Jayant Agro-Organics Limited has issued a comprehensive postal ballot notice to shareholders seeking approval for five special resolutions that will significantly enhance the company's operational and financial flexibility. The castor oil manufacturer and exporter has outlined key corporate governance and financial restructuring measures requiring shareholder consent.

Special Resolutions Overview

The company has proposed five critical resolutions for shareholder consideration through the postal ballot process:

Enhanced Financial Limits

The most significant proposals involve substantial increases in the company's financial operational limits. The borrowing powers are proposed to be enhanced from the existing ₹700 crore to ₹1,500 crore, representing more than double the current authorization. This increase supersedes the earlier special resolution passed through postal ballot on August 26, 2014.

Similarly, the company seeks to increase its investment, loan, and guarantee limits from ₹700 crore to ₹1,500 crore under Section 186 of the Companies Act, 2013. These enhanced limits will provide the company with greater flexibility to support its long-term business plans and subsidiary operations.

E-Voting Process Details

The remote e-voting process has been structured to ensure comprehensive shareholder participation:

Independent Director Re-appointment

Mr. Sanjay Jaysinh Mariwala (DIN: 01111537), whose current five-year term as Independent Director expires on June 29, 2026, is proposed for re-appointment for a second consecutive term from June 30, 2026 to June 29, 2031. The 66-year-old seasoned entrepreneur brings nearly four decades of experience in the natural food and supplement ingredients space.

Mr. Mariwala holds qualifications from Sydenham College of Commerce and Economics and has completed executive training programs at IIM Ahmedabad and Stanford Graduate School of Business. He currently serves on multiple company boards and has received ₹2 lakh in sitting fees during FY 2025-26.

Corporate Governance Alignment

The proposed alteration of Articles of Association aims to align the company's governance framework with the provisions of the Companies Act, 2013. The Board of Directors approved these amendments at their meeting held on February 06, 2026, recognizing the need for comprehensive updates to the existing AOA.

The postal ballot notice emphasizes that none of the Directors, Key Managerial Personnel, or their relatives have any financial interest in the proposed resolutions, except to the extent of their shareholding in the company. This ensures transparency and eliminates potential conflicts of interest in the decision-making process.

Jayant Agro-Organics Limited has announced its quarterly financial results for the third quarter ended December 31, 2025, following the board meeting held on February 06, 2026. The castor oil manufacturer and exporter reported mixed performance across standalone and consolidated operations while making key corporate governance decisions.

Financial Performance Overview

The company's standalone operations showed resilient performance despite challenging market conditions. Revenue from operations declined to ₹24,164.70 lakhs compared to ₹30,504.11 lakhs in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company demonstrated stronger cumulative performance. Standalone operations generated total income of ₹82,999.78 lakhs with net profit after tax of ₹3,861.93 lakhs, while consolidated operations achieved revenue of ₹1,75,907.39 lakhs.

Board Meeting Outcomes

The Board of Directors meeting held on February 06, 2026, addressed several critical corporate matters beyond financial result approval. The board recommended the re-appointment of Mr. Sanjay J. Mariwala as an Independent Director for a second term of five years, effective from June 30, 2026, to June 29, 2031.

Segment-wise Consolidated Performance

The company's diversified business model showed varied performance across segments. Castor Oil Derivatives segment generated revenue of ₹23,091.88 lakhs with segment results of ₹1,341.95 lakhs, while the Castor Oil segment recorded revenue of ₹35,573.14 lakhs but reported negative segment results of ₹72.77 lakhs.

Corporate Governance Initiatives

The company approved a comprehensive postal ballot notice covering multiple strategic initiatives including alteration of Articles of Association, increase in borrowing powers under Section 180(1)(c), creation of charge on company assets, and approval for increased limits of investments under Section 186 of the Companies Act, 2013. These measures reflect the company's focus on strengthening its corporate governance framework and operational flexibility.