EGM on October 27, 2026 to consider supply agreement with Vadilal Enterprises Ltd for up to INR 1,426 crore

EGM on Tuesday, October 27, 2026 at 11:30 A.M. via VC/OAVM.

Mon 5 Oct 2026

EGM Date

Tuesday, October 27, 2026 at 11:30 A.M. via VC/OAVM

Resolution to be considered

Ordinary Resolution to approve a supply agreement with Vadilal Enterprises Limited for 12 (twelve) months from November 1, 2026 to October…

Agreement Amount

not exceeding INR 1,426 Crores

E-voting Period

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

Cut-off Date

Oct 20, 2026

The company has scheduled an Extra-Ordinary General Meeting (EGM) on Tuesday, October 27, 2026 at 11:30 A.M. through Video Conferencing / Other Audio-Visual Means.

What is being voted on

• An Ordinary Resolution to approve the execution of a sale and purchase agreement with Vadilal Enterprises Limited.
• The agreement, described in the resolution as a supply agreement, is for a period of 12 (twelve) months, commencing from November 1, 2026 till October 31, 2027.
• The aggregate amount under the agreement shall not exceed INR 1,426 Crores (Indian Rupees One Thousand Four Hundred Twenty Six Crores only).
• The transaction is to be carried out in the ordinary course of business and on an arm's length basis.

Related party and approvals

• The counterparty is Vadilal Enterprises Limited.
• The resolution is based on the recommendations of the Special Committee of the Company, the Audit Committee and the Board.

Key dates and e-voting

• Cut-off date for ascertaining eligible shareholders: Tuesday, October 20, 2026.
• Remote e-voting period: Saturday, October 24, 2026 (9:00 A.M.) to Monday, October 26, 2026 (5:00 P.M.).
• EGM date: Tuesday, October 27, 2026 at 11:30 A.M.

How shareholders can participate

• The EGM will be held through VC/OAVM. Members can join 15 minutes before the scheduled time.
• The facility to participate in the EGM through VC/OAVM will be available to at least 1000 members on a first come first served basis.
• Remote e-voting is provided by CDSL and NSDL. Instructions for individual shareholders holding shares in demat mode, physical shareholders, and non-individual shareholders are detailed in the notice.
• Shareholders who have voted through remote e-voting will not be eligible to vote at the meeting.

Important instructions

• Shareholders who wish to express their views or ask questions during the meeting may register as a speaker by sending a request at least 7 days prior to the meeting.
• The Scrutinizer will submit a report not later than three days after the conclusion of the meeting.

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