Nagreeka Exports Limited , a recognized Star Trading House by the Government of India, has announced plans to significantly increase its authorized share capital. The company's Board of Directors has approved a proposal to raise the authorized share capital by ₹15 crore, subject to shareholder approval at an upcoming Extraordinary General Meeting (EGM).

Key Details of the Proposed Increase

The increase in authorized share capital will be achieved through the addition of 3,00,00,000 equity shares with a face value of ₹5 each, totaling ₹15 crore.

Extraordinary General Meeting

To seek shareholder approval for this corporate action, Nagreeka Exports has scheduled an Extraordinary General Meeting:

• Date: December 18, 2025
• Time: 12:30 PM
• Cut-off Date for Voting Eligibility: December 11, 2025

Shareholders on record as of the cut-off date will be entitled to cast their votes electronically at the EGM.

Implications and Next Steps

This proposed increase in authorized share capital could potentially pave the way for future equity fundraising activities, although the company has not disclosed specific plans for utilizing this expanded capital base. The move may indicate Nagreeka Exports' preparedness for potential growth opportunities or capital-intensive projects.

Shareholders and investors should note that this is a change in the authorized capital, which represents the maximum amount of share capital the company is allowed to issue. It does not immediately affect the company's issued share capital or market capitalization.

The final approval of this proposal at the upcoming EGM will be a crucial next step for Nagreeka Exports Limited. Investors and stakeholders are advised to monitor further announcements from the company regarding the outcome of the EGM and any subsequent corporate actions.

Note: The information in this article is based on the company's official announcement and is subject to shareholder approval at the upcoming Extraordinary General Meeting.

Nagreeka Exports Ltd , a prominent player in the textile industry, has announced significant changes to its senior management structure, effective October 1, 2025. The company's Board of Directors approved new strategic roles for three key executives, aiming to strengthen its leadership team and drive innovation across various departments.

Strategic Role Expansions

The company has expanded the roles of three senior management personnel:

1. Mr. Sanjay Kuber Jamadade: Currently serving as the Chief Executive Officer (CEO), Mr. Jamadade will take on an additional role in Strategic Innovation in Textile Technician. With over 30 years of experience in the textile industry, Mr. Jamadade brings deep technical expertise and a strong operational background to this new responsibility.

2. Mr. Vivek Khanna: The current President of Marketing will assume additional responsibilities for Strategic Marketing Initiatives. Mr. Khanna boasts over 35 years of experience in export marketing of yarn and textile products, holding a Diploma in Manmade Textile Technology from Sasmira and an MBA in Marketing.

3. Mr. Vijay Jajoo: Serving as the Deputy General Manager – Purchase, Mr. Jajoo will now oversee Strategic Purchase Initiatives. With 42 years of field experience, including 26 years with Nagreeka Exports, Mr. Jajoo brings valuable expertise to his expanded role. He holds a B.Com, LLB, and GDMM qualification.

Management Profiles

Board Meeting Outcomes

The Board of Directors convened on October 1, 2025, from 13:10 to 14:30 IST, to discuss and approve these management changes. The meeting also touched upon a potential rights issue for fund-raising. However, the board deferred detailed discussions on this matter to a future meeting, the date of which will be communicated in due course, in compliance with SEBI (LODR) Regulations, 2015.

These strategic role expansions reflect Nagreeka Exports' commitment to leveraging its experienced leadership team to drive growth, innovation, and operational excellence in the competitive textile industry landscape.