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.

Nakoda Group of Industries has accepted the resignation of Apurv Avinash Hirde as its Company Secretary and Compliance Officer, effective July 31, 2026. Hirde, who served as a Key Managerial Personnel (KMP) for the Nagpur-based manufacturer, tendered his resignation to pursue new career opportunities outside the company. The departure marks a change in the firm’s compliance leadership structure, with the Board of Directors now tasked with identifying a suitable replacement.

The resignation was formally communicated to the National Stock Exchange of India Ltd. and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Jayesh Choudhary, Whole Time Director of Nakoda Group of Industries Limited, confirmed that the Board received Hirde’s resignation letter on June 8, 2026. While the resignation was accepted with immediate effect regarding his intent to leave, his last working day is designated as July 31, 2026, at closing business hours.

Hirde, holding Membership No. ACS 60955, cited personal career progression as the reason for his exit. In his resignation letter addressed to the Board of Directors, he requested the company to file the necessary forms with the Registrar of Companies (ROC) Mumbai and the Ministry of Corporate Affairs (MCA). He also thanked the management and directors for their support during his tenure.

The company stated it is in the process of hiring a suitable candidate for the vacant position. Nakoda Group of Industries Limited will issue a further intimation to the stock exchanges once the vacancy is filled. This procedural update ensures transparency for investors regarding changes in key managerial roles.

Key Details of Resignation

What This Means for Stakeholders

The departure of a Company Secretary and Compliance Officer is a routine corporate governance event but requires prompt attention to ensure continuous regulatory compliance. For shareholders and investors, the primary implication is the temporary vacancy in a critical oversight role. The company’s commitment to filling the position promptly and updating the exchanges mitigates any potential operational risk. Investors should monitor future filings for the appointment of the successor, which will restore full KMP staffing levels.