Outcome of AGM held today i.e. September 25, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vandan Foods Ltd held its 10th AGM on September 25, 2025, via video conferencing, chaired by Non-Executive Chairman Mr. Rakesh Patel. Six resolutions were tabled and transacted, including adoption of audited financial statements for FY ended March 31, 2025, re-appointment of Mr. Rakeshkumar Rameshbhai Patel (who retires by rotation), ratification of cost auditors' remuneration for FY2025-26, and approval of Related Party Transactions. Two special resolutions were passed: increasing the borrowing limit up to Rs. 100 crore and creating charges on the company's movable and immovable assets to secure those borrowings. The meeting ran from 11:30 a.m. to 12:12 p.m. Detailed voting results (remote e-voting plus e-voting at the AGM) along with the Scrutinizer's Report are yet to be announced.
The Rs. 100 crore borrowing limit hike signals potential expansion or debt-led growth plans, which could increase leverage and interest obligations for shareholders. The related-party transaction approval is worth monitoring for governance concerns. No immediate price catalyst is expected until voting results are disclosed.