Sahara Maritime Ltd

Sahara Maritime Limited has received a request from Ms. Pramila Rajesh Soni, a member of the Promoter Group, to be reclassified as a Public category shareholder. Ms. Soni holds 2,01,000 equity shares, representing 6.55% of the total shareholding. The request is made under Regulation 31A of the Listing Regulations, citing non-involvement in the company's business, management, or policy decisions. The company's Board of Directors has considered the request and will proceed with necessary regulatory approvals from SEBI, stock exchanges, and shareholders. Ms. Soni has provided undertakings to comply with the conditions stipulated for reclassification.

Sahara Maritime Ltd has announced its 17th Annual General Meeting (AGM) will be held on Saturday, September 26, 2026, at 2:00 PM at the company's registered office in Mumbai. The meeting agenda includes the adoption of audited financial statements for the fiscal year ended March 31, 2026, the re-appointment of a director, and the re-appointment of statutory auditors M/s K. K. Jhunjhunwala & Co. for a five-year term. A key special business item is the proposed reclassification of Ms. Pramila Rajesh Soni from the 'Promoter Group' to the 'Public' category, involving 2,01,000 equity shares representing 6.55% of the shareholding. The notice of the AGM has been dispatched to shareholders and is available on the company's website.

Sahara Maritime Ltd has filed its Annual Report for the Financial Year 2025-26, along with the Notice convening its 17th Annual General Meeting. The report, submitted as per SEBI (LODR) Regulations, 2015, details corporate information, chairman's message, board of directors' report, financial statements including the balance sheet, profit & loss, and cash flow statements as of March 31, 2026. It also includes annexures on related party transactions, conservation of energy, secretarial audit, remuneration, and management discussion and analysis. The company's shares are listed on the BSE SME Platform, and key personnel changes in the Company Secretary role are noted.

Sahara Maritime Ltd's Board of Directors met on September 03, 2026, approving key proposals. M/s K. K. Jhunjhunwala & Co. are set for re-appointment as Statutory Auditors for a five-year term, subject to shareholder approval at the upcoming 17th AGM. The board also approved the reclassification of Ms. Pramila Rajesh Soni from 'Promoter Group' to 'Public' category, pending shareholder and regulatory approvals. The 17th Annual General Meeting is scheduled for September 26, 2026. Additionally, the board noted a 91-day delay in appointing a qualified Company Secretary as Compliance Officer, attributed to recruitment challenges and a sudden resignation. The compliance has since been rectified with the appointment of Ms. Ramdulari Saini, and a fine of ₹1,07,380 has been paid.

Sahara Maritime Ltd announced the appointment of M/s. K. K. Jhunjhunwala & Co., Chartered Accountants, as its new Statutory Auditors, effective July 1, 2026. This appointment fills a casual vacancy arising from the resignation of M/s G A M P & Co. The appointment is subject to shareholder approval at the upcoming Annual General Meeting. Additionally, Ms. Ramdulari Saini was appointed as Company Secretary and Compliance Officer.

Sahara Maritime Ltd has responded to a clarification sought by the BSE regarding its recent share price movement. The company stated that it is in full compliance with SEBI (LODR) Regulations, 2015, and has consistently disclosed all price-sensitive information. Sahara Maritime clarified that there is no undisclosed price-sensitive information or impending announcement that could influence the scrip's price. The company attributes the recent price movement solely to market conditions and assures continued prompt disclosure of all material events and information.

Sahara Maritime Ltd announced the resignation of its statutory auditors, M/s G A M P & Co., effective May 28, 2026. The auditors cited pre-occupation with other professional engagements and ongoing assignments as the reason for their inability to devote adequate time and resources to the company. The company confirmed that there were no concerns raised by the auditor regarding management or material reasons for the resignation. The Audit Committee and the Board will consider the appointment of new statutory auditors in due course to fill the casual vacancy. The resignation letter and annexures detailing the reasons and auditor information have been submitted as per SEBI regulations.

Sahara Maritime Ltd announced the resignation of its statutory auditor, M/s G A M P & Co., Chartered Accountants, effective May 28, 2026. The resignation was due to the auditor's preoccupation with other professional engagements, limiting their ability to dedicate sufficient time and resources to the company. The resigning auditor raised no concerns regarding the company's management, and the audit committee will consider the appointment of a new statutory auditor.

Sahara Maritime Ltd's Board of Directors approved the standalone audited financial results for the half year and year ended March 31, 2026, during its meeting held on May 27, 2026. The board also considered and approved the audit report and declarations regarding unmodified opinion and non-applicability of related party transactions and annual secretarial compliance report. The trading window, which was closed from April 1, 2026, will reopen on May 29, 2026.

Sahara Maritime Ltd has announced its audited financial results for the half year and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 27, 2026. The company received an unmodified opinion from its auditor, Meilgamp & Co. The board also declared the non-applicability of related party transactions and the Annual Secretarial Compliance Report. The trading window, which was closed from April 1, 2026, reopened on May 29, 2026.