Board approves 5 slump sales to promoter group subsidiaries, director changes

Valencia Nutrition board approved FY26 Directors Report, appointed Ashish Kamdar as Executive Director and Hiren Jain as Non-Executive Director, and noted Paresh Desai's resignation. Board also approved altering MoA to add agriculture and IT or AI businesses. Key item: 5 slump sales of divisions (Beverages, Snacks, POS, Nutraceuticals, Consumer Products) to new subsidiaries where VNL holds 75% and promoter Manish Turakhia holds 25, classified as related party deals. Combined revenue contribution about 9.5%. AGM set for Sept 29, 2026.