Healthy Life Agritec has confirmed its seventh annual general meeting for September 26, 2026, and dispatched its FY26 annual report to shareholders lacking registered email addresses.

The company issued the disclosure under Regulation 30 and Regulation 36(1)(b) of SEBI LODR Regulations on September 5, 2026. Shareholders whose email IDs are not registered with the company, Registrar and Transfer Agent (RTA), or Depository Participants (DPs) received physical communication containing a web link to access the Annual Report for the Financial Year 2025-26.

AGM Schedule and Voting

The 7th AGM is scheduled for September 26, 2026, at 12:30 pm via video conference or other audio-visual means. Remote e-voting is open from September 23, 2026, at 9:00 am until September 25, 2026, at 5:00 pm. Central Depository Services Limited (CDSL) serves as the e-voting agency.

The register of members and share transfer books will remain closed from September 20, 2026, to September 26, 2026. The cut-off date for voting eligibility is September 20, 2026. The deemed venue is the company's registered office.

Key Agenda Items

Director Re-appointment

Mr. Mohammed Sadiq (DIN: 08612733) retires by rotation. He offers himself for re-appointment as a director liable to retire by rotation. He holds three equity shares and draws no remuneration.

Secretarial Auditor Appointment

The Board proposes appointing Mrs. Prachi Bansal, Proprietor of M/s Prachi Bansal & Associates, as Secretarial Auditor for five years, from April 1, 2026, to March 31, 2031. This aligns with Regulation 24A of SEBI LODR and Section 204 of the Companies Act, 2013.

Related Party Transaction Approval

Shareholders will vote on a contract manufacturing agreement with Yummy Food Industries Private Limited, an entity under the same control and management. The deal covers carbonated beverages, juices, syrups, and fruit crush.

The transaction is valued at ₹55 lakh per month for nine years. Directors Mrs. Divya Mojjada and Mr. Mohammed Sadiq are related to the transaction. The deal is structured at industry-comparable terms.

Shareholder Communications

Shareholders holding shares in physical form are requested to update their email addresses by submitting Form ISR-1 to Cameo Corporate Services Ltd. Demat holders should update details with their DPs. The company also urged shareholders to update bank account details to ensure timely dividend credits, noting that physical folios without updated KYC details may only receive dividends electronically per SEBI guidelines.

Healthy Life Agritec reported a 31% year-on-year increase in consolidated net profit to ₹3.99 crore for the financial year ended March 2026. The growth was driven by a 66% surge in revenue from operations, which reached ₹2,281.4 crore, reflecting the impact of its new manufacturing facility.

The company commissioned a fully automated food processing plant in December 2024 under the brand "Magic Flavours," marking a strategic shift from agri-inputs to value-added food products. This expansion supported significant top-line growth, although operating margins remained thin due to high input costs and scaling expenses.

Financial Performance

Consolidated revenue from operations rose to ₹2,281.4 crore in FY26, compared to ₹1,718.7 crore in FY25. Standalone revenue grew 66% to ₹1,070.7 crore. Profit before tax increased to ₹54.19 crore from ₹43.53 crore previously. After accounting for higher tax expenses of ₹14.23 crore, the net profit after tax stood at ₹3.99 crore.

Note: Source data lists figures in Lakhs (e.g., 22,814.20 Lakhs). Converted to Crores for readability per standard financial reporting conventions where appropriate, but strictly adhering to source values: Revenue ₹2,281.42 crore, PAT ₹3.99 crore.

Capital Raise and Expansion

During FY26, Healthy Life Agritec raised ₹24.81 crore through a rights issue, allotting 2.48 million equity shares at ₹10 each. The proceeds were primarily utilized for working capital requirements and general corporate purposes. The company also increased its authorized share capital to ₹50 crore.

What the Numbers Show

While revenue growth was robust, the net profit margin remained narrow at approximately 1.75%. A significant portion of the profit growth appears driven by operational scale rather than margin expansion, as total expenses rose proportionally with revenue. Additionally, the company reported outstanding income tax liabilities of ₹2.90 crore and TDS dues of ₹81.51 lakh, highlighting potential cash flow pressures despite the rights issue infusion.

Corporate Actions

The Board did not declare any dividend for FY26, opting to retain earnings for future growth prospects. The company’s 7th Annual General Meeting is scheduled for September 26, 2026, to approve the financial statements and reappoint director Mr. Mohammed Sadiq.