Natraj Proteins Limited shareholders have approved the re-appointment of Sharad Kumar Jain as Whole-time Director and Executive Director. The appointment is effective from October 1, 2026, for a period of three years.

The decision was ratified during the company’s 35th Annual General Meeting held on September 29, 2026. All four resolutions placed before the shareholders were passed with the requisite majority, reflecting strong shareholder confidence in the current leadership structure.

Leadership continuity

Sharad Kumar Jain (DIN: 02757935) is one of the core promoters of the company. He holds a bachelor’s degree in science and brings 39 years of experience in the soya industry and real estate business. In his new role, he will be responsible for general business activities and assisting the Chairman & Managing Director.

The disclosure confirms that there are no relationships between directors relevant to this appointment. Additionally, it was stated that Jain is not debarred from holding the office of Whole-time Director by any SEBI order or other authority.

AGM outcomes and voting results

The meeting, conducted via Video Conferencing from the registered office in Itarsi, commenced at 2:00 pm and concluded at 2:20 pm. A quorum was established with 25 members participating through the virtual platform, satisfying the requirement of at least 15 members present.

The Board placed four items before the shareholders, including the adoption of financial statements for FY26 and other personnel appointments. The voting results were declared on September 29, 2026.

Total shares outstanding stood at 37,47,000. The total votes polled across all resolutions represented approximately 36% of the outstanding share capital. CS Ishan Jain served as the scrutinizer for the voting process.

Natraj Proteins reported a net profit of ₹113.51 lakh for the financial year ended March 31, 2026, reversing a net loss of ₹146.27 lakh in the previous year. Revenue from operations declined to ₹10,112.13 lakh from ₹11,778.29 lakh in FY25.

The company has scheduled its 35th Annual General Meeting (AGM) for Tuesday, September 29, 2026, at 2:00 pm via Video Conferencing or Other Audio-Visual Means (OAVM). Remote e-voting will commence on September 26, 2026, at 9:00 am and conclude on September 28, 2026, at 5:00 pm. The cut-off date for voting entitlement is September 22, 2026.

Financial Performance

The turnaround in profitability was driven by a reduction in total expenditure to ₹10,028.38 lakh from ₹11,944.78 lakh in FY25, despite the decline in revenue. Profit before tax stood at ₹110.58 lakh compared to a loss of ₹117.65 lakh in the prior year. Earnings per share (EPS) were ₹3.03, improving from a loss of ₹3.90 per share in FY25.

Key Operational Updates

The Board proposes the re-appointment of Sharad Kumar Jain as Whole-time Director for three years w.e.f. October 1, 2026. Shareholders will also ratify the remuneration of M/s Yogesh Chourasia & Associates as Cost Auditors for FY27. Kailash Chand Sharma retires by rotation and offers himself for re-appointment as Chairman & Managing Director.

The company’s annual capacity remains at 75,000 M.T.P.A. for oilseed crushing and 15,000 M.T.P.A. for edible oil refining. No dividend is recommended for FY26 to retain profits for future purposes.

What the Numbers Show

The profit turnaround occurred despite a 14.1% decline in revenue, indicating significant cost efficiency improvements. Total expenditure fell by 16.0%, outpacing the revenue drop. This divergence suggests operational leverage or reduced input costs contributed more to the bottom line than top-line growth in FY26.