Healthy Life Agritec has scheduled its seventh annual general meeting for September 26, 2026, at 12:30 pm. The meeting will be held via video conference or other audio-visual means. Shareholders can participate in remote e-voting starting September 23, 2026, at 9:00 am until September 25, 2026, at 5:00 pm.

The register of members and share transfer books will remain closed from September 20, 2026, to September 26, 2026, to determine eligibility for voting. The cut-off date for both remote e-voting and voting at the AGM is September 20, 2026. Central Depository Services Limited (CDSL) has been appointed as the e-voting agency.

Key Agenda Items

The notice for the AGM outlines several ordinary and special business items for shareholder approval.

Director Re-appointment

Mr. Mohammed Sadiq (DIN: 08612733) retires by rotation at the meeting. Being eligible, he offers himself for re-appointment as a director liable to retire by rotation. He holds only three equity shares in the company and draws no remuneration.

Secretarial Auditor Appointment

The Board proposes the appointment of Mrs. Prachi Bansal, Proprietor of M/s Prachi Bansal & Associates, as the Secretarial Auditor for a five-year term commencing April 1, 2026, until March 31, 2031. This appointment aligns with Regulation 24A of the SEBI LODR Regulations and Section 204 of the Companies Act, 2013.

Related Party Transaction Approval

Shareholders will vote on a material related-party transaction with Yummy Food Industries Private Limited, an entity under the same control and management. The agreement involves contract manufacturing for 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 in the ordinary course of business.

Regulatory Compliance

The intimation was issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The e-voting facility complies with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI LODR Regulations. Divya Mojjada, Managing Director, signed the disclosure on behalf of the company.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0L3501015/6d2ba29f-0cdd-4871-98df-9881f0b2bb70.pdf

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.