BSEHealthy Life Agritec LtdMediumNeutral
Announced Tue, 7 Apr · 17:22 IST

Outcome of the Meeting of the Board of Directors of Company held today i.e. Tuesday, April 07, 2026 pursuant to Regulation 30 of the SEBI LODR Regulations.

Corporate Actions View source PDF

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AI summary

The Board of Healthy Life Agritec Ltd approved doubling the Authorised Share Capital from Rs. 50 Crore to Rs. 100 Crore by increasing the number of authorised equity shares from 5 crore to 10 crore shares (face value Rs. 10 each). The Board also approved modifications to the Object Clause of the Memorandum of Association to include new business lines — food products (drizzle, chutney, ketchup, sauces, etc.) and non-alcoholic beverages (juices, energy drinks, health drinks, etc.). An EGM has been scheduled for May 2, 2026 for shareholder approval. The meeting lasted one hour (4:00 PM to 5:00 PM).

Likely market impact

The doubling of authorised capital gives the company room to issue more shares in the future (for fundraising, acquisitions, or other corporate actions). The expanded object clause signals strategic diversification into food processing and beverage manufacturing. No immediate shareholder action like a split or bonus was declared.