KRITINUTNSEKriti Nutrients LimitedLowNeutral
Announced Fri, 20 Mar · 17:38 IST

Kriti Nutrients Limited has informed the Exchange about General Updates - Submission of the proceedings of the 1/2025-26 Extraordinary General Meeting of the Company held on Friday, 20th March, 2026, pursuant to Regulation 30(2) read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹63.49
prior close
₹63.69
base price
After-mkt
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AI summary

Kriti Nutrients Limited held its first Extraordinary General Meeting (EGM) of FY 2025-26 on 20th March 2026 via video conferencing, lasting from 12:00 PM to 12:19 PM. Out of 20,630 total members on the cutoff date (13th March 2026), 47 members attended the meeting. Two special business items were tabled: (1) alteration of the Memorandum of Association (MOA) to insert a new Clause 35A allowing the company to enter the power generation business, covering conventional and non-conventional sources like solar, wind, hydro, thermal, and tidal energy; and (2) alteration of the Articles of Association (AOA) to insert a new Article 92 authorising the Board to set up and manage electricity generation plants for captive use or sale. The e-voting results are pending and will be declared within two working days.

Likely market impact

This is a significant strategic development for shareholders — the company is amending its objects clause to formally enter the power/energy generation business, signalling a potential diversification away from its core nutrients operations. Investors should await the e-voting results (due within 2 working days) for confirmation, as this expansion could reshape the company's long-term business profile.