Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Annual Report 2024-25 of the Company. The Annual ....
Awaiting price reaction for this filing.
Nagarjuna Agri Tech Ltd has submitted its Annual Report for FY 2024-25 to BSE under SEBI LODR Regulation 34(1), along with the notice for its 37th AGM to be held on September 27, 2025 via video conferencing. The AGM agenda includes adoption of audited financials, appointment of statutory and secretarial auditors for 5-year terms, and re-appointment of Whole Time Director Rajesh Shaw. Two key special business items seek shareholder approval for related party transactions with Allenby Food & Beverages Pvt Ltd (a related party, with promoter Rachna Suman Shaw holding 22.75%) for leasing premises at Rs. 11 lakh/month plus GST and hiring machinery at Rs. 8 lakh/month plus GST. Additionally, the company proposes acquiring M/s. Kathleen Confectioners (partnership firm) for Rs. 4.90 crore and acquiring 100% stake (9,05,000 shares at Rs. 1,117/share) in M/s. Kathleen Food Pvt Ltd for Rs. 10.11 crore, making it a wholly owned subsidiary.
The filing combines a routine annual report submission with materially significant items: a proposed acquisition worth Rs. 15.01 crore total and recurring related-party transactions that equal 37,372% of the company's consolidated turnover, signaling aggressive business expansion and related-party activity that shareholders should evaluate carefully.