Nakoda Group of Industries Limited has announced the resignation of its Company Secretary & Compliance Officer, marking a significant change in the company's key managerial personnel. The resignation comes as the executive seeks new career opportunities outside the organization.

Key Personnel Change Details

Mr. Aditya Vinod Kokil, holding membership number ACS 59159, has tendered his resignation from the position of Company Secretary & Compliance Officer effective from the closing business hours of April 1, 2026. The resignation was communicated to the Board of Directors on the same date.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Formal intimations have been sent to both the National Stock Exchange of India Limited (NSE) and BSE Limited regarding this key managerial personnel change.

The resignation letter submitted by Mr. Kokil expressed gratitude to the Board of Directors and management for their support and cooperation during his tenure. He has requested the company to file the required forms with the Registrar of Companies (ROC) Mumbai and the Ministry of Corporate Affairs (MCA).

Succession Planning

Nakoda Group of Industries Limited has indicated that it is actively in the process of identifying and hiring a suitable candidate for the Company Secretary & Compliance Officer position. The company has committed to informing the stock exchanges once the vacancy is filled.

The announcement was signed by Jayesh Choudhary, Whole Time Director (DIN: 02426233), confirming the board's acknowledgment of the resignation and the initiation of the replacement process. The company continues its operations while ensuring compliance with all regulatory requirements during this transition period.

Nakoda Group of Industries Limited has successfully concluded its board meeting held on March 23, 2026, approving the authorization for a strategic co-packing agreement with Rudransh Beverages Private Limited. The meeting was conducted at 06:00 P.M. at the company's registered office, marking a significant step in the company's expansion into the packaged drinking water segment.

Board Meeting Outcome

The board meeting concluded with the approval of key strategic decisions that will shape the company's future operations in the beverages sector:

Co-packing Agreement Specifications

The board has granted authorization to Mr. Jayesh Choudhary, Whole Time Director, to enter into a comprehensive agreement with Rudransh Beverages Private Limited. The agreement encompasses multiple aspects of business operations:

Strategic Business Rationale

The agreement represents a mutually beneficial partnership addressing specific business objectives for both entities. Nakoda Group of Industries Limited will gain entry into the consumer product segment of packaged drinking water, significantly expanding its product range and market presence. Meanwhile, Rudransh Beverages Private Limited will benefit from acquiring a new client, resulting in increased turnover and enhanced capacity utilization.

Terms and Consideration Structure

The company will organize manufacturing, supply and co-packing of products under the NOCTRL trade name through this partnership. Nakoda Group will pay consideration as per mutually accepted terms and conditions specified in the formal agreement. The arrangement does not involve any acquisition of shares or voting rights, ensuring no related party transactions are created.

Regulatory Compliance and Documentation

The company has maintained strict adherence to regulatory requirements under SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. The outcome notification was digitally signed by Pravin Choudhary, Managing Director (DIN: 01918804), ensuring proper corporate governance protocols. The documentation was submitted to both NSE (Scrip Code: NGIL) and BSE (Scrip Code: 541418) as per regulatory mandates.

Market Implications

This strategic move positions Nakoda Group of Industries Limited in the growing packaged drinking water market under the NOCTRL brand. The partnership approach allows the company to leverage existing manufacturing capabilities while minimizing capital investment, demonstrating a prudent expansion strategy in the competitive beverages sector.