EGM on October 27, 2026 to consider approval for execution of sale and purchase agreement with Vadilal Industries Ltd

Extra-Ordinary General Meeting on Tuesday, October 27, 2026 at 02:30 P.M., through Video Conferencing / Other Audio-Visual Means.

Mon 5 Oct 2026

EGM Date

Tuesday, October 27, 2026 at 02:30 P.M.

Resolution Item

approval for the execution of a sale and purchase agreement with Vadilal Industries Limited, a related party

Agreement Period

12 (twelve) months from 1st November, 2026 to 31st October, 2027

Remote E-voting Window

24th October, 2026 (9:00 A.M.) to 26th October, 2026 (5:00 P.M.)

Cut-off Date

October 20, 2026

The Company has called an Extra-Ordinary General Meeting (EGM) on Tuesday, October 27, 2026 at 02:30 P.M., to be held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).

The item before members

The notice sets out one item of special business - approval for the execution of a sale and purchase agreement with Vadilal Industries Limited (VIL), a related party.

The resolution is proposed to be passed, with or without modifications, as an Ordinary Resolution. It covers the execution of a supply agreement with VIL, a related party, for a period of 12 (twelve) months commencing from 1st November, 2026 and ending on 31st October, 2027, to be carried out in the ordinary course of business and on an arm's length basis, on the terms and conditions set out in the explanatory statement. The resolution records the approval of the Business Strategy Committee and the Audit Committee, and the recommendation of the Board of Directors.

Key dates to note

• Cut-off date for ascertaining members entitled to vote electronically and to attend the EGM: Tuesday, October 20, 2026
• Remote e-voting window: Saturday, 24th October, 2026 (9:00 A.M.) to Monday, 26th October, 2026 (5:00 P.M.)
• EGM: Tuesday, October 27, 2026 at 02:30 P.M.

How shareholders can take part

• The EGM is being held through VC/OAVM, without the physical presence of members at a common venue.
• Members can join the meeting 15 minutes before and after the scheduled start.
• The facility of participation through VC/OAVM will be made available to at least 1000 members on a first come first served basis. Large shareholders (holding 2% or more), promoters, institutional investors, directors, key managerial personnel and the chairpersons of certain committees are allowed to attend without restriction on account of the first come first served basis.
• The facility to appoint a proxy is not available for this EGM.
• Members may cast their vote through remote e-voting. Those who have already voted before the meeting would not be entitled to vote at the meeting.
• Shareholders present at the meeting through VC/OAVM who have not cast their vote through remote e-voting are eligible to vote through the e-voting system available during the meeting. Votes cast during the meeting by shareholders who have not participated through VC/OAVM may be considered invalid.
• Shareholders who wish to express views or ask questions must register as a speaker or send their queries at least 7 days prior to the meeting.
• The Board has appointed Mr. Manoj R. Hurkat of M/s. Manoj Hurkat & Associates, Practicing Company Secretary, Ahmedabad, as Scrutinizer for the remote e-voting process. The Scrutinizer will make a report and submit it to the chairman not later than three days after the conclusion of the meeting, and the results will be placed on the Company's website and that of CDSL, and communicated to the stock exchange.

What this means for investors

This is the notice convening the meeting. The resolution is to be considered by members on October 27, 2026 and relates to a continuing arrangement with a related party, Vadilal Industries Limited, framed as a supply agreement for the 12-month period beginning 1st November, 2026. The terms and conditions are set out in the explanatory statement, and the resolution also authorises the Board and named officers to execute the necessary documents.

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