, on January 23, 2026.

Shree Hari Chemicals Export Limited has completed a significant corporate action involving the conversion of compulsorily convertible debentures into equity shares, resulting in a substantial increase in promoter shareholding. The company, listed on BSE with scrip code 524336, disclosed the transaction under SEBI's substantial acquisition regulations.

Debenture Conversion Details

The Committee of Directors approved the allotment of 6,05,494 equity shares through the conversion of Zero Coupon Compulsorily Convertible Debentures (CCDs). The conversion was completed on December 4, 2025, with the original debentures having been allotted on November 15, 2024.

Promoter Group Shareholding Changes

The conversion has significantly altered the promoter group's shareholding pattern. Four promoter entities participated in the conversion, with Shubhalakshmi Polyesters Limited being the largest beneficiary.

Pre-Conversion Holdings:

Shares Acquired Through Conversion:

Post-Conversion Shareholding Structure

Following the conversion, the promoter group's collective shareholding has increased substantially. The total promoter holding now represents a significant portion of the expanded share capital.

Capital Structure Impact

The conversion has expanded the company's equity share capital from ₹4.93 crores to ₹5.54 crores, representing an increase of approximately 12.27%. The total number of equity shares outstanding has risen from 49,32,440 to 55,37,934 shares.

Regulatory Compliance

The allotted equity shares are subject to lock-in provisions under Regulation 167 of SEBI's Issue of Capital and Disclosure Requirements Regulations, 2018. The transaction was disclosed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, reflecting the significant nature of the shareholding change.

This strategic conversion strengthens the promoter group's control over the company while providing them with enhanced voting rights and participation in the company's growth prospects.