Shantai Industries Ltd

Shantai Industries Ltd. has filed its Annual Report for the financial year 2025-26, as per SEBI regulations. The report is available on the company's website. Key highlights include the Board of Directors, Corporate Information, and details of various committees. The Chairman's message indicates a significant strategic transformation, with the company planning to diversify from its traditional textile manufacturing business into the Food and Beverage (F&B) sector under new ownership and management. This move aims to build a more sustainable and growth-oriented business model.

Shantai Industries Ltd has announced its 41st Annual General Meeting (AGM) will be held on Tuesday, September 29, 2026, at 4:00 PM IST. The meeting will be conducted virtually via Video Conferencing (VC) or other Audio-Visual Means (OAVM). Key agenda items include the adoption of the Audited Financial Statements for the fiscal year ended March 31, 2026, the re-appointment of Mr. Vasudev Fatandas Sawlani as Whole-Time Director, and the re-appointment of M/S. DSI & Co. as Statutory Auditors for a second five-year term. Additionally, the appointment and remuneration of Mr. Jinesh Kanaiyalal Pandav as Executive Director will be proposed.

Jinesh Pandav, through an off-market transaction via a Share Purchase Agreement, has acquired a substantial 74.40% stake in Shantai Industries Limited. This acquisition involves 55,80,000 equity shares, bringing the total holding of Jinesh Pandav and Persons Acting in Concert (PACs) to this significant percentage of the company's total share capital. The transaction was executed on August 17, 2026, and the total equity share capital of Shantai Industries remains 75,00,000 equity shares of Rs. 2/- each.

Vasudev Sawlani has divested his entire 74.40% stake, amounting to 55,80,000 shares, in Shantai Industries Limited through an off-market transaction. The sale was executed on August 17, 2026, pursuant to a Share Purchase Agreement. Prior to the sale, Sawlani held 74.40% of the company's total share capital. The total equity share capital of Shantai Industries Limited remains 75,00,000 shares of Rs. 2/- each, both before and after the transaction. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Shantai Industries Ltd announced its standalone unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results along with the Limited Review Report. Additionally, the company approved the appointment of four new directors: Mr. Jinesh Kanaiyalal Pandav, Mr. Nikunj Vijaybhai Prajapati, and Mr. Dishant Kanubhai Pandav as Executive Directors, and Mr. Keyur Gordhanbhai Kaklotar as a Non-Executive Independent Director. The company also proposed a change in its name from "Shantai Industries Limited" to "Radhe Dhokla Retail Limited", subject to shareholder and MCA approval, and recommended alterations to its Memorandum of Association.

Shantai Industries Ltd. announced the outcome of its Board Meeting held on August 10, 2026. The board approved the standalone unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. Key appointments were made, including Mr. Jinesh Kanaiyalal Pandav, Mr. Nikunj Vijaybhai Prajapati, and Mr. Dishant Kanubhai Pandav as Additional Directors (Executive Directors), and Mr. Keyur Gordhanbhai Kaklotar as an Additional Director (Non-Executive Independent Director). The company also proposed a change of its name from "Shantai Industries Limited" to "Radhe Dhokla Retail Limited", subject to shareholder and regulatory approvals. Additionally, the board recommended an alteration to the Objects Clause of the Memorandum of Association.

Shantai Industries Ltd has announced that its Board of Directors will convene on August 10, 2026, at 4:00 PM IST. The primary agenda item is to consider and approve the standalone unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. Additionally, the company has informed that the trading window for its equity shares will remain closed for directors, officers, designated employees, and their immediate relatives from July 01, 2026, until 48 hours after the declaration of the financial results.

Shantai Industries Ltd has announced the closure of its trading window for directors, officers, designated employees, and their immediate relatives. This closure is in accordance with SEBI regulations and the company's internal code of conduct for insider trading. The window will remain shut from July 01, 2026, until 48 hours after the announcement of the unaudited financial results for the quarter ended June 30, 2026. The exact date of the board meeting to consider these results will be communicated later.

Shantai Industries Ltd's Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026, along with the audit report. The board meeting occurred on May 25, 2026, where Mr. Dharan Shah, Chartered Accountant, was appointed as the Internal Auditor for the financial year 2026-27.

Shantai Industries Ltd's Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026, during their meeting held on May 25, 2026. The board also appointed Mr. Dharan Shah, Chartered Accountant, as the Internal Auditor for the financial year 2026-27. The meeting concluded at 06:40 PM.