Shah Foods has scheduled its 44th Annual General Meeting (AGM) for September 30, 2026, at 3:00 pm via video conferencing. The company notified the BSE on September 8, 2026, confirming the date and mode of the meeting.

The AGM will address key resolutions including the approval of the Annual Report for FY25-26. Shareholders holding shares as of the record date will be eligible to vote electronically.

Meeting Details

The board previously approved the issuance of convertible warrants worth up to ₹28.92 crore to promoters. The AGM will also consider the increase in authorized share capital from ₹24 crore to ₹25.50 crore.

Voting and Access

Detailed instructions for remote e-voting are provided in the AGM notice. The Integrated Annual Report and notice are available on the company’s website. Shareholders without registered email IDs will receive a letter with a web-link to access these documents.

Other Board Resolutions

In its September 7, 2026 meeting, the board also appointed MR & Associates as Secretarial Auditor for five years, commencing FY27. Mr. Manan Rajesh Patel resigned as Executive Director effective September 7, 2026.

Shah Foods Limited shareholders have approved 10 resolutions through a postal ballot process conducted via e-voting. The voting window closed on August 17, 2026, with results declared on August 19, 2026. Key approvals include the appointment of three independent directors, authorization for related-party transactions, and significant structural changes involving a company name change and the shifting of its registered office from Gujarat to West Bengal.

Director Appointments

The board saw multiple additions and reappointments effective from July 8, 2026:

• Anuj Jalan appointed as Chairman and Managing Director for a three-year term.
• Raj Kumar Jalan appointed as Executive Director.
• Daivik Jalan appointed as Non-Independent Non-Executive Director.
• Pragati Goel appointed as Independent Non-Executive Women Director for five years.
• Giri Raj Parashar appointed as Independent Non-Executive Director for five years.
• Shivam Gupta appointed as Independent Non-Executive Director for five years.

Corporate Restructuring

Shareholders also approved special resolutions to change the company’s name and shift its registered office from Gujarat to West Bengal. Additionally, an ordinary resolution authorized material related-party transactions with Tandhan Power Technologies Private Limited under Section 188 of the Companies Act, 2013. A special resolution granted approval under Section 185 for advancing loans, giving guarantees, or providing security.

Voting Dynamics

The voting process was scrutinized by MR & Associates, with Bigshare Services Private Limited facilitating remote e-voting. Out of 1,097 shareholders on the record date of July 10, 2026, only 23 members cast votes electronically. No physical ballot forms were received.

For resolutions where promoters were interested (director appointments and related-party transactions), promoter votes were excluded. In these cases, public non-institutional shareholders holding 3,527,985 shares provided the entire voting base, passing the resolutions with near-unanimous support. For other resolutions, all 19,413,022 shares were eligible to vote, with promoters casting their full stake in favor.

What the Numbers Show

The voting data reveals a distinct bifurcation in shareholder participation based on promoter interest. For the six resolutions where promoters had no conflict of interest, the entire shareholding base of 19.4 million shares voted, with promoters contributing 15.9 million shares. Conversely, for the four interested resolutions, the promoter block of 15.9 million shares was entirely excluded, leaving only 3.5 million shares from public non-institutional investors to determine the outcome. Despite this reduced base, the resolutions passed with over 99% support from the eligible public voters, indicating strong alignment between the promoter-led agenda and the minority shareholder base.