Sai Capital Subsidiary Provides ₹25 Crore Corporate Guarantee to Third Party

Sai Capital Limited shareholders have overwhelmingly approved two significant material related party transactions worth ₹80.00 crores through a postal ballot process that concluded on January 4, 2026. Additionally, the company's material subsidiary has approved a separate ₹25.00 crore corporate guarantee transaction for a third party.

Postal Ballot Results Overview

The e-voting process, which ran from December 6, 2025, to January 4, 2026, saw participation from 64.41% of total shareholders. Both resolutions received identical voting patterns, demonstrating unified shareholder confidence in the proposed transactions.

Voting Summary:	Details
Total Shareholders:	2,882
Total Shares Outstanding:	28,79,300
Votes Polled:	18,54,483 (64.41%)
Votes in Favor:	18,54,451 (99.9983%)
Votes Against:	32 (0.0017%)
Resolution Status:	Both Passed

Approved Transaction Details

Shareholders approved two distinct material related party transactions, each structured to support business expansion:

Resolution 1: Material Related Party Transaction between Health Care Energy Foods Private Limited (material subsidiary) and Butterfly Ayurveda Private Limited (material subsidiary)

Resolution 2: Material Related Party Transaction between Mr. Ankur Rawat (Non-Executive Director & CFO) and Health Care Energy Foods Private Limited (material subsidiary)

Transaction Breakdown:	Amount (₹ Crores)
Corporate Guarantee (Subsidiary to Subsidiary):	40.00
Personal Guarantee (Key Personnel):	40.00
Total Transaction Value:	80.00

New Corporate Guarantee Transaction

On January 5, 2026, the Board of Directors of Health Care Energy Foods Private Limited, a material subsidiary of Sai Capital Limited, approved an additional corporate guarantee transaction. The subsidiary will provide a ₹25.00 crore corporate guarantee to HDFC Bank in favor of DFPL Industries Private Limited, a third party.

New Guarantee Details:	Information
Guarantee Provider:	Health Care Energy Foods Private Limited
Beneficiary Bank:	HDFC Bank
Third Party:	DFPL Industries Private Limited
Guarantee Amount:	₹25.00 crores
Board Approval Date:	January 5, 2026
Asset Charge:	No charge on listed entity assets

Voting Pattern Analysis

The voting results for the postal ballot revealed strong support across all shareholder categories:

Shareholder Category:	Shares Held	Votes Polled	Participation (%)	Approval (%)
Promoter & Promoter Group:	21,22,700	17,96,200	84.62%	100.00%
Public Non-Institutions:	7,56,600	58,283	7.70%	99.95%
Public Institutions:	0	0	N.A.	N.A.

Financial Context and Implications

The approved guarantees of ₹80.00 crores represent approximately 21% of Sai Capital Limited's total assets of ₹381.50 crores. The additional ₹25.00 crore guarantee brings the total guarantee exposure to ₹105.00 crores. The company has confirmed that the new guarantee does not create any financial obligation, liability, or encumbrance on the listed entity, as it is being issued by the material subsidiary without any charge on the parent company's assets.

The transactions are designed to secure credit facilities and support business expansion without requiring immediate cash outflow from the parent company. The guarantee for the third party is being provided on an arm's length basis with no promoter or group company interest in the transaction.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.81%	+3.59%	-2.57%	-24.82%	-30.92%	+1,042.60%

Sai Capital Limited has reported a robust financial performance for the first quarter of the fiscal year, ending June 30. The company's board meeting, held on August 14, approved the unaudited financial results and made significant decisions regarding key appointments and the upcoming Annual General Meeting (AGM).

Consolidated Financial Highlights

On a consolidated basis, Sai Capital Limited demonstrated strong growth:

Particulars (in Lacs)	Q1 Current Year	Q1 Previous Year	YoY Change
Total Income	599.58	455.84	+31.5%
Net Profit	311.28	187.87	+65.7%

The company's total income surged by 31.5% year-over-year to Rs 599.58 lacs, while net profit saw an impressive growth of 65.7%, reaching Rs 311.28 lacs in the current quarter.

Standalone Performance

On a standalone basis, Sai Capital Limited reported a reduced net loss of Rs 15.24 lacs for the current quarter, compared to a loss of Rs 16.85 lacs in the same quarter last year, showing a slight improvement in its financial position.

Key Appointments and AGM Announcement

The board approved several important decisions:

Re-appointment of Independent Director: Mrs. Kamlesh Gupta (DIN: 07243898) has been re-appointed as a Non-Executive Independent Director for a second term of five years, from March 26, 2026, to March 25, 2031, subject to shareholder approval.
Secretarial Auditor Appointment: Ms. Sakshi Gupta, a Practicing Company Secretary (Membership No. 59295, CoP. No. 22952), has been re-appointed as the Secretarial Auditor for a period of five consecutive years, pending shareholder approval.
Annual General Meeting: The 30th AGM is scheduled for September 29, at 12:30 P.M. through Video Conferencing/Other Audio Visual Means (VC/OAVM).
Book Closure: The Register of Members and Share Transfer Books will remain closed from September 23 (09:00 A.M.) to September 29 (05:00 P.M.) for the AGM.
E-Voting Cut-off Date: September 22 has been set as the cut-off date for determining member eligibility for e-voting during the AGM.

The board meeting commenced at 11:35 A.M. and concluded at 01:05 P.M. on August 14.

Sai Capital Limited's strong quarterly performance, particularly on a consolidated basis, reflects positively on the company's overall financial health and operational efficiency. The re-appointment of key personnel and the announcement of the AGM demonstrate the company's commitment to corporate governance and shareholder engagement.