Anjani Foods Limited held its 42nd Annual General Meeting on September 29, 2026, where shareholders approved the audited financial statements for FY26 and appointed a new Independent Director.

The meeting was conducted through Video Conferencing and Other Audio-Visual Means in compliance with Ministry of Corporate Affairs guidelines. Chairman K V Vishnu Raju presided over the proceedings, which concluded at 3:25 pm IST.

Key resolutions passed

Shareholders voted on three primary agenda items during the session. The adoption of financial statements covered both standalone and consolidated accounts for the year ended March 31, 2026.

Leadership changes

K V Vishnu Raju retired by rotation and was reappointed as a director following shareholder approval. Additionally, S Phani Kumar was appointed as an Independent Director for a five-year term effective August 13, 2026, through August 12, 2031. He shall not be liable to retire by rotation.

Voting and participation details

The company facilitated remote e-voting prior to the meeting and provided an insta-poll facility for attendees who had not previously voted. The insta-poll remained open for 15 minutes after the meeting's conclusion, closing at 3:40 pm IST.

Sixteen shareholders registered as speakers, with four raising questions that were addressed by the Chairman during the session. M/s D Hanumanta Raju & Co served as the scrutinizer for the voting process.

Anjani Foods will hold its 42nd Annual General Meeting on September 29, 2026, to approve financial results for FY26 and appoint an independent director.

The bakery manufacturer reported a 3.93% rise in standalone revenue to ₹5,529.53 lakh for the year ended March 31, 2026, up from ₹5,320.63 lakh in the previous year. However, the bottom line contracted sharply as a significant non-operational charge weighed on earnings.

Financial Performance

Standalone EBITDA expanded 19.4% to ₹517.74 lakh, reflecting improved operating leverage compared to ₹433.55 lakh in FY25. Profit before tax stood at ₹217.73 lakh before exceptional items.

However, the company recorded a ₹115.69 lakh impairment of goodwill as an exceptional item. This charge reduced profit after tax by nearly two-thirds to ₹48.86 lakh, down from ₹149.74 lakh in FY25. Consolidated net profit fell even more steeply to ₹19.12 lakh from ₹133.70 lakh.

What the Numbers Show

The divergence between top-line growth and bottom-line contraction highlights the impact of balance sheet adjustments on reported profitability. While operational cash generation remained robust—with operating cash flow at ₹161.99 lakh—the goodwill write-off completely offset the gains from higher EBITDA margins, leaving shareholders with significantly lower distributable profits.

Corporate Actions

Shareholders will vote to reappoint Chairman K.V. Vishnu Raju, who retires by rotation. The meeting will also regularize the appointment of S. Phani Kumar as an independent director for a five-year term. The register of members will remain closed from September 23 to September 29, 2026.