ALFA Filings
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Sanginita Chemicals allotted ₹19.95 Crore worth of equity shares to B N G Investment LLC. The issuance completes the 100% acquisition of Agastya Green Energy.
Sanginita Chemicals allotted 1,52,87,356 shares at ₹19.95 Crore to B N G Investment LLC. This swap-based preferential issue facilitates the 100% acquisition of Agastya Green Energy.
Sanginita Chemicals overhauled its leadership following a management change. Multiple board appointments and resignations were approved, alongside new CFO and Company Secretary appointments to streamline operations.
Acquirers have launched a ₹21.26 Crore Open Offer to acquire a 26% stake in Sanginita Chemicals Limited. The offer price is set at ₹13.55 per share.
Sanginita Chemicals announces a ₹21.26 Crore open offer by acquirers for a 26% stake at ₹13.55 per share. An independent directors committee will review the bid.
Sanginita Chemicals announced the resignation of Faiyazkhan Pathan and appointed Jalpa Lavingia and Sanmitra Trivedi as Independent Directors. These changes became effective on May 8, 2026.
Sanginita Chemicals Limited announced a transition in its finance leadership effective April 25, 2026. Mr. Dipakkumar B Chavda resigned as CFO due to personal reasons, and Ms. Sangitaben D Chavda, who previously served as CFO from 2017 to 2025, has been re-appointed to the role.
Sangitita Chemicals Limited announced the resignation of Mr. Dipakkumar B. Chavda as CFO due to personal reasons. Simultaneously, Ms. Sangitaben D. Chavda, a former CFO of the company, has been re-appointed to the position effective April 25, 2026. The transition ensures leadership continuity within the key managerial personnel team.
Sanginita Chemicals Limited reported its audited financial results for the year ended March 31, 2026, posting a net loss of ₹9.69 Crore compared to a profit of ₹0.62 Crore in the previous year. Revenue from operations stood at ₹176.46 Crore. The Board also approved a significant share swap and purchase agreement involving Agastya Green Energy Limited.
Sanginita Chemicals Limited reported its audited financial results for the year ended March 31, 2026, posting a net loss of ₹9.69 Crore compared to a profit of ₹0.62 Crore in the previous year. Revenue from operations stood at ₹176.46 Crore. The Board also approved a significant share swap and purchase agreement involving Agastya Green Energy Limited.
Sanginita Chemicals Limited has received a resignation letter from its CFO, Mr. Dipakkumar B. Chavda, effective April 13, 2026. The resignation, cited for personal reasons, will be reviewed by the Board on April 25, 2026. The company is currently identifying a suitable successor for the role.
Sanginita Chemicals Limited has scheduled a board meeting on April 25, 2026, to approve audited standalone financial results for the year ended March 31, 2026. The trading window for designated persons remains closed from April 1, 2026, until April 27, 2026, in compliance with SEBI insider trading regulations.
Sanginita Chemicals Limited concluded its Extraordinary General Meeting on April 11, 2026. Shareholders approved all resolutions with a requisite majority, including increasing the authorized share capital, borrowing limits, and issuing equity shares on a preferential basis for both cash and swap transactions.
Sanginita Chemicals Limited announced the successful outcome of its EGM held on April 11, 2026. Shareholders approved an increase in authorized share capital, higher borrowing limits, and the issuance of equity shares on a preferential basis for both cash and non-cash consideration. These approvals enable future capital expansion and strategic funding initiatives.