Announcements

2026

March 31, 2026
 
Sub: Intimation of closure of Trading Window
 
We wish to inform you that the Trading window for transacting in the securities of the Company will remain closed from April 01, 2026, and will continue to remain closed till 48 hours after the declaration of the financial results for the year ended March 31, 2026.
March 27, 2026
 
Intimation of Material Event or lnformation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
 
This is to inform that the Company has contingent liabilities including matters relating to M/s. Trammo DMCC, in connection with certain purported contracts for purchase of fertilizers.

An International Arbitration Award was passed against the Company in September 2016. The said matter has been disclosed under the head “Matters under Arbitration” in the Financial Statements in compliance with applicable Ind-AS Standards.

The Company is of the view that the said Arbitration Award was obtained based on manipulated documents and misrepresentation of facts by the said supplier. Accordingly, the Company has been contesting the enforcement of the said Award before the Hon’ble High Court of Bombay and has also filed a Criminal Complaint against the supplier and its officials.

  1. The Hon’ble High Court of Bombay passed a judgment dated March 05, 2026 against the Company in the enforcement proceedings directing enforcement and execution of the Arbitral Award in favour of Trammo DMCC and directing the Company to deposit the aggregate principal sums of USD 16,427,310.80 and GBP 606,628.29 together with applicable interest before the Hon’ble High Court of Bombay. A copy of the said order after assessment was formally communicated on March 27, 2026. Aggrieved by the said judgment, the Company is proceeding with a Special Leave Petition before the Hon’ble Supreme Court of India.
  2. The Company is also proceeding with a Curative Petition before the Hon’ble Supreme Court of India regarding the criminal case.
March 27, 2026
 

Intimation of withdrawal of resignation of Mr. K Vijaya Gopala Raju as Executive Director – Operations, of the Company.

In continuation to the disclosure of the company dated February 09, 2026, regarding submission of resignation of Mr. Vijaya Gopala Raju, as Executive Director – Operations, we wish to information that vide communication dated March 27, 2026, Mr. Vijaya Gopala Raju, has formally withdrawn the resignation and he shall continue as Executive Director – Operations of the Company. 

March 25, 2026
 
Intimation of Material Event or lnformation under Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015.
 
We wish to inform that Adjudication Proceedings were initiated by SEBI in relation to an Arbitration Award and its disclosure requirements passed in favour of an Operational Creditor.

The Company made its submissions before the Adjudication Officer and were considered by the Adjudication Officer and felt appropriate to levy penalty of Rs. 1,00,000/- only commensurate with the nature of the violation and to act as a deterrent to the Company.

February 14, 2026

Outcome of the Board Meeting held on February 14, 2026

We wish to inform that the Board of Directors of the Company at their Meeting held on February 14, 2026, had, inter alia, approved the Un-audited Standalone and Consolidated Financial Results for the quarter ended December 31, 2025, in accordance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

February 14, 2026

1.  Appointment of Ms. Lalitha Raghuram (DIN: 07161344), as a Non-Executive Director :

We wish to inform that the Board of Directors at their meeting held on February 14, 2026, have appointed, Ms. Lalitha Raghuram (DIN: 07161344), as the Non-Executive Director on the Board of the company with effect from February 14, 2026, subject to the approval of the members.

Brief Profile of Ms. Lalitha Raghuram :- 

Mrs. Lalitha Raghuram is a First class post graduate in Social Work and post graduate in Commerce with advanced accounting & auditing. She also did her Post graduate diploma in personnel management & industrial relations and in community eye health from L. V. Prasad Eye Institute, Hyderabad.

Mrs. Lalitha Raghuram is the country Director of Mohan Foundation, Hyderabad, India responsible for (a) Advocacy in organ donation (b) augmenting deceased organ donations (c) expanding the footprint of Mohan Foundation, (c) Resource Mobilisation,  (d) strategic planning (e) liaison with Government.

She was Country Director, Operation Eyesight Universal, India  – April 2004 to April 2009 responsible and accountable for all the functions of Operation Eyesight in India, an international development organisation focused on eliminating avoidable blindness. 

Mrs. Lalitha Raghuram has received “Womentor” Award in the year 2018 and received “International Eye Care Hero Award”, in the year 2018.

2.  Appointment of Ms. Shilpi Varshney (DIN: 11513295), as an Independent Director :

We wish to inform that the Board of Directors at their meeting held on February 14, 2026, have appointed, Ms. Shilpi Varshney (DIN: 11513295), as an Independent Director on the Board of the company with effect from February 14, 2026, not liable to retire by rotation, subject to the approval of the members.

Brief Profile of Ms. Shilpi Varshney :- 

Ms. Shilpi Varshney, holds master's degree in human resource development & English Literature, presently associated as Director, Projects and Skill Development, All India Society for Electronics and Computer Technology (AISECT).

A Senior social impact and skill development professional with over 28 years of leadership experience in designing and executing large-scale Government and CSR-funded skill development and livelihood programs, and World Bank funded projects with strong relevance to agriculture-linked and rural economies.

Expertise includes farmer-adjacent skilling, rural youth and women employment, and placement-linked capacity building, aligned with public policy and CSR mandates. Led end-to-end program governance-covering strategy, budgeting, implementation, monitoring, and impact reporting-under national frameworks such as DDU-GKY and Skill Missions, ESG-aligned social interventions, community engagement, and responsible growth, enabling informed board oversight   on   CSR   effectiveness, rural sustainability, and human capital development.

February 11, 2026

Intimation of Meeting of the Board of Directors

We wish to inform that the Meeting of the Board of Directors of the Company is proposed to be scheduled on Saturday , February 14, 2026, inter alia, to consider and approve  the Un-audited Financial Results of the Company for the quarter  ended December 31, 2025.

February 09, 2026

Intimation of request of Mr. K Vijaya Gopala Raju to stepdown as Executive Director - Operations, of the Company.  

The Company has received a communication dated February 7, 2026, from Mr. K Vijaya Gopala Raju, expressing intention to step down from the position of Executive Director - Operations due to personal reasons.

We wish to inform that Mr. K Vijaya Gopala Raju, will be relieved in accordance with the policies of the Company. The required disclosure, under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will be made upon the effective date of  relieving.