Agribio Spirits EGM Oct 24, 2026: Merger Vote Details

EGM called to approve merger proposal

Agribio Spirits Limited has scheduled an Extraordinary General Meeting (EGM) on October 24, 2026 to seek shareholder approval for the merger of Agribiotech Industries Limited with the company. The meeting has been convened pursuant to an order of the National Company Law Tribunal (NCLT), Jaipur Bench dated August 13, 2026. The EGM notice sets out the voting process and key dates for shareholders who want to participate.

The company has said the EGM will be conducted through physical means along with Video Conferencing (VC) and Other Audio Visual Means (OAVM). This structure allows shareholders to join either in person or through remote participation mechanisms. The key decision point for shareholders is the approval of the merger-related resolution.

Venue and hybrid participation details

For shareholders attending physically, the venue is Signature Elite in Jaipur. The company has also referenced its corporate office location at 302-305, Signature Elite, J7 Govind Marg, Narayan Singh Circle, Jaipur - 302004. The listed contact phone numbers are 141-4006454/5/6.

By offering VC and OAVM in addition to a physical venue, Agribio Spirits is enabling participation beyond the meeting location. Shareholders who plan to vote are also given remote e-voting options in the run-up to the EGM.

EGM schedule: date, time, and mode

The EGM is scheduled as follows, as disclosed by the company.

This schedule places the EGM after the company’s annual meeting cycle for September 2026. It also aligns with the company’s stated remote voting window, which closes the day before the meeting.

Remote e-voting: window and platform

Agribio Spirits has arranged remote e-voting facilities through Central Depository Services (India) Limited (CDSL). The company has stated that shareholders eligible as of the cut-off date can cast their votes electronically before the meeting concludes.

The remote e-voting window runs from October 19, 2026 at 9:00 am and closes on October 23, 2026 at 5:00 pm. The company has clarified that the remote e-voting module will be disabled by CDSL after the specified end time.

In addition to the remote window, the company has disclosed that e-voting during the meeting will be available for 15 minutes after the discussion.

Cut-off date for EGM voting eligibility

The cut-off date for determining shareholder eligibility for e-voting is September 30, 2025. This cut-off date has been explicitly stated in the company’s voting instructions for the EGM.

For investors, this means eligibility to vote is tied to holdings as of that cut-off date, not the week of the EGM. Shareholders should rely on the company’s stated cut-off and the depository and registrar records for eligibility, as described in the notice.

September 2026 AGM: dividend, record date, and voting

Separately from the EGM, Agribio Spirits has also scheduled its 51st Annual General Meeting (AGM) for Wednesday, September 30, 2026 at 11:30 a.m. at its corporate office in Jaipur. The Board has recommended a final dividend of ₹0.30 per equity share for the financial year ended March 31, 2026. The company has described this as a 3% payout on a face value of ₹10, and the recommendation is subject to shareholder approval at the AGM.

The company has fixed September 23, 2026 as the record date for determining eligibility for the proposed final dividend. It also disclosed that the register of members and share transfer books will remain closed from September 24, 2026 to September 30, 2026.

Remote e-voting for the AGM is scheduled from September 27, 2026 at 9:00 am to September 29, 2026 at 5:00 pm via CDSL. If approved, the dividend will be paid within 30 days from the date of the AGM. The company has stated that payment will be made electronically to demat holders based on depository records and to physical shareholders after valid transfers are processed.

Additional AGM agenda items and shareholder communication

The AGM agenda includes the re-appointment of Mrs. Puja Bajoria as a Non-Executive Director. Agribio Spirits also provided web links for the AGM notice and the Annual Report for FY 2025-26 to shareholders who have not registered email addresses.

In its communications, the company reminded shareholders to update KYC details such as PAN, address, bank, nomination, and signature. It also encouraged shareholders to dematerialize physical securities in line with SEBI-related requirements mentioned in the update.

Market reference points disclosed

The material also references the company’s share price at ₹328.6. Separately, the record date for the dividend is stated as September 23, 2026, and an “Ex Date” reference is shown as Sep 23, 2026 in the shared information.

Why these dates matter for shareholders

For shareholders, the immediate action points are tied to the voting windows and eligibility dates. For the merger vote, the key steps are verifying eligibility as of the September 30, 2025 cut-off date and using the CDSL remote e-voting window from October 19 to October 23, 2026, or voting during the meeting within the 15-minute window after discussion.

For the dividend and AGM resolutions, the key dates are September 23, 2026 as the record date, the book closure period from September 24 to September 30, 2026, and the remote e-voting window from September 27 to September 29, 2026. Shareholders who want timely access to notices and reports also need updated contact and KYC details on record.

Conclusion

Agribio Spirits has set October 24, 2026 for an EGM to vote on the proposed merger of Agribiotech Industries, following an NCLT Jaipur Bench order dated August 13, 2026. The company has also outlined clear remote e-voting windows through CDSL, alongside its September 30, 2026 AGM timetable and the proposed final dividend of ₹0.30 per share. The next formal milestones are the closure of the EGM remote e-voting window on October 23, 2026 and the EGM itself on October 24, 2026.