Univa Foods Limited concluded its 35th Annual General Meeting on September 26, 2026, with all six resolutions passed unanimously, each receiving 100% votes in favour from the public non-institutions category.

The meeting was held via Video Conferencing and Other Audio-Visual Means, commencing at 4:00 pm and concluding at 4:28 pm. The record date for identifying eligible voters was September 19, 2026, and remote e-voting was open from September 23, 2026 at 9:30 am to September 25, 2026 at 5:00 pm. A total of 8,224 shareholders were on record as of the record date, with 37 public shareholders attending through video conferencing.

Resolutions and board changes

The meeting transacted two ordinary and four special resolutions. Members adopted the audited standalone financial statements for the financial year ended March 31, 2026. Deepak Babulal Kharwad, who retired by rotation, was re-appointed as Director. Pravin Chauhan was appointed first as Director and subsequently as Managing Director via special resolution. Two Non-Executive Independent Directors were also appointed to strengthen governance.

Voting results

All votes were cast by the public non-institutions category, with no participation from the promoter and promoter group or public institutions. For each of the six resolutions, 4,715,631 votes were polled out of 14,322,800 shares held by public non-institutions, representing a polling percentage of 32.92% on outstanding shares. All votes polled were in favour, with zero votes against and no invalid votes recorded.

Scrutinizer and e-voting process

Ajay Yadav, Proprietor of M/s Ajay Yadav & Associates, Company Secretaries (Membership No. ACS 75958, CP No. 27919), served as the Scrutinizer, appointed by the Board on August 11, 2026. The scrutinizer's report was issued on September 26, 2026. Central Depository Services (India) Limited provided the remote e-voting and AGM e-voting platform. Votes were unblocked on September 26, 2026 in the presence of two witnesses not in the employment of the company, and the e-voting summary was downloaded from CDSL's website. The scrutinizer certified that all resolutions were passed with the requisite majority, pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Univa Foods Limited returned to profitability in the quarter ended March 31, 2026, reporting a net profit of ₹12.80 lakh, a reversal from the net loss of ₹8.65 lakh in the corresponding period of the previous year. For the full fiscal year FY26, the company narrowed its net loss to ₹12.86 lakh from ₹20.84 lakh in FY25. The turnaround was driven by revenue from operations, which stood at ₹15.00 lakh for the quarter and the full year, compared to nil in the previous year. The board approved the audited standalone financial results and appointed a new internal auditor during its meeting on May 26, 2026.

Financial Performance

The company's total income for Q4FY26 was ₹15.00 lakh, up from ₹0.00 lakh in Q4FY25. For the year ended March 31, 2026, total income decreased to ₹15.00 lakh from ₹2.00 lakh in the previous year, primarily due to a drop in other income from ₹2.00 lakh to ₹0.00 lakh. Total expenses for the quarter rose to ₹2.20 lakh from ₹0.72 lakh in the preceding quarter ended December 31, 2025. For the full year, total expenses increased to ₹27.86 lakh from ₹22.84 lakh in FY25.

The company reported a basic and diluted earnings per share (EPS) of ₹0.09 for Q4FY26, compared to a negative EPS of ₹(0.06) in the same period last year. Cash and cash equivalents as of March 31, 2026, improved to ₹4.44 lakh from ₹0.47 lakh in the previous year.

Audit and Governance

The Statutory Auditors, M/s. B. M. Gattani & Co., Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results for FY26. The report confirms that the results give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the board appointed M/s. Akash Prajapati and Company, Chartered Accountants, as the internal auditors for the financial years 2025-26 and 2026-27. The appointment was based on the recommendation of the Audit Committee.

Key Financial Metrics