Voting results and Scrutinizer''s report of the EGM held on 22.12.2025 of the Company under regulation 44 of the SEBI (LODR), 2015
Awaiting price reaction for this filing.
Nagarjuna Agri Tech Ltd held an Extra Ordinary General Meeting on 22 December 2025 via video conferencing, where all 8 resolutions were approved with near-unanimous support (~99.99% in favour). Key items include: increasing authorised share capital and altering the MOA; a preferential issue of 2,12,86,020 equity shares via a share swap to acquire a 100% stake in Allenby Food & Beverages Pvt Ltd; approval of related party transactions; re-designation of Mr. Sumit Sengupta as Whole Time Director; appointment of Ms. Rachna Suman Shaw as Managing Director (with promoter group interest declared); appointment of Mr. Somenath Chatterjee as Non-Executive Independent Director; and approval to acquire sole proprietorship firm Rafflesia Confectionary and a 60% stake in Aarinii Gourmet LLP. Out of 4,492 shareholders on the record date, 17 attended (1 promoter and 16 public).
Shareholders have cleared the path for multiple acquisitions and a significant equity issuance via share swap, which will dilute existing holdings but expand the company's food and beverages footprint. Board restructuring and related party transaction approvals may raise governance concerns for minority shareholders, though the overwhelming vote in favour suggests strong promoter backing.