Nagarjuna Agri Tech has set September 22, 2026 as the record date for determining shareholder eligibility for its 38th Annual General Meeting. The meeting is scheduled for September 29, 2026.

The company will seek approval for three acquisitions totaling approximately ₹18.75 crore in the bakery and quick-service restaurant sector. These transactions aim to expand the firm’s presence in the urban FMCG segment.

Acquisition Details

The board seeks approval to acquire Kathleen Confectioners, a partnership firm with a 40-year legacy, for ₹4.90 crore. Simultaneously, the company will acquire 905,000 equity shares of Kathleen Food Private Limited for ₹10.11 crore, making it a wholly owned subsidiary.

The third target is Aarini Gourmet LLP, where Nagarjuna Agri Tech will invest ₹3.75 crore for a 60% stake. The explanatory statement notes that these acquisitions strengthen the company’s market appearance in the Quick Service Restaurant and bakery chain industry.

Financial Context of Targets

Kathleen Confectioners reported a turnover of ₹12.09 crore for FY24, though it posted a net loss of ₹1.23 crore. In contrast, Kathleen Food Private Limited generated a turnover of ₹47.31 lakh with a net profit of ₹16.28 lakh in the same period.

Aarini Gourmet LLP recorded a turnover of ₹331.38 lakh and a net profit of ₹7.14 lakh for FY25. The company stated that despite recent financial challenges at Kathleen, gross margins have improved, indicating potential for profitability with enhanced operational discipline.

Meeting Logistics

The AGM will be held via Video Conference or Other Audio Visual Means. Remote e-voting will be available from September 26 to September 28, 2026. The register of members will remain closed from September 23 to September 29, 2026.

Shareholders will also consider the re-appointment of Rajesh Shaw as Whole-time Director. The board had previously approved these acquisitions but sought extensions due to procedural requirements, pushing the final approval timeline to the next AGM in 2027.

Nagarjuna Agri Tech Limited approved its revised Directors' Report and Annual General Meeting notice for FY26 during a board meeting held on September 2, 2026. The approval sets the stage for shareholder engagement regarding the company's performance over the fiscal year.

The board convened at 5:00 pm and concluded at 6:15 pm. In addition to the primary agenda items, directors addressed other general business matters as required under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Approvals

The meeting focused on regulatory compliance and corporate governance formalities for the upcoming financial cycle. Key decisions included:

• Approval of the revised Directors' Report along with requisite annexures for FY25-26.
• Approval of the revised draft notice for convening the Annual General Meeting for FY25-26.
• Addressal of other general business items with the permission of the Chair.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Deepika Bhutra, Company Secretary and Compliance Officer, certified the outcome of the meeting.

The company maintains its registered office in Hyderabad and corporate office in Kolkata. Shareholders should monitor official communications for further details regarding the AGM schedule and financial disclosures.