Sampre Nutritions Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Pradeep Narendra Poddar as Non-Executive Non-Independent Director. The company issued the postal ballot notice on 10 April 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Timeline and Process

The postal ballot process follows a structured timeline with specific dates for shareholder participation:

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. Shareholders whose names appear in the Register of Members as on the cut-off date will be eligible to participate in the voting process.

Director Appointment Details

Pradeep Narendra Poddar was initially appointed as an Additional Director on 13 February 2026, based on recommendations from the Nomination and Remuneration Committee and Board approval. The current postal ballot seeks formal shareholder approval for his appointment as Non-Executive Non-Independent Director, liable to retire by rotation.

Professional Background and Qualifications

Poddar brings substantial industry expertise to the board, holding advanced qualifications and extensive experience in the food processing sector. His educational credentials include a Master's Degree in Business Management and a Bachelor's Degree in Chemical Engineering. The appointee has accumulated approximately four decades of experience in the food processing industry.

Currently, Poddar serves as a director in multiple companies, including Tasty Bite Eatables Limited and Flex Foods Limited. He holds various committee positions across these organizations, including serving as Chairperson of the Risk Management Committee at Tasty Bite Eatables Limited and as a member of several other committees including Audit, Nomination & Remuneration, and Stakeholders Relationship Committees.

Regulatory Compliance and Voting Process

The postal ballot notice complies with Section 110 read with Section 108 of the Companies Act, 2013, and related rules. Akshita Surana, Proprietor of Akshita Surana & Associates, has been appointed as the Scrutinizer to oversee the voting process.

Shareholders can access the voting platform through various methods, including NSDL's e-voting website and mobile applications. The company has provided detailed instructions for different categories of shareholders, including those holding securities in demat mode with NSDL or CDSL, and those holding physical shares.

The resolution requires approval by ordinary resolution, and if passed, will be deemed effective from the last date of e-voting, 10 May 2026. Results will be announced within two working days of the voting conclusion and will be available on the company's website and communicated to relevant stock exchanges.

Sampre nutritions Limited has issued a formal clarification to BSE Limited addressing rumours circulating on social media platforms about alleged business deals. The clarification, dated 18 February 2026, responds to BSE's inquiry regarding information spreading on Telegram channels that claimed the company had entered into significant combined agreements.

Social Media Allegations Addressed

The rumours originated from Telegram channels named "NSE BSE STOCKS" and "Trading Chart," which alleged that Sampre Nutritions had entered into a combined deal with three major companies. The social media posts claimed this arrangement would generate business of approximately INR 100 crores over a period of three years.

Company's Official Position

Sampre Nutritions clarified that while it has business relationships with the mentioned entities, there is no combined or joint agreement as alleged. The company emphasized that it has executed separate independent agreements with each entity in the ordinary course of business.

Actual Agreements Disclosed

The company provided details of the actual agreements that were properly disclosed to the exchange:

Regulatory Compliance and Market Impact

The company stated it is not associated with the mentioned Telegram channels and has not authorized dissemination of such information. Management became aware of the circulation only after BSE's communication and is examining appropriate steps regarding the matter.

Regarding market impact, Sampre Nutritions noted that while certain fluctuations in price and trading volumes have been observed, such movements are not uncommon in normal market activity. The company confirmed that based on currently available information, there is no material information beyond what has already been disclosed that warrants further disclosure under Regulation 30.

Investor Advisory

The company advised investors and shareholders to rely only on information officially filed with the Stock Exchanges. The clarification was signed by Managing Director Brahma Gurbani and submitted under Regulation 30(11) of SEBI (LODR) Regulations, 2015, which governs rumour verification requirements.