Voting Result & Scrutinizer Report attached
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NHC Foods Limited held its 33rd Annual General Meeting on September 30, 2025, via video conferencing from 11:30 a.m. to 11:51 a.m. A total of 5 resolutions were put to vote and all were passed with very strong shareholder support, with each garnering between 98.98% and 99.99% votes in favor. The resolutions covered: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, (2) re-appointment of Mr. Ashish Ashokkumar Shah (DIN: 06701501) as director retiring by rotation, (3) change of his designation from Non-Executive Director to Executive Director (special resolution), (4) enhancement of the borrowing/lending limit under Section 186 of the Companies Act, 2013 (special resolution), and (5) appointment of secretarial auditors. Out of 59.27 crore total outstanding shares, around 9.15 crore shares (about 15.43% of capital) participated in voting through e-voting. The promoter group held nil shares as per the record date, with voting coming entirely from the public non-institutional category.
All five resolutions cleared with overwhelming majority, indicating smooth shareholder approval and no meaningful dissent. The shift of Mr. Shah from Non-Executive to Executive Director and the higher Section 186 limits give management more day-to-day operational authority and flexibility to extend loans, give guarantees, or make investments in other entities going forward.