Postal Ballot for Material Related Party Transactions up to Rs 1,150 crore

Board & Shareholder Meetings View source PDF Explain this filing

AGASTYAEN · price

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Price reactionminutes from the announcement price · days from the prior close

+5.0%Reaction day

₹66.03

prior close

₹65.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+4.8% vs market

On the reaction day the stock moved 4.8 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+5.4

10m

+2.8

15m

+3.3

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+5.0+0.2+4.8

Next day

+6.8+0.9+5.9

+2.3-0.8+3.1

+2.8-0.1+2.9

-3.1-1.7-1.3

-8.0-4.3-3.7

-16.9-7.5-9.5

15d

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Agastya Energy and Infra (formerly Sanginita Chemicals) is seeking shareholder approval through postal ballot for two material related party transactions: up to Rs 550 crore with IMC Solar BDN LLP (49% owned via subsidiary Agastya Green Energy) and up to Rs 600 crore with BN Up Kusum Solar 1 Pvt Ltd, both to support solar energy business expansion. E-voting runs from October 15 to November 13, 2026. Whole Time Director Gaurav Tripathi and CFO Amit Kalra are interested parties and cannot vote.

Likely market impact

Large related party deals totalling Rs 1,150 crore need shareholder nod. Related parties barred from voting. Approval enables solar business growth.