Swojas Foods Limited , a prominent player in the food industry, has recently witnessed a significant change in its promoter shareholding. Jyoti Khandelwal, a key promoter of the company, has reduced her stake in the firm through a substantial share sale.

Share Transaction Details

On September 9, 2025, Jyoti Khandelwal sold 325,209 equity shares of Swojas Foods Limited. This transaction has resulted in a notable reduction in her shareholding in the company:

Regulatory Compliance

The disclosure of this transaction was made in compliance with the Securities and Exchange Board of India (SEBI) regulations concerning substantial acquisition of shares and takeovers. This transparency ensures that all stakeholders are informed about significant changes in the ownership structure of the company.

Impact on Ownership Structure

The sale represents a decrease of 1.05 percentage points in Jyoti Khandelwal's ownership of Swojas Foods Limited. While she remains a substantial shareholder, this reduction could potentially impact the promoter group's overall control and influence on the company's decision-making processes.

Market Implications

Investors and market analysts often closely monitor such promoter transactions as they can sometimes signal insider perspectives on the company's future prospects. However, it's important to note that there can be various reasons for promoters to sell shares, including personal financial planning, portfolio diversification, or other strategic considerations.

Swojas Foods Limited shareholders and potential investors are advised to keep an eye on any further disclosures or statements from the company regarding this transaction and its potential implications for the business moving forward.

Swojas Foods Limited (formerly known as Swojas Energy Foods Limited) has announced several significant decisions following its Board of Directors meeting held on August 7, 2025. The company, listed on the Bombay Stock Exchange (BSE: 530217), has set forth plans for its upcoming Annual General Meeting (AGM) and made key appointments, while also proposing a substantial expansion of its business scope.

11th Annual General Meeting

The Board has scheduled the company's 11th Annual General Meeting for September 5, 2025, at 12:30 PM. In line with current corporate practices, the AGM will be conducted via video conferencing or other audio-visual means. The book closure dates have been set from August 30 to September 5, 2025 (both days inclusive), with August 29, 2025, established as the record date for e-voting purposes.

Key Appointments

Subject to shareholder approval at the upcoming AGM, the Board has made two significant appointments:

1. Statutory Auditors: M/s. V S S B & Associates, Chartered Accountants, Ahmedabad (FRN: 121356W), has been recommended for appointment as the company's statutory auditors for a five-year term. The firm, led by CA. (Dr.) Vishves A Shah, brings 23 years of experience in audit, accounts, and finance, with expertise across various business sectors.

2. Secretarial Auditor: Ms. Prity Bishwakarma, a Practising Company Secretary and proprietor of M/s. Prity Bishwakarma & Co., has been proposed as the secretarial auditor for a five-year term. Her firm, which has been peer-reviewed, specializes in secretarial and listing compliances for stock exchanges.

Expansion of Business Scope

In a move that signals a significant shift in the company's strategic direction, the Board has approved amendments to the main object clause of Swojas Foods' Memorandum of Association (MOA). These amendments, subject to shareholder approval, will substantially broaden the company's business scope across nine diverse areas:

1. Food processing and agricultural products
2. Pharmaceutical and chemical formulations
3. Real estate development and construction
4. Software and IT services
5. Education and training
6. Power generation and distribution
7. Printing and publishing
8. Waste management
9. Environmental remediation services

This expansion represents a dramatic diversification from Swojas Foods' traditional focus, potentially positioning the company to explore opportunities in multiple high-growth sectors.

Financial Reporting

The Board has also approved the Directors' Report for the financial year ended March 31, 2025, along with its annexures, including the Management Discussion and Analysis Report, Secretarial Audit Report, and Corporate Governance Report.

As Swojas Foods Limited prepares for these significant changes, shareholders and market watchers will be keenly observing how the company navigates its ambitious expansion plans while maintaining its core competencies in the food sector.

The 11th AGM on September 5, 2025, is expected to be a crucial event where shareholders will vote on these pivotal decisions that could shape the company's future trajectory.