Agarwal Toughened Glass India Approves Preferential Issue of Shares and Warrants at ₹109 Each

Agarwal Toughened Glass India Limited (formerly known as Agarwal Toughened Glass India Private Limited) convened its first Extra-Ordinary General Meeting (EOGM No. 01 / FY: 2026-27) on Wednesday, May 6, 2026, at 03:00 P.M. (IST) through Video Conferencing (VC). The meeting was conducted in compliance with the applicable provisions of the Companies Act, 2013, relevant rules thereunder, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 of the SEBI LODR Regulations, the company submitted the proceedings and detailed disclosures to the National Stock Exchange of India Limited on May 7, 2026.

Meeting Attendance and Key Officials

The Company Secretary, Mrs. Varsha Sethi, welcomed members and introduced the Board of Directors along with the statutory and secretarial auditors. A total of 16 members joined through VC and the EGM venue, constituting the requisite quorum for the meeting to proceed. The following officials were connected during the meeting:

Name: Designation Mrs. Anita Agarwal Chairman and Managing Director Mr. Mahesh Kumar Agarwal Executive Director Mr. Uma Shankar Agarwal Director Mr. Nitin Ghanshyam Hotchandani Independent Director and Chairman of Audit Committee and Nomination & Remuneration Committee Mr. Ravi Torani Independent Director Mrs. Shalini Sharma Independent Director and Chairperson of Stakeholders Relationship Committee Mr. Mangal Ram Prajapati Chief Financial Officer Mrs. Varsha Sethi Company Secretary & Compliance Officer PCS Monika Gupta Secretarial Auditor and Scrutinizer (M/s SKMG & Co.) CA Umesh Kumar Jethani Statutory Auditor (M/s Jethani & Associates)

Resolutions Passed

The Chairman addressed shareholders and took up the agenda items as set out in the Notice dated 06.04.2026, which had been circulated to shareholders in advance. Two special resolutions were approved through remote e-voting and e-voting during the meeting:

Item No.: Particulars Type of Resolution 1. Issue of Equity Shares on Preferential Basis to the Person/Entity belonging to the Promoter/Promoter Group and certain identified Non-Promoter Persons/Entities Special Resolution 2. Issue of Warrants on Preferential Basis to the Person/Entity belonging to the Promoter/Promoter Group and certain identified Non-Promoter Persons/Entities Special Resolution

Preferential Issue Details

Pursuant to the shareholder approvals, the company disclosed the following key terms of the preferential issue in accordance with SEBI LODR Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026:

Parameter: Details Type of Securities Equity Shares and Convertible Warrants (1 warrant = right to subscribe to 1 equity share) Type of Issuance Preferential Allotment Equity Shares (up to) 17,46,000 shares of face value ₹10/- each Convertible Warrants (up to) 46,80,000 warrants, each convertible into 1 fully paid-up equity share of face value ₹10/- each Issue Price ₹109/- per Equity Share and per Warrant Total Aggregate Amount ₹70,04,34,000/- (Rupees Seventy Crore Four Lakh Thirty-Four Thousand only) Warrant Subscription Price 25% of warrant issue price payable at time of allotment Warrant Exercise Price 75% of warrant issue price payable at time of equity share allotment upon exercise Warrant Exercise Period Within 18 months from date of allotment, in 1 or more tranches Post-Allotment Paid-up Equity Share Capital (up to) 2,41,00,600 fully paid-up equity shares of ₹10/- each, aggregating up to ₹24,10,06,000/- Number of Investors 23

Proposed Allottees

The preferential issue is proposed to be made to a mix of promoter, promoter group, and non-promoter entities. The complete list of proposed allottees is as follows:

Sr. No.: Name of Proposed Allottee Category 1 Mahesh Kumar Agarwal Promoter 2 Sharda Agarwal Promoter 3 Sharda Devi Agarwal Promoter Group 4 Palak Agarwal Promoter Group 5 Stork Commercial Private Limited Non-Promoter 6 Amit R Agarwal Non-Promoter 7 Amit Agarwal HUF Non-Promoter 8 Shruti Agarwal Non-Promoter 9 Satvat Agro LLP Non-Promoter 10 Eklingji Tradelink Private Limited Non-Promoter 11 Ashwinkumar Danabhai Chauhan Non-Promoter 12 M N Trading Non-Promoter 13 Kashmira Ajay Patel Non-Promoter 14 Tulsi Vivekkumar Patel Non-Promoter 15 Roma Ratankumar Chanda Non-Promoter 16 Nivedita Non-Promoter 17 Rakesh Kumar Rathi Non-Promoter 18 SKS Capital Non-Promoter 19 Noida Holding Private Limited Non-Promoter 20 Madhusudan N Sarda Non-Promoter 21 Chandani Sangani Non-Promoter 22 Kamalkumar Natavarlal Sangani Non-Promoter 23 Gopi Sangani Non-Promoter

Voting Process and Scrutinizer's Report

Members were informed about the remote e-voting facility provided through NSDL. Those members whose names appeared in the Register of Members/Beneficial Owners as on the record date (cut-off date), i.e., Wednesday, April 29, 2026, were eligible to cast their votes electronically. The remote e-voting period commenced on Sunday, May 3, 2026 at 09:00 A.M. (IST) and ended on Tuesday, May 5, 2026 at 05:00 P.M. (IST). Members present at the meeting who had not cast their votes earlier were invited to vote during the EGM through the e-voting facility, which remained open for 15 minutes after the conclusion of the meeting. PCS Monika Gupta, Practicing Company Secretary (Jaipur), was appointed as the Scrutinizer to oversee the remote e-voting and e-voting at the EGM. The Scrutinizer is required to submit her consolidated report within two working days of the EGM, following which the results will be submitted to NSE and uploaded on the company's website and the NSDL portal. The meeting commenced at 03:00 P.M. (IST) and concluded at 03:27 P.M. (IST). The proceedings were digitally signed by Mrs. Varsha Sethi, Company Secretary & Compliance Officer (M. No.: ACS-78121), on May 6, 2026, and the Regulation 30 disclosure was digitally signed by Managing Director Anita Agarwal on May 7, 2026.

Agarwal toughened glass India Limited has filed its mandatory yearly disclosure under SEBI's substantial acquisition and takeover regulations for the financial year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Limited on April 2, 2026, ensuring compliance with regulatory transparency requirements.

Regulatory Compliance Filing

The disclosure was filed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011. This regulation mandates periodic disclosures from promoters and substantial shareholders to maintain market transparency and protect investor interests.

Filing Details: Information Filing Date: April 2, 2026 Regulation: SEBI Regulation 31(4) Financial Year: Ended March 31, 2026 Scrip Name: AGARWALTUF

Promoter Declaration

Mahesh Kumar Agarwal, serving as Director with DIN 02806108, filed the disclosure on behalf of the company's promoters. In his declaration, Agarwal confirmed that neither he nor any person acting in concert had encumbered any shares held directly or indirectly during the financial year ended March 31, 2026.

Promoter Information: Details Name: Mahesh Kumar Agarwal Position: Director DIN: 02806108 Address: 70, Sona Badi, Gopalpura Bypass, Jaipur - 302018

Company Information

Agarwal Toughened Glass India Limited, formerly known as Agarwal Toughened Glass India Private Limited, is headquartered at F-2264, RIICO Industrial Area, Ramchandrapura, Sitapura (Ext.), Jaipur - 302022, Rajasthan. The company operates in the glass manufacturing sector and maintains its listing on the National Stock Exchange.

The filing was also copied to the Chairman of the Audit Committee, ensuring internal governance protocols are maintained alongside regulatory compliance. This disclosure represents part of the company's ongoing commitment to maintaining transparency with stakeholders and regulatory authorities.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.

We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.