Thacker and Co. Ltd. has formally notified the BSE regarding its upcoming board meeting scheduled for February 12, 2026. The meeting will focus on considering and approving the company's unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with the limited review report.

Board Meeting Details

The company's announcement, dated January 21, 2026, confirms the board meeting will be held on Thursday, February 12, 2026. The primary agenda involves reviewing and approving the financial performance for Q3FY26 and the nine-month period ending December 31, 2025.

Trading Window Restrictions

In compliance with SEBI regulations, Thacker and Co. Ltd. has implemented a comprehensive trading window closure. The restriction period began on January 1, 2026, and will continue until February 14, 2026, covering 48 hours after the financial results declaration.

Regulatory Compliance

The company's notification demonstrates adherence to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the trading window closure aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal insider trading policy.

The announcement was signed by Siddhi Kul, Company Secretary and Compliance Officer, with ICSI Membership No. A76672. The digital signature was applied on January 21, 2026, at 15:42:53 +0530, ensuring proper documentation and compliance with regulatory requirements.

Market Communication

The formal communication to BSE's Corporate Relationship Department includes the company's scrip code 509945, facilitating proper identification and record-keeping. This proactive approach ensures transparency and maintains regulatory compliance throughout the financial results approval process.

Thacker and Company Limited has successfully obtained shareholder approval for a material related party transaction with Biodegradable Products India Limited. The approval came through a postal ballot process conducted entirely via remote e-voting.

Key Details of the Approval Process

The company utilized a postal ballot mechanism, as mandated by regulatory requirements for certain types of resolutions. The voting process was conducted entirely through remote e-voting, reflecting the increasing trend towards digital voting methods in corporate governance.

Significance of the Approval

The high percentage of votes in favor (87.25%) indicates strong shareholder support for the proposed transaction. This level of backing suggests that shareholders see potential value in the material related party transaction with Biodegradable Products India Limited.

Material related party transactions are significant business deals between a company and its related entities, such as subsidiaries, associates, or entities with common control. These transactions often require special scrutiny and shareholder approval to ensure transparency and protect the interests of minority shareholders.

While specific details of the transaction were not provided, the approval paves the way for Thacker and Company Limited to proceed with what is likely a substantial business arrangement with Biodegradable Products India Limited.

Regulatory Compliance

By conducting this postal ballot and securing shareholder approval, Thacker and Company Limited has demonstrated its commitment to corporate governance and regulatory compliance. This process aligns with the requirements set forth by the Securities and Exchange Board of India (SEBI) for material related party transactions.

Investors and market watchers will likely keep a close eye on further developments regarding this transaction and its potential impact on Thacker and Company Limited's business operations and financial performance.