Bizotic Commercial Limited's Board of Directors has completed a leadership transition by accepting the resignation of Ms. Bhavika Jain and appointing Ms. Sapna Sushil Saini as the new Company Secretary and Compliance Officer, both effective January 31, 2026. The board meeting was held on January 31, 2026, at 12:00 PM at the company's registered office in Ahmedabad.

Board Meeting Outcomes

The board meeting, which commenced at 12:00 PM and concluded at 1:30 PM, addressed key agenda items related to the Company Secretary position. The board formally accepted Ms. Bhavika Jain's resignation, which was submitted on January 28, 2026, citing her desire to pursue alternate career opportunities outside the organization.

New Company Secretary Appointment

Ms. Sapna Sushil Saini has been appointed as Company Secretary and Compliance Officer with effect from January 31, 2026. She is an Associate member of the Institute of Company Secretaries of India with expertise in Compliance Governance and Legal Areas. Her appointment terms specify that she will continue in the role until her resignation or retirement age as per the company's internal human resource policy.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, providing comprehensive details of both the resignation and appointment.

The company has updated its list of persons responsible for determining materiality of information and making disclosures to the Stock Exchange. Managing Director Sanjay Mahavirprasad Gupta and the newly appointed Company Secretary Ms. Sapna Sushil Saini will serve as the designated contacts for regulatory communications.

Company Information

Bizotic Commercial Limited operates with CIN L74999GJ2016PLC094934 and is listed on BSE with scrip code 543926. The company's registered office is located at 15 Ashwamegh Warehouses, Ujala Circle, Sarkhej, Ahmedabad, Gujarat, 382210, under the leadership of Managing Director Sanjay Mahavirprasad Gupta.

Bizotic Commercial Limited announced significant revisions to its preferential issue of convertible warrants following a board meeting held on January 20, 2026. The meeting, which took place at the company's registered office in Ahmedabad, commenced at 4:00 PM and concluded at 5:25 PM.

Key Revisions to Warrant Issue Objects

The board approved substantial changes to the objects of the preferential issue of 16.02 lakh convertible warrants. The company removed two key objects from the original plan due to a reduction in the overall issue size. The objects relating to store setup and furniture costs, along with general corporate purposes, have been eliminated from the revised structure.

Following these revisions, the total proceeds from the warrant issue will be channeled exclusively toward working capital requirements of the company. This strategic shift reflects a more focused approach to capital utilization.

Financial Details and Utilization Timeline

The board outlined specific details regarding the utilization of issue proceeds:

The company expects to receive the issue proceeds within 18 months from the date of warrant allotment, in accordance with Chapter V of the SEBI ICDR Regulations. Management estimates indicate that the funds will be utilized in phases based on business requirements and availability of proceeds.

Regulatory Compliance and Communication

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The decision builds upon discussions from a previous board meeting held on December 19, 2025, demonstrating the company's systematic approach to corporate governance and regulatory compliance.

The revised structure eliminates the complexity of multiple fund utilization objects, creating a streamlined approach focused entirely on strengthening the company's working capital position. This strategic realignment may provide greater operational flexibility while maintaining transparency with stakeholders regarding fund deployment.