Intimation for submission of notice for 6th Annual General Meeting to be held on 25th September, 2025
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Healthy Life Agritec Ltd has notified BSE about its 6th AGM scheduled for Thursday, 25th September, 2025 at 3:00 PM, to be held via video conferencing. Four items are on the agenda: (1) adoption of audited standalone and consolidated financial statements for FY ending 31st March 2025, (2) re-appointment of Managing Director Ms. Divya Mojjada who retires by rotation, (3) a special resolution to amend the Articles of Association allowing calls on shares to exceed half the nominal value with shorter intervals between calls (vs. the current one-fourth limit), and (4) a special resolution to approve remuneration of up to Rs. 1 crore per annum for Ms. Divya Mojjada. The cut-off date for e-voting eligibility is 19th September 2025, with remote e-voting open from 22nd to 24th September 2025 via CDSL.
The most notable item for shareholders is the proposed jump in Managing Director remuneration from Rs. 7.2 lakh to up to Rs. 1 crore per annum — a roughly 14x increase that needs shareholder approval. The Articles of Association amendment also gives the Board more flexibility to raise capital through share calls, which could affect future dilution risk for existing shareholders.