Please find enclosed file.
Awaiting price reaction for this filing.
Shah Foods Limited held an Extraordinary General Meeting on 6 March 2026 via video conferencing, where 11 special resolutions were tabled. Key items include an increase in authorised share capital along with corresponding changes to the Memorandum and Articles of Association, and two separate preferential allotments of equity shares to non-promoters—one for non-cash consideration and one for cash. The company also approved altering its object clause, adopting a new set of Articles of Association, raising its borrowing limits, and granting the board power to create charges on company assets to secure borrowings. Additionally, shareholders approved increasing limits for investments, loans and guarantees, the appointment of Mr. Vinodkumar Shrikrishna Garg (DIN: 07066207) as a Non-Executive Non-Independent Director, and the shifting of the registered office from Gujarat to West Bengal. The meeting lasted only 15 minutes and was conducted through e-voting, with the scrutinizer being M/s. Maulik Bhavsar & Associates.
This is a significant governance event—shareholders should watch for potential equity dilution from the two preferential allotments to non-promoters, higher future debt capacity, and a major operational shift with the company moving its registered office out of Gujarat. The new director appointment and change of object clause may also signal a strategic pivot for the business.