Mehai Technology Ltd

Mehai Technology Ltd has announced the closure of its trading window for directors, officers, designated persons, and their immediate relatives. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the company's unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This measure is in compliance with SEBI's Prohibition of Insider Trading Regulations and the company's internal code of conduct, aimed at preventing potential insider trading during the sensitive period leading up to and immediately following the financial results announcement. The date of the Board of Directors' meeting to approve these results will be communicated separately.

Mehai Technology Limited's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The approval took place at a board meeting held on Thursday, May 28, 2026, at the company's registered office. The financial results were accompanied by an Audit Report issued by the Statutory Auditor M/s. Bijan Ghosh & Associates, Chartered Accountants. The board meeting commenced at 8:00 P.M. and concluded at 9:00 P.M.

Mehai Technology Limited's Board of Directors, at a meeting on May 27, 2026, approved the appointment of M/s. Shubham Sinha & Associates as the secretarial auditor for the Financial Year 2025-26. This appointment is effective until the next Annual General Meeting. The decision followed the resignation of the previous secretarial auditor, M/s. Sumit Bist & Associates, citing personal reasons. The new appointment was made based on the recommendation of the Audit Committee. M/s. Shubham Sinha & Associates is a Peer Review firm based in Kolkata, providing a range of corporate law, SEBI, and advisory services, ensuring continued regulatory compliance for the company.

The Board of Directors of Mehai Technology Limited, at its meeting on May 27, 2026, noted the resignation of M/s. Sumit Bist & Associates as the Secretarial Auditor due to personal reasons. Concurrently, based on the Audit Committee's recommendation, the Board approved the appointment of M/s. Shubham Sinha & Associates as the new Secretarial Auditor for the Financial Year 2025-26. Shubham Sinha & Associates is a Peer Review firm based in Kolkata, specializing in corporate laws and regulatory compliance, and is unrelated to the company's directors.

Mehai Technology Limited announced the resignation of M/s. Sumit Bist & Associates, Practising Company Secretary, as its Secretarial Auditor. The resignation is effective from May 27, 2026, and was attributed to personal reasons. The company received the intimation on the same date and has made the necessary disclosure as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Audit Committee and the Board of Directors will consider the appointment of a new Secretarial Auditor in due course.

Mehai Technology Ltd. announced that the change in its Memorandum of Association (MOA), approved by shareholders on May 8, 2026, has been approved by the Registrar of Companies, Kolkata. The updated MOA includes expanded business activities such as consultancy in industrial automation, IT services, trading in petroleum and pharmaceutical products, grain processing, and manufacturing dental products.

Mehai Technology Ltd's Monitoring Agency Report for the quarter ended March 31, 2026, regarding its Rights Issue of equity shares, has been issued by Careedge Ratings. The report, related to a ₹74.11 crore Rights Issue, highlights that Care Ratings Limited is unable to comment on deviations in the utilization of right issue proceeds due to the absence of requisite information, including a CA certificate and supporting documents. The report is prepared on a best-efforts basis due to incomplete information.

Mehai Technology Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the audited financial results (standalone & consolidated) for the quarter and year ended March 31, 2026. The meeting will also address any other matter with the permission of the Chair.

Mehai Technology Ltd has allotted 8,04,10,000 equity shares of ₹1 each, including a premium of ₹2.50, on April 27, 2026. This allotment is a result of the conversion of an equal number of warrants, for which the company received ₹21,10,76,250 (being 75% of the issue price). These warrants were initially issued on a preferential basis to promoters and non-promoters in October 2024, following shareholder approval in August 2024. Following this conversion, the company's issued, subscribed, and paid-up equity share capital has increased to ₹82,90,30,000, consisting of 82,90,30,000 fully paid-up equity shares. A total of 11,86,00,000 warrants (2.30 Cr promoter, 9.56 Cr non-promoter) remain pending for conversion. The newly allotted shares rank pari-passu with existing equity shares.

Mehai Technology Ltd. held a Board Meeting on April 08, 2026, where they approved the alteration of the Main Object Clause and ancillary object clause of the Memorandum of Association. The alteration will enable the Company to undertake the business of petroleum products, pharmaceutical products, grain processing, renewable energy, and activities related to artificial teeth. The Board also approved the re-appointment of Mr. Akash Tak as a Non-Executive Independent Director for a term of five consecutive years.