The Annual Report of the Company for the financial year 2024-25 has been attached herewith.
Awaiting price reaction for this filing.
Alka India Limited submitted its 31st Annual Report for FY 2024-25 to BSE on February 27, 2026, and the report was sent electronically to members. The 31st AGM is scheduled for March 23, 2026 at 11:00 a.m. via video conferencing. The AGM notice includes 16 resolutions, the most significant being: a proposed change of company name from Alka India Limited to AUDROC Limited, shifting the registered office from Maharashtra to Gujarat, and a sweeping change in the company's objects clause pivoting toward agriculture, food processing, FMCG, dairy, contract farming, and agro-forestry businesses. Shareholders are also being asked to approve a sharp increase in borrowing limits to Rs 5,000 crore each under Section 180(1)(c) and Section 186, an unsecured loan of up to Rs 100 crore from a Director (with an option to convert into equity), and a preferential issue of equity shares. Several independent directors are being formally appointed, and M/s J. M. Patel & Bros. is proposed as new statutory auditor for a 5-year term.
For shareholders, this filing signals a significant strategic pivot for the company — a name change, a new business focus on food, agriculture, and FMCG, and a likely relocation to Gujarat. The huge jump in borrowing limits (to Rs 5,000 crore) along with a preferential equity issue and a Director loan convertible into equity points to potential equity dilution and a major expansion or acquisition plan ahead. Investors should watch the AGM voting outcomes closely as these resolutions would reshape the company's identity and capital structure.