Sanginita Chemicals Renamed Agastya Energy and Infrastructure Limited; New Directors Appointed
A general meeting of Sanginita Chemicals, formerly known as Sanginita Chemicals Pvt. Ltd., approved several key corporate changes, including a significant name change and multiple director appointments. The company decided to alter its name to 'AGASTYA ENERGY AND INFRASTRUCTURE LIMITED' during the Extra-Ordinary General Meeting (EGM) held on August 7, 2026.The EGM proceedings included the appointment of four new directors: Mr. Sanmitra Trivedi and Ms. Jalpa Anand Lavingia as Independent Directors, while Mr. Anubhav Agarwal and Mr. Piyush Bichhoriya were appointed as Non-Executive Directors. Mr. Gaurav Kumar Tripathi was also approved as Director and Whole-time Director for the company.
The meeting members also sanctioned the alteration of the company’s Memorandum of Association (MOA) and approved the shifting of the registered office from the State of Gujarat to the State of Haryana, pending regulatory approval. Furthermore, the shareholders approved the name change from 'SANGINITA CHEMICALS LIMITED' to 'AGASTYA ENERGY AND INFRASTRUCTURE LIMITED', contingent upon regulatory clearance.
The new board structure includes a combination of executive and independent directors to oversee operations across the chemical manufacturing sector. The details of the newly appointed directors are summarized below:
| Director Name | Role | Term/Appointment Date |
|---|---|---|
| Mr. Gaurav Kumar Tripathi | Director and Whole-time Director | Appointed for a term of 3 years, effective from June 5, 2026, to June 4, 2029. |
| Mr. Anubhav Agarwal | Non-Executive NonIndependent Director | Appointed with effect from June 5, 2026. |
| Mr. Piyush Bichhoriya | Non-Executive NonIndependent Director | Appointed with effect from June 5, 2026. |
| Mr. Sanmitra Trivedi | Independent Director | Appointed for a first term of 5 consecutive years, up to May 7, 2031. |
| Ms. Jalpa Anand Lavingia | Independent Director | Appointed for a first term of 5 consecutive years, up to May 7, 2031. |
In addition to the board appointments and name change, the company approved the alteration of its Memorandum of Association (MOA). The EGM commenced at 03:00 p.m. and concluded at 03:35 p.m.
SANGINITA Stock Price Movement
On Friday, shares of Sanginita Chemicals Limited shed value, closing down 1.99% and settling at ₹59.10. The decline was marked amidst trading of 26,261 shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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