Neptune Logitek Ltd

Dematerialisation status

• No dematerialisation/rematerialisation requests were received during the period.
• No certificates were mutilated or cancelled, and no substitution of the depository as registered owner occurred.
• No securities were received from depository participants for dematerialisation.
• No listing-related actions were applicable since there were no dematerialisation activities.

Regulatory penalty

• BSE fined Neptune Logitek Rs 11,800 for non-submission of voting results under Regulation 44(3).
• Payment to be made within prescribed timelines; communication dated 14 October 2026.

Rating details

• CRISIL assigns long-term BB rating with Stable outlook to Neptune Logitek's Rs 70 crore facilities.
• Total bank loan facilities rated: Rs 70 crore; no debt securities issued.
• Outlook: Stable.
• Agency: CRISIL Ratings Limited.
• Disclosure is informational; no debt securities outstanding.
• Issuer: Neptune Logitek Limited.
• Rating action date: 29 September 2026.

Resigning director details

• Mukesh Bafna, Independent Director, resigns from Neptune Logitek Limited.
• Effective from September 25, 2026.
• Reason: pre-occupation elsewhere, limiting time for company affairs.
• Confirms there are no other material reasons beyond those stated.
• Resigns from the Board and various committees of the company.
• Not holding directorships or committee memberships in other listed entities.
• No replacement details or immediate board/committee changes disclosed.

Neptune Logitek Ltd trading window closed from 01 October 2026 till 48 hours after declaration of the unaudited half-year results for the period ended 30 September 2026

AGM Details

• AGM held on 21 September 2026 at 03:30 P.M. IST, Gandhidham, Gujarat (physical).
• Remote e-voting period 17–20 September 2026 via CDS; polling papers available at AGM.
• Scrutinizer appointed: M/s Dixit Shah and Associates, Company Secretaries.

Key Resolutions & Voting

• Ordinary: Adopt audited accounts and directors' report; outcome not disclosed; deemed passed on AGM date.
• Ordinary: Re-appoint director by rotation; outcome not disclosed; deemed passed on AGM date.
• Special: Appoint Non-Executive Independent Director; outcome not disclosed; deemed passed on AGM date.
• Special: Approve addition to object clause of MOA; outcome not disclosed; deemed passed on AGM date.

Transaction overview

• Target entity: Neptune Cargo Services Private Limited, logistics and freight forwarding services in India.
• Size: Authorized share capital Rs 10 lakh; paid-up share capital Rs 10 lakh.
• Related party: becomes wholly owned subsidiary; cross-director links; arm's length transaction.
• Industry: Logistics.
• Objects: aligns with Neptune Logitek's logistics investment strategy.
• Regulatory approvals: Not Applicable.
• Indicative completion: 16 September 2026.
• Consideration: Cash via bank transfer.
• Price: Face value Rs 10 per share.
• Shareholding acquired: 1,00,000 equity shares representing 100%.
• Background: freight forwarding via sea, rail, road; incorporated 16 Sept 2026 in India.

AGM notice and AR access

• AGM 14th on 21 Sept 2026 at 3:30 PM in Gandhidham.
• e-voting window: 17 Sept 2026 09:00 to 20 Sept 2026 17:00.
• Cut-off date for e-voting: 11 Sept 2026.
• Annual Report FY2025-26 available on Neptune Logitek website.
• Notice and AR also on CDSL and BSE platforms.
• Email address registration reminders for demat holders; RTA Bigshare contact provided.
• AR accessible via company website under Investor disclosures.
• Letter provides web-link of AR 2025-26 to members without registered emails.
• AGM venue: BBZ-N-62/A, Ward 12/A, Gandhidham.