NTC Industries Limited has issued a postal ballot notice to shareholders seeking approval for a significant business expansion into the food sector. The company dispatched the notice on January 5, 2026, to shareholders whose names appear in the records as of the cut-off date of December 26, 2025.

Proposed Business Diversification

The company seeks to alter its Memorandum of Association by adding a comprehensive food business object clause. The proposed addition would enable NTC Industries to engage in various food-related activities including manufacturing, processing, trading, and distribution operations.

The new object clause encompasses a wide range of food business activities:

• Manufacturing, processing, and production of food products
• Trading, importing, and exporting food articles
• Distribution and wholesale operations
• Processing of ready-to-eat and ready-to-cook foods
• Handling of agricultural produce, cereals, pulses, and spices
• Operations in bakery products, confectionery, and dairy items

E-Voting Process and Timeline

The company has appointed National Securities Depository Limited (NSDL) as the e-voting service provider. Shareholders can cast their votes electronically during the specified period.

Regulatory Compliance and Rationale

The proposed alteration requires approval through postal ballot as mandated under Section 110 of the Companies Act, 2013, and Rule 22 of the Companies (Management and Administration) Rules, 2014. As a listed entity, the company must obtain shareholder approval through special resolution via postal ballot and e-voting.

The Board of Directors, in their meeting held on January 1, 2026, considered the expansion appropriate given the increasing demand and potential in the food processing sector. The company stated that the proposed alteration would enable exploration of new business avenues, enhance operational flexibility, and support long-term growth.

Shareholder Information and Access

The postal ballot notice is being sent exclusively through electronic mode to shareholders whose email addresses are registered with the company or depositories. Physical copies are not being dispatched in compliance with MCA circulars.

Shareholders can access the complete postal ballot notice on:

• Company website: www.ntcind.com
• BSE website: www.bseindia.com
• Calcutta Stock Exchange website: www.cse-india.com
• NSDL e-voting portal: www.evoting.nsdl.com

The company has confirmed that none of the directors or key managerial personnel have any financial interest in the proposed resolution. Voting rights will be proportionate to shareholding in the paid-up equity share capital as of the cut-off date.

NTC Industries Limited , a prominent player in the FMCG-Cigarettes sector, has announced a robust financial performance for the quarter ended September 30, 2025. The company's unaudited financial results, approved by the board of directors, reveal significant growth in both revenue and profitability.

Key Financial Highlights

Performance Analysis

NTC Industries has demonstrated a remarkable year-over-year growth in its net profit, which increased by 30.35% from ₹421.00 lakhs in Q2 2024 to ₹548.77 lakhs in Q2 2025. This substantial improvement in profitability is attributed to enhanced performance across two key segments:

1. FMCG-Cigarettes
2. Rental Income

The company's total revenue for the quarter stood at ₹2,684.41 lakhs, reflecting a strong market presence and operational efficiency.

Investment Commitment

In addition to its operational performance, NTC Industries continues to demonstrate its commitment to growth and expansion. The company reported ongoing investments in optionally convertible debentures worth ₹1 crore during the period, signaling confidence in future opportunities and strategic financial management.

Corporate Governance

As per the LODR (Listing Obligations and Disclosure Requirements) data, NTC Industries Limited held a board meeting on November 14, 2025, to approve these unaudited financial results. The meeting, which commenced at 3:00 p.m. and concluded at 3:30 p.m., adhered to regulatory requirements, including Regulation 30 and 33 of SEBI's Listing Regulations.

The approved results include both standalone and consolidated financials for the quarter and half-year ended September 30, 2025. These results were accompanied by a Limited Review Report issued by the company's statutory auditors, ensuring transparency and compliance with financial reporting standards.

NTC Industries Limited continues to maintain its ISO 9001-2015 certification, underlining its commitment to quality management systems.

As the company navigates through a competitive market landscape, its ability to drive growth in core segments while maintaining a focus on strategic investments positions it well for sustained performance in the coming quarters.