Revise proceeding along with clarification letter
TASTYBITE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tasty Bite Eatables held its 41st AGM on 07 August 2025 at Hotel Sheraton Grand, Pune, from 11:00 AM to 12:40 PM. The filing was submitted late (within 24 hours instead of the required 12 hours) due to limited business hours, internal coordination issues, and a technical upload problem, for which the company apologised and clarified it was unintentional. During the AGM, the MD and management updated shareholders on a new B2C brand launch called 'CHEFFIN', along with financial and overall business updates, and confirmed there are no qualifications in the Statutory Auditors' Report. Shareholders raised questions on financials, operations, and the new product CHEFFIN, which were addressed by the Chairman, MD, and CFO. E-voting was conducted from 04 to 06 August 2025, and a poll was taken at the meeting; results were to be declared within 2 working days.
Shareholders should watch for the declared voting results on resolutions including a INR 2.00 per share dividend (total ~INR 51.32 lakhs), appointment of new statutory and secretarial auditors for 5-year terms, and re-appointment of a rotational director. The new brand CHEFFIN launch into the B2C market signals the company's expansion beyond its traditional ready-to-eat food business, which could affect future revenue mix and growth outlook. The delayed disclosure is a minor compliance lapse but does not impact fundamentals.