Suditi Industries Ltd

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24-06-2025 | 04:32 am

SUDITI INDUSTRIES LTD.

Admin office: C-3/B, M.I.D.C., T.T.C. Industrial Area, Pawne Village, Turbhe, Navi Mumbai – 400 705

Tel. No: 67368600/10, web site: www.suditi.in E-mail: cs@suditi.in CIN: L19101MH1991PLC063245

Regd.Office: C-253/254, MIDC, TTC INDL.AREA, PAWNE VILLAGE, TURBHE, NAVI MUMBAI – 400 705.

Date: 23rd June 2025

To,

The Secretary,

(Listing Department)

BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, 21st Floor, Fort,

Mumbai – 400 001

Subject: Outcome of the Board Meeting pursuant to Regulation 30 of SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015

Ref: Suditi Industries Ltd. (Script Code 521113)

Dear Sir,

The Board of Directors of the Company, in their meeting held today, inter alia considered and

approved the following;

1. Board’s Report, Corporate Governance Report and Management Discussion and Analysis

Report and its Annexure for the Financial Year Ended March 31, 2025;

2. Draft notice of Annual General Meeting and Annual report of the Company for the

Financial Year Ended March 31, 2025;

3. The appointment of M/s. Shambhu Gupta & Co, Chartered Accountants (FRN: 007234C)

as the Internal Auditor of the Company for the financial year 2025-26 which is approved

and recommended by the Audit Committee. The details as required under Regulation 30

read with Schedule III of the SEBI (LODR) Regulations, 2015 are enclosed herewith as

Annexure A;

4. Recommended Special Resolution for appointment (regularization) of Mr. Manish

Harishchandra Singh (DIN: 10729798) as Director (Non-Executive Non-Independent) of

the Company pursuant to applicable provisions of Companies Act, 2013, SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015 and other applicable

regulations. The details as required under Regulation 30 read with Schedule III of the

SEBI (LODR) Regulations, 2015 is enclosed herewith as Annexure B;

5. The appointment of M/s. Amita Karia, Practicing Company Secretaries (Membership No.:

F16962) as the Secretarial Auditor of the Company for a term of five (5) consecutive

years from FY 2025-26 till FY 2029-30, subject to the approval of shareholders at the

ensuing AGM. The details as required under Regulation 30 read with Schedule III of the

SEBI (LODR) Regulations, 2015 is enclosed herewith as Annexure C.

----------------Page (0) Break----------------

6. Raising of funds through issue and allotment of up to 15,74,182 (Fifteen Lakhs Seventy

Four Thousand One Hundred Eighty Two) Equity Shares of the Face Value of Rs. 10/-

(Rupees Ten Only) each to certain Non-Promoter Investors (as per “Annexure D”) on

preferential basis in terms of Chapter V of the Securities and Exchange Board of India

(Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“ICDR

Regulations”) at Issue Price of Rs. 57.05/- (Rupees Fifty-Seven and Five paisa Only)

including premium of Rs. 47.05/- (Rupees Forty-Seven and Five paisa Only) per Share

(being the price not less than the minimum price determined with reference to the

Relevant Date in accordance with Regulation 164 of the ICDR Regulations aggregating

up to maximum amount of Rs. 8,98,07,083.10/- (Rupees Eight Crores Ninety Eight Lakhs

Seven Thousand Eighty Three and Ten Paisa Only), subject to the approval of

regulatory/ statutory authorities and the Members of the Company at ensuing Annual

General Meeting.

The information pursuant to Regulation 30 of SEBI LODR Regulations read with SEBI Circular

SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure- E

to this letter.

7. The Board of Directors have appointed M/s Mitesh Shah & Associates, Practicing Company

Secretaries, as the Scrutinizer for scrutinizing the E-Voting process for the 34th Annual

General Meeting of the Company as per the provisions of Companies Act, 2013 and other

applicable provisions, if any, and rules made there under

8. Notice of Annual General Meeting (“AGM") of the Company to be held on Wednesday,

July 16, 2025, through VC/OAVM, to seek necessary approval of the members of the

Company for the aforesaid Preferential Issues. The Board of Directors has approved the draft

notice of the AGM and matters related thereto. The notice of the said AGM will be sent

separately to the Stock Exchange(s) and to the Members of the Company and will also be

available on the Company's website at https://suditi.in/ and on the website of the stock

exchange(s) i.e. BSE Limited at www.bseindia.com in due course.

The Company has fixed July 09, 2025 as the "Cut-off-Date" for the purpose of determining

the eligibility of the members entitled to vote by remote e-voting. Those shareholders

holding shares, as on the close of business hours on July 09, 2025 will be entitled to avail the

facility of remote e-voting as well as voting at the AGM.

The meeting Commenced at 05.30 P.M. and concluded on 07.15 P.M.

Kindly acknowledge the receipt and oblige.

For Suditi Industries Limited

Pawan Agarwal

Director

DIN: 00808731

Encl: as above

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ANNEXURE - A

Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 read along with SEBI circular SEBI/HO/CFD/CFD-PoD-

1/P/CIR/2023/123 dated July 13, 2023.

Brief Profile of Internal Auditor, M/s. Shambhu Gupta & Co.

Name of the Internal

Auditor

M/s. Shambhu Gupta & Co.

Reason for change viz.

appointment,

resignation, removal,

death or otherwise

Appointment

Date of

Appointment/Re-

appointment/cessation

(as applicable) & Term

of Appointment/Re-

appointment

23/06/2025

The Board of Directors have approved the appointment of M/s

Shambhu Gupta & Co, for a term of one year i.e. for Financial

year 2025-26.

Brief Profile Shambhu Gupta & Co. was established in 1990 and currently

employs approximately 120 professionals and employees from

varied disciplines. The firm is accredited by several commercial

and industrial institutions as management consultants and its

partners are members of the Institute of Chartered

Accountants(ICAI).

Disclosure of

relationships between

directors (in case of

appointment of a

director)

None to disclose

Information as required

pursuant to BSE Circular

No.

LIST/COMP/14/2018-19

----------------Page (2) Break----------------

ANNEXURE - B

Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 read along with SEBI circular SEBI/HO/CFD/CFD-PoD-

1/P/CIR/2023/123 dated July 13, 2023.

Brief Profile of Mr. Manish Harishchandra Singh, Non Executive Independent Director

Name of the Director Mr. Manish Harishchandra Singh

Reason for change viz.

appointment,

resignation, removal,

death or otherwise

Regularisation

Date of Appointment/Re-

appointment/cessation

(as applicable) & Term of

Appointment/Re-

appointment

Regularisation of Director (Non-Executive) of the Company w.e.f.

June 23, 2025 for a period of 5 (Five) years, subject to the

approval of shareholders

Brief Profile Mr. Manish Harishchandra Singh, aged 31 years, is Currently

working in AQM Technologies Private Limited as Tax Consultant.

He has completed Bachelors of Commerce from University of

Mumbai, in the year 2013. He has also completed Master of

Commerce from University of Mumbai in the year 2015. He has

passed the professional competence examination conducted by

The Institute of Company Secretary of India in 2018. and has also

completed Bachelor of Law from Vivekanand Education Society

Law College in the year 2020. He is an Associate member of the

Institute of Chartered Accountant of India. He has more than 7

years of experience in the Taxation,Audit & Finance. He has

previously worked with Capsave Finance Private Limited as

Assistant Manager.

Disclosure of

relationships between

directors (in case of

appointment of a

director)

None

Information as required

pursuant to BSE Circular

No. LIST/COMP/14/2018-

He is not debarred from holding the office of Director by virtue of

any SEBI Order or any other such Authority

----------------Page (3) Break----------------

ANNEXURE - C

Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 read along with SEBI circular SEBI/HO/CFD/CFD-PoD-

1/P/CIR/2023/123 dated July 13, 2023.

Brief Profile of Secretarial Auditor, Ms. Amita Karia

Name of the Secretarial

Auditor

Amita Karia, Practising Company Secretary

Reason for change viz.

appointment,

resignation, removal,

death or otherwise

Appointment

Date of Appointment/Re-

appointment/cessation

(as applicable) & Term of

Appointment/Re-

appointment

23-06-2025

Brief Profile The Board of Directors, have approved the appointment of Ms.

Amita Karia (Practicing Company Secretaries ) as the Secretarial

Auditor of the Company for a term of five consecutive years

commencing from FY 2025-26 to FY 2029-30, subject to approval

of the Shareholders at the ensuing AGM

Disclosure of

relationships between

directors (in case of

appointment of a

director)

None to disclose

Information as required

pursuant to BSE Circular

No. LIST/COMP/14/2018-

----------------Page (4) Break----------------

ANNEXURE D

Sr. No. Names of the Investors/ Proposed Allottees

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Suditi Industries Ltd — Updates, 24-06-2025: Company Update

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