Sanginita Chemicals EGM approves name change to Agastya Energy, new directors

Promoter Family Board EntryManagement Changes View source PDF Explain this filing

SANGINITA · price

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

-2.0%Reaction day

₹59.10

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.9% vs market

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-2.0-0.1-1.9

Next day

-3.9-0.2-3.7

-5.9+0.1-6.0

-7.7+0.3-8.0

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15d

-5.3+1.9-7.2

+9.0+2.2+6.8

+11.7-1.2+12.9

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AI summary

At the 7 August 2026 EGM, shareholders approved renaming the firm to Agastya Energy and Infrastructure Limited, shifting registered office from Gujarat to Haryana, and altering the MOA. Five new directors were appointed, including Gaurav Kumar Tripathi as Whole-time Director for 3 years, Anubhav Agarwal and Piyush Bichhoriya as Non-Executive Non-Independent Directors, and Sanmitra Trivedi and Jalpa Anand Lavingia as Independent Directors for 5-year terms. The company is pivoting towards renewable energy and infrastructure.

Likely market impact

Major restructuring as promoter group renames firm and pivots to energy sector; new promoter-aligned board takes charge.