Goel Food Products Limited has scheduled its adjourned 30th Annual General Meeting (AGM) for Friday, September 11, 2026. The company’s Board of Directors approved the reconvening of the meeting during a session held on July 25, 2026, ensuring shareholders can participate in critical governance decisions for the financial year 2025-2026.

The AGM will be conducted via video conferencing, commencing at 11:00 AM. This mode of participation allows for broader shareholder engagement while adhering to regulatory guidelines for remote meetings. The decision to reconvene follows the previous postponement of the annual gathering.

Meeting Details

The key logistical details for the adjourned AGM are as follows:

Regulatory Approvals and Scrutinizer

During the same board meeting, which concluded at 11:30 AM, the directors approved the notice convening the adjourned AGM along with the Explanatory Statement pursuant to Section 102 of the Companies Act, 2013. This ensures that all necessary disclosures and explanations regarding the resolutions are provided to shareholders ahead of the vote.

To oversee the voting process and ensure compliance, the Board appointed M/s Ankita Dutta, Partner at Mamta Binani & Associates (Practicing Company Secretaries), as the Scrutinizer for the meeting. Her role will be critical in validating the e-voting results and certifying the outcome of the AGM.

Shareholder Communication

Goel Food Products Limited will circulate a fresh notice containing detailed instructions for participation and e-voting to all shareholders via email. The notice will also be available on the company’s website, ensuring transparent access to information for all investors. This communication is part of the company’s compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, as reported by Managing Director Dinesh Goyal.

Goel Food Products Limited submitted to BSE the copies of newspaper publications made on June 27, 2026, regarding the dispatch of its annual report and notice for the 30th Annual General Meeting (AGM). The AGM is scheduled to be held on Friday, July 24, 2026, at 11:00 A.M. IST via video conferencing. The meeting seeks shareholder approval to ratify borrowings exceeding statutory limits and authorize loans up to ₹50 crore, addressing a non-compliance with Section 180(1)(c) of the Companies Act, 2013.

The notice confirms the company has borrowed money in excess of the limits prescribed under Section 180(1)(c) without prior shareholder approval. To rectify this, shareholders will vote on a special resolution to ratify these borrowings. Additionally, the AGM will consider special resolutions to increase the threshold for loans, guarantees, and investments under Section 186 to ₹50 crore, and to approve overall borrowing limits up to ₹50 crore under Section 180(1)(c). Another resolution seeks authorization to provide loans or guarantees to entities covered under Section 185, capped at ₹50 crore.

Revenue from operations for FY26 stood at ₹2,190.90 lakh, compared to ₹2,452.14 lakh in FY25. Total income decreased to ₹2,330.88 lakh from ₹2,555.42 lakh in the previous year. The company reported a profit after tax of ₹282.40 lakh for the financial year ended March 31, 2026, a decline from ₹505.51 lakh in the previous year. The Board has not recommended any dividend for the period under review, stating the profit will be ploughed back into the business. The paid-up share capital of the company remains at ₹18,85,20,000 divided into 1,88,52,000 equity shares of ₹10 each.

Ms. Rashmi Goyal, Executive Director, retires by rotation at the upcoming AGM and being eligible, offers herself for reappointment. The registered office at 76/1/2 Golaghata Road, Kolkata, will serve as the venue for the proceedings. M/s. Bigshare Services Private Limited acts as the Registrar and Share Transfer Agent. The statutory auditors, M/s R. Kothari & Co LLP, reported no qualifications or adverse remarks requiring clarification.

Key Meeting Details