Team24 Consumer Products Limited held its 43rd Annual General Meeting on September 29, 2026, in Panaji, Goa. The meeting focused on the adoption of annual accounts for FY26 and the re-appointment of a director retiring by rotation.

The proceedings commenced at 11:00 am and concluded at 12:30 pm. The meeting was conducted in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A quorum was present, including four directors and thirty shareholders.

Resolutions passed at the meeting

The shareholders considered both ordinary and special business items. The following resolutions were placed before the members for voting:

Sakshi Jalan, a Non-Executive Non-Independent Director, was re-appointed under the ordinary resolution. She was unable to attend the meeting due to prior commitments. The special business item involved the approval of related party transactions under Section 188 of the Companies Act, 2013, and Regulation 23 of the SEBI Listing Regulations.

Board attendance and governance

The meeting was chaired by Sayed Abbas, Non-Executive Independent Director and Chairperson. Other directors present included Sachin R Rane, Manzoor Ul Haque Butt, and Ganesh Shenoy. Pooja Gopal Shirodkar served as the Company Secretary and Compliance Officer.

The Statutory Auditor, M/s VC Shah & Associates, could not attend due to pre-occupation. M/s Agrawal Mundra & Associates acted as Secretarial Auditors and Scrutinizers for the voting process. Aditya Agrawal, a Practicing Company Secretary, was appointed as the scrutinizer to ensure the validity of the votes.

Voting and results announcement

Shareholders who had not voted via remote e-voting cast their ballots during the meeting. The scrutinizer’s report will be submitted to BSE Limited and made available on the company’s website within 48 hours of the meeting's conclusion. The Chairman authorized the Company Secretary to announce the final voting results.

Team24 Consumer Products Limited confirmed the dispatch of notices for its 43rd Annual General Meeting (AGM) on September 8, 2026. The company published advertisements in Financial Express and Goan Varta to comply with regulatory requirements regarding the notification of shareholders.

The AGM is scheduled for Tuesday, September 29, 2026, at 11:00 am in physical mode at the company’s office in Panaji, Goa. The initial disclosure regarding the meeting date was filed with BSE Limited on September 7, 2026, under Regulations 30 and 36(1)(b) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Meeting Details

The gathering will transact business as outlined in the official notice. Shareholders are required to register their email addresses with the Registrar and Share Transfer Agent or Depository Participants to receive timely communications. An electronic copy of the Annual Report for FY25-26, including the AGM notice, is available on the company website.

Agenda Items

The meeting will address ordinary business, including the adoption of audited financial statements for the year ended March 31, 2026, and the re-appointment of Ms. Sakshi Jalan (DIN: 08719425), who retires by rotation.

A special business item seeks shareholder approval for related-party transactions with Team24 Foods and Beverages Private Limited, the company’s holding entity. The Board proposes an omnibus approval for transactions up to ₹1.20 crore during FY27. These transactions involve the sale and purchase of goods, services, and expense reimbursements.

Team24 Foods holds a 72.54% stake in the listed entity. The proposed transaction value represents approximately 77.94% of the listed company’s annual consolidated turnover for the preceding financial year. Mr. Sachin R. Rane, a promoter and non-executive director, and Mr. Manzoor ul Haque Butt, the managing director, both serve as directors of Team24 Foods.

E-Voting Schedule

Electronic voting will be available for eligible shareholders during a specific window preceding the physical meeting. The cut-off date for e-voting eligibility is September 22, 2026. National Securities Depository Limited (NSDL) has been engaged to provide the remote e-voting facility.

Shareholders who have not registered their email addresses will receive letters containing weblinks to access the Notice and the Annual Report for Financial Year 2025-26. Members holding shares in dematerialised form are requested to update their details with their respective Depository Participants.