Scrutinizer Report & Voting Results for the AGM held on Saturday, 27th Septembewr 2025
Awaiting price reaction for this filing.
Nagarjuna Agri Tech Ltd held its 37th Annual General Meeting on September 27, 2025, via video conferencing, and all 8 resolutions were passed with the requisite majority. Shareholders approved the audited financial statements for FY ending March 31, 2025, the appointment of Agarwal Khetan & Co as statutory auditors and Mohit Vanawat & Associates as secretarial auditors, both for 5-year terms. Re-appointment of Shri Rajesh Shaw as Whole-time Director (retiring by rotation) was also approved. Two related-party transactions with Allenby Food & Beverages (for premises/building and for machinery usage) were cleared, with promoters recused from voting (Resolution 5 passed 99.96% in favour). Two special resolutions approved the acquisition of partnership firm M/s. Kathleen Confectioners and the acquisition of 100% shareholding in M/s. Kathleen Food Private Limited, making it a wholly owned subsidiary.
The AGM outcomes are largely procedural, but shareholders should note the strategic expansion via the Kathleen Confectioners acquisition and the creation of Kathleen Food Pvt Ltd as a wholly owned subsidiary. The promoter-recused RPT approvals for Allenby Food & Beverages are now formally in place. Voting turnout was modest (57 shareholders participated via remote e-voting), so no meaningful dissent on any resolution.