Nakoda Group of Industries Limited held its 13th Annual General Meeting on September 25, 2026, via video conferencing. Shareholders adopted the standalone audited financial statements for the fiscal year ended March 31, 2026, and approved key leadership appointments.

The meeting, chaired by Whole-Time Director Jayesh Choudhary, saw the unanimous passage of all resolutions through electronic voting. No queries were raised by shareholders during the session, which concluded at 11:02 am.

Key resolutions passed

The primary agenda items focused on the adoption of annual accounts and the continuation of existing management. The following resolutions were put to vote:

Leadership continuity

Shareholders approved the re-appointment of Pravin Choudhary as Managing Director and Chairman for a further period of five years, effective from February 10, 2027, to February 9, 2032. This special resolution ensures continued leadership stability at the Nagpur-based industrial firm.

Additionally, Jayesh Choudhary was re-appointed as Whole-Time Director for another five-year term, running from June 7, 2027, to June 6, 2032. Kokila Ashok Jha, who retired by rotation, was also re-appointed as a Non-Executive Women Director.

Voting and attendance details

The meeting was conducted entirely through Video Conferencing (VC) and Other Audio-Visual Means (OAVM), in compliance with Ministry of Corporate Affairs and SEBI circulars. Remote e-voting facilities were available from September 22, 2026, to September 24, 2026.

Directors present included Pravin Choudhary (Managing Director), Jayesh Choudhary (Whole-Time Director), Hemraj Dekate, Sandeep Jain, and Kapil Agrawal (Independent Directors). Sakshi Tiwari served as Chief Financial Officer. Manish N Jain & Co. acted as the statutory auditor, while Rachana Daga served as the scrutinizer.

Nakoda Group of Industries has set September 18, 2026, as the record date for its 13th Annual General Meeting (AGM), scheduled for September 25, 2026. The company also reported a net profit of ₹1.50 crore for FY26, reversing a loss of ₹3.64 crore in the prior year.

The Board of Directors approved the financial statements for the year ended March 31, 2026, in a meeting held on August 29, 2026. The primary agenda includes adopting the Annual Report and re-appointing key executives.

Financial Performance

For FY26, Nakoda Group reported revenue from operations of ₹4,345.60 lakh, down from ₹4,625.24 lakh in FY25. Despite the revenue decline, the company achieved a profit before tax of ₹2.12 crore, compared to a loss of ₹4.86 crore previously. This turnaround was driven by a significant reduction in total expenditure to ₹4,133.86 lakh from ₹5,112.86 lakh.

The company did not declare any dividend for the period. Subsequent to the financial year-end, the company allotted convertible warrants aggregating to ₹24.36 crore on a preferential basis.

AGM Details

The 13th AGM will be held via Video Conferencing or Other Audio Visual Means at 10:30 am on September 25, 2026. Members holding shares as of August 28, 2026, are entitled to receive notice. The cut-off date for electronic voting eligibility is September 18, 2026.

Bigshare Services Private Limited will provide e-voting facilities. Mrs. Rachana Daga of R. A. Daga & Co. was appointed as the Scrutinizer for the e-voting process.

Director Re-appointments

Shareholders will vote on the re-appointment of two key executives:

Mr. Pravin Choudhary brings extensive experience in the Food & Agro industry. Mr. Jayesh Choudhary manages day-to-day affairs and modern technology implementation. Additionally, Mrs. Kokila Ashok Jha retires by rotation and offers herself for re-appointment as Non-Executive Women Director.

Business Updates

The company expanded into beverages and packaged drinking water during the year, launching the "NO CTRL" brand for energy drinks and flavored carbonated soft drinks. It also entered a co-packing arrangement to expand its beverage product range. The company continues to export to Middle East and European markets while catering to domestic institutional customers including airlines and railways.