Proceedings of 12th Annual General Meeting ("AGM") held on Saturday, September 27, 2025 at 11:00 a.m.
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Valencia Nutrition Ltd held its 12th AGM on September 27, 2025, from 11:00 a.m. to 1:15 p.m. in hybrid mode (in-person in Mumbai and via video conference). Six of eight directors were physically present; Mr. Eshanya Guppta and Mr. Geet Shah could not attend. The Managing Director shared business updates including a newly incorporated wholly-owned subsidiary in Spain (May 29, 2025) for beverages and snacks, the launch of 'Nitrro Roar' energy drink in partnership with Nitrro Fitness, co-branded Valencia Can Beverages with Hamdard (Rooh Afza range), and pilot vending machine rollouts at OYO and WeWork locations. New growth verticals discussed include Nutracare Lifesciences, CRUNZZO fortified snacks, Valencia perfumes and aroma diffusers, and PET/can beverage expansion targeting MENA and EU markets. Eleven resolutions were transacted, including re-appointment of Managing Director Manish Turakhia, WTD/CFO Jay Shah, and two Independent Directors for a second 5-year term, plus approvals for higher borrowing limits under Section 180 and related party transactions with Valencia Beverages & Superwater Pvt Ltd. The Statutory and Secretarial Auditor reports for FY2024-25 contained no qualifications. Remote e-voting ran September 24–26, 2025, and final voting results will be shared within 48 hours.
Shareholders got visibility into the company's aggressive diversification plan—from nutrition into beverages, perfumes, vending, and international markets (Spain WOS, MENA focus). The approval of higher borrowing limits and material related party transactions could increase leverage and inter-company activity, which investors should monitor. Re-appointments of the MD, WTD/CFO, and Independent Directors signal management continuity.