Modi Naturals Limited , a prominent player in the edible oils industry, has made significant announcements regarding its leadership and upcoming annual general meeting. The company's Board of Directors convened on September 5, 2025, to approve several important decisions that will shape its future governance and operations.

51st Annual General Meeting Scheduled

The Board has set the date for Modi Naturals' 51st Annual General Meeting (AGM) for September 30, 2025. In line with contemporary practices, the AGM will be conducted via video conferencing, allowing shareholders to participate remotely. The meeting is scheduled to commence at 2:30 PM IST.

Key Executive Re-appointments

In a move that signals continuity in leadership, the Board has approved the re-appointment of three key executives, each for a term of three years, subject to shareholder approval at the upcoming AGM:

1. Anil Modi - Re-appointed as Chairman cum Managing Director, effective January 1, 2026. Mr. Modi, aged 68, is one of the founding members of Modi Naturals Limited and brings over four decades of invaluable experience to the company. He is responsible for the general conduct and management of the company's affairs.

2. Akshay Modi - Re-appointed as Joint Managing Director, effective December 15, 2025. At 40 years old, Mr. Akshay Modi is recognized as a young, dynamic leader who has been instrumental in launching several successful edible oil brands. He has been associated with the company since 2008 and oversees operations, management, marketing, and strategic planning.

3. Aditi Gupta - Re-appointed as Whole Time Director, effective August 13, 2025. Mrs. Gupta, aged 39, brings 15 years of corporate experience in Investment Banking, Finance, and Business Management & Planning to her role.

Auditor Appointments

The Board also made decisions regarding various auditor positions:

These appointments underscore Modi Naturals' commitment to maintaining robust financial oversight and corporate governance practices.

The re-appointment of key executives and the scheduling of the AGM reflect Modi Naturals' focus on stability and shareholder engagement. As the company moves forward, these decisions are likely to play a crucial role in shaping its strategic direction and operational efficiency in the competitive edible oils market.

Modi Naturals Limited , a leading player in the edible oils and food products sector, has reported a 5% year-on-year growth in consolidated revenue for the quarter ended June 30. The company's financial results, coupled with strategic appointments and product launches, reflect its continued focus on expansion and operational excellence.

Financial Highlights

Modi Naturals achieved consolidated revenue of Rs 155.00 crore, up from Rs 147.70 crore in the same period last year. The company's EBITDA saw a significant increase of 33.1%, reaching Rs 17.70 crore. Profit after tax (PAT) grew by 40.6% to Rs 10.50 crore, demonstrating improved profitability.

The company's EBITDA margin improved to 11.4%, up from 9.0% in the same quarter of the previous year, indicating enhanced operational efficiency.

Business Segment Performance

Consumer Division

The Consumer Division witnessed healthy growth in edible oils and strong traction in quick-commerce for pasta products. The company launched Hing (asafoetida) under the Oleev Kitchen brand, marking its entry into the spices category. Additionally, Modi Naturals listed eight products under the CSD (Canteen Stores Department) network, receiving an encouraging response.

Bulk Division

The Bulk Division showed improvement, achieving a positive EBITDA of Rs 0.80 crore, compared to a loss of Rs 1.20 crore in the same period last year. This turnaround was attributed to a strategic shift to a leaner inventory model.

Ethanol Division

The Ethanol business continued to scale up, with EBITDA margins improving to 17.1% from 12.1%. The improvement was supported by lower grain prices, improved raw material availability, and better realizations from by-products.

Strategic Initiatives

Modi Naturals invested Rs 3.90 crore in marketing initiatives to strengthen brand visibility. The company also implemented a new ERP system during the quarter, which is expected to enable more robust tracking of operations and enhance decision-making capabilities across verticals.

New Appointment

The Board of Directors appointed Mr. Pradeep Kapoor as Chief Financial Officer, effective August 13. Mr. Kapoor brings over 25 years of experience in finance and accounts, with expertise in manufacturing, financial management, and corporate strategy.

Future Outlook

The company is progressing with its Phase 2 ethanol capacity expansion of 180 KLPD, with trial production targeted for Q3. This expansion is expected to further boost the company's ethanol business performance.

Commenting on the results, Mr. Akshay Modi, Joint Managing Director of Modi Naturals, said, "We are pleased to report a resilient performance for Q1. Our strategic initiatives across business divisions are yielding tangible results. With strong execution and an unwavering focus, we reiterate our commitment to achieving the guidance."

Modi Naturals Limited continues to focus on diversifying its product portfolio, enhancing operational efficiency, and expanding its market presence in the FMCG sector.