Newtrac Foods & Beverages Limited held its 39th Annual General Meeting on September 24, 2026, through two-way Video Conferencing. The meeting concluded at 3:11 pm IST with 99 members in attendance.

The proceedings were conducted in compliance with MCA and SEBI circulars permitting virtual meetings. NSDL provided the e-voting facility, and Mr. Mahendra Kumar Jagdeesh Patel presided over the session as Executive Director.

Resolutions passed

The shareholders considered both ordinary and special business items outlined in the meeting notice. The agenda focused on financial adoption, board continuity, and statutory appointments.

Voting and compliance details

Remote e-voting commenced on September 21, 2026, and closed on September 23, 2026. Members present during the virtual meeting were given a 15-minute window to cast their votes electronically if they had not voted remotely earlier.

Mr. Ramesh Chandra Bagdi, Practicing Company Secretary, served as the Scrutinizer to ensure a fair voting process. The final voting results and the Scrutinizer’s Report are scheduled for publication on the company website and submission to stock exchanges within 48 hours of the meeting’s conclusion.

Newtrac Foods & Beverages Limited has issued the notice for its 39th Annual General Meeting (AGM), scheduled for September 24, 2026. The meeting will be held via Video Conferencing or Other Audio Visual Means (VC/OAVM) at 3:00 pm.

The company, formerly known as Markobenz Ventures Limited, confirmed that shareholders holding equity shares within the book closure period of September 18, 2026, to September 24, 2026, are eligible to participate. The Board of Directors finalized these procedural aspects during its meeting on September 1, 2026.

Special Business Agenda

The AGM agenda includes three key special resolutions. Shareholders will vote on the appointment of M/s Sarang Shivajirao Chavan & Associates as the new Statutory Auditors. This appointment fills a casual vacancy arising from the resignation of the previous auditors, M/s NKSC & Co., effective May 30, 2026.

Additionally, the meeting seeks shareholder approval for the regularization of two independent directors:

• Mr. Gurunath Jairam Gurav (DIN: 11878094)
• Mr. Rathindranath Bishnupada Ghosh (DIN: 08158972)

Both directors were initially appointed as Additional Directors by the Board on August 25, 2026, pending member approval.

Ordinary Business

Under ordinary business, members will receive, consider, and adopt the Audited Financial Statements for the financial year ended March 31, 2026. The company also seeks the reappointment of Mr. Mahendra Kumar Jagdeesh Patel (DIN: 10782956) as a Director, who retires by rotation.

Voting and Participation

Remote e-voting will be facilitated by National Securities Depository Limited (NSDL). The voting period commences on September 21, 2026, at 9:00 am and ends on September 23, 2026, at 5:00 pm. Members holding shares as of the cut-off date of September 17, 2026, are eligible to cast their votes electronically.

Financial Context

The Annual Report accompanying the notice highlights that the company reported a net loss of ₹636.95 lakh for FY26, compared to a net profit of ₹179.72 lakh in FY25. Revenue from operations declined significantly to ₹1,632.01 lakh from ₹6,407.78 lakh in the previous year. No dividend has been declared for the financial year 2025-2026.