Prataap Snacks adopts FY26 financials at 17th AGM
- Prataap Snacks held its 17th AGM on September 24, 2026, via video conferencing
- Members adopted audited financial statements for the fiscal year ended March 31, 2026
- Re-appointed Apoorva Kumat as Chairman and Executive Director, and Amit Kumat as MD and CEO
- Approved dividend declaration and re-appointment of B S R & Co. LLP as statutory auditors
*this image is generated using AI for illustrative purposes only.
Prataap Snacks Limited held its 17th Annual General Meeting on September 24, 2026, via Video Conferencing. Shareholders approved the adoption of audited financial statements for the fiscal year ended March 31, 2026, and ratified key leadership appointments.
The meeting commenced at 3:30 pm and concluded at 4:40 pm. A total of 52 members participated through the digital platform. The proceedings were conducted in compliance with Ministry of Corporate Affairs and Securities and Exchange Board of India circulars regarding virtual meetings.
Key resolutions passed
Members voted on several ordinary and special business items. The resolutions covered financial approvals, auditor re-appointment, and management continuity.
| Resolution Type | Description |
|---|---|
| Ordinary | Adopt audited financial statements for FY26 |
| Ordinary | Declare dividend on equity shares for FY26 |
| Ordinary | Re-appoint Apoorva Kumat as Director |
| Ordinary | Re-appoint B S R & Co. LLP as Statutory Auditors |
| Special | Re-appoint Amit Kumat as Managing Director and CEO |
| Special | Re-appoint Apoorva Kumat as Chairman and Executive Director |
| Special | Approve remuneration for Independent Directors |
Leadership and governance updates
The Board of Directors was present in full capacity during the session. Apoorva Kumat served as Chairman and Executive Director, while Amit Kumat acted as Managing Director and Chief Executive Officer. Other board members included V.T. Bharadwaj, an Independent Director and Chairman of the Audit Committee, and Venu Vashista, an Independent Director and Chairperson of the Corporate Social Responsibility Committee.
Sumit Sharma, Chief Financial Officer, also attended the meeting. The statutory auditors were represented by Abhishek Baid from B S R & Co., LLP. Ritesh Gupta from M/s. Ritesh Gupta & Co. served as the Secretarial Auditor and Scrutinizer for the voting process.
Voting and compliance details
The company facilitated remote e-voting from September 21, 2026, to September 23, 2026. Members present during the live meeting could also vote electronically until 15 minutes after the conclusion of the session. The combined voting results were scheduled for declaration on September 25, 2026, at the registered office in Indore, Madhya Pradesh.
The Statutory Auditors' Report and Secretarial Auditor's Report contained no qualifications. Consequently, these reports were taken as read by the members. The meeting ended with a vote of thanks delivered by Amit Kumat.
Historical Stock Returns for Prataap Snacks
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.09% | -3.35% | -9.67% | +21.17% | +6.05% | +53.26% |
How will the re-appointment of Amit Kumat as CEO influence Prataap Snacks' expansion strategy into new geographic markets or product categories?
What specific growth targets or capital expenditure plans were outlined in the FY26 financial statements adopted during the AGM?
How does the dividend declaration for FY26 compare to previous years, and what does it signal about the company's cash flow management and shareholder return policy?
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