Vidhi Specialty Food Ingredients Limited concluded its 33rd Annual General Meeting on September 24, 2026, adopting the standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026.

The meeting, conducted through video conferencing from the company's registered office in Mumbai, saw the confirmation of payments for the first and second interim dividends declared for FY26. All directors and committee chairs attended the session, ensuring compliance with statutory requirements.

Resolutions and appointments

Shareholders voted on five key resolutions covering ordinary and special business. The agenda included the re-appointment of a retiring director and the appointment of a new independent director.

Governance and audit compliance

The company reported that both the Statutory Audit Report and the Secretarial Audit Report contained no qualifications or adverse remarks. Consequently, these reports were taken as read during the proceedings. The meeting was chaired by Bipin Madhavji Manek, Chairman and Managing Director.

Key attendees included representatives from the statutory, secretarial, and internal audit firms: Bhuta Shah & Co LLP, Hemanshu Kapadia & Associates, and Jayesh Kothari & Co., respectively. Hemanshu Kapadia served as the scrutinizer for the e-voting process.

Voting process

Remote e-voting was open from September 21 to September 23, 2026. An additional 15-minute window was provided for e-voting during the AGM itself. The company stated that voting results would be announced within two working days and submitted to stock exchanges in accordance with SEBI Listing Regulations.

Vidhi Specialty Food Ingredients has scheduled its 33rd Annual General Meeting for Thursday, September 24, 2026, at 3:30 pm via video conferencing. The meeting will address ordinary business, including the adoption of FY26 financial statements, and special business regarding board appointments.

The company filed its annual report for the financial year ending March 31, 2026, with the Bombay Stock Exchange and the National Stock Exchange on August 31, 2026. Anupam J Vyas, Company Secretary and Compliance Officer, signed the disclosure.

Board Appointments

Shareholders will vote on the re-appointment of Mrs. Pravina Bipin Manek (DIN 00416533), who retires by rotation. Additionally, the meeting will consider the appointment of Mr. Chetan Prabhudas Bavishi (DIN 01978410) as a Non-Executive Independent Director for a term of five years, commencing from August 11, 2026.

Mr. Bavishi brings over 30 years of experience across heavy industry, luxury goods, and non-profits. He holds 87,426 equity shares in the company, with his spouse holding an additional 1,16,595 shares. The Nomination and Remuneration Committee recommended his appointment based on his expertise in corporate governance and risk management.

Meeting Logistics

The AGM will be held through Video Conferencing or Other Audio-Visual Means, as permitted by Ministry of Corporate Affairs circulars. Members holding shares as on September 17, 2026, are eligible to vote. Remote e-voting will commence on Monday, September 21, 2026, at 9:00 am and end on Wednesday, September 23, 2026, at 5:00 pm.

Regulatory Compliance

The submission adheres to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The annual report is distributed electronically to members with registered email addresses. Shareholders without registered emails received a letter with a web link to access the report.

Dividend Claims

The notice reminds members that unclaimed dividends from FY2019-20 will be transferred to the Investor Education and Protection Fund (IEPF) during the current financial year. Details of unpaid dividends are available on the company’s website.