Nagreeka Exports Authorized Capital Increase Approved with 99.93% Shareholder Support

Nagreeka Exports Limited , a recognized Star Trading House by the Government of India, has successfully obtained overwhelming shareholder approval for its proposed increase in authorized share capital. At the Extraordinary General Meeting (EGM) held on December 18, 2025, the resolution received exceptional support with 99.93% votes in favor.

EGM Voting Results and Compliance

The company has disclosed detailed voting results under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer report, prepared by CA Naveen Bardia (Membership No. 309451), confirmed the transparent conduct of the voting process through both remote e-voting and voting during the EGM.

Voting Details	Information
Meeting Date	December 18, 2025
Total Shareholders (Book Closure)	12,377
Scrutinizer	CA Naveen Bardia
Remote E-voting Period	December 15-17, 2025

Comprehensive Voting Breakdown

The resolution to increase authorized share capital and consequent alteration in the capital clause of the Memorandum of Association received substantial support across all shareholder categories:

Voting Results	Remote E-Voting	EGM Voting	Total	Percentage
Votes in Favor	42,21,27,600	14	42,21,27,614	99.93%
Votes Against	16,420	0	16,420	0.07%
Total Valid Votes	42,21,44,020	14	42,21,44,034	100.00%

Authorized Share Capital Structure

The approved increase will expand the company's capital framework significantly from ₹35 crore to ₹50 crore:

Capital Structure	Current	Approved
Authorized Share Capital	₹35.00 crore	₹50.00 crore
Equity Shares (Face Value ₹5)	6,40,00,000	9,40,00,000
Preference Shares (Face Value ₹10)	30,00,000	30,00,000
Additional Equity Shares	-	3,00,00,000

Regulatory Process and Next Steps

Following the successful shareholder approval, Nagreeka Exports is proceeding with mandatory regulatory formalities. The company is filing the necessary application with the Registrar of Companies for increasing the authorized share capital and consequent alteration in the capital clause of the Memorandum of Association.

The voting process was conducted through National Securities Depositories Limited (NSDL) e-voting platform, ensuring transparency and compliance with regulatory requirements. The scrutinizer report confirms that all voting procedures were conducted in a fair and transparent manner.

Market Communication and Compliance

The company has duly informed both BSE (Scrip Code: 521109) and NSE about the EGM outcome and detailed voting results through official regulatory channels. This comprehensive disclosure ensures full compliance with listing obligations and maintains transparency with all stakeholders regarding the corporate action.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.04%	+1.25%	-1.77%	-7.30%	-27.67%	+162.14%

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:

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.
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.
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

Executive	Current Role	Additional Responsibility	Experience
Sanjay Kuber Jamadade	CEO	Strategic Innovation in Textile Technician	30+ years in textile industry
Vivek Khanna	President Marketing	Strategic Marketing Initiatives	35+ years in export marketing
Vijay Jajoo	Deputy GM - Purchase	Strategic Purchase Initiatives	42 years field experience, 26 years with company

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.