Univa Foods Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 2025
Awaiting price reaction for this filing.
Univa Foods Limited held its 34th Annual General Meeting on September 29, 2025, via video conferencing, starting at 2:30 PM and concluding at 3:05 PM. A total of 34 members attended the meeting, chaired by Managing Director Mr. Mallinath Madineni. Four resolutions were put to vote: adopting the audited financial statements for FY ended March 31, 2025, reappointing director Mr. Deepak Babulal Kharwad (who retires by rotation), appointing the Secretarial Auditor and approving their remuneration, and a special resolution to allow the company to grant loans, guarantees, or provide security under Section 185 of the Companies Act, 2013. Remote e-voting ran from September 26 to September 28, 2025, and members also raised queries about financial performance and business plans during the meeting. The final voting results will be submitted to the stock exchanges within two working days.
This is a routine AGM compliance filing with no immediate material impact on shareholders. The Section 185 special resolution gives the company broader flexibility to extend loans or guarantees, which investors should monitor as it could signal future related-party transactions or expansion financing plans. The actual voting outcomes, once disclosed, will confirm shareholder approval of each agenda item.