Naturo Agrotech India Limited (formerly known as Naturo Indiabull Limited) has announced the appointment of Mr. Deepak Sangat as Additional Director in the category of Non-Executive Independent Director. The appointment was approved during the Board of Directors meeting held on December 11, 2025, at 11:30 AM at the company's registered office in Jaipur, Rajasthan.

Board Resolution Details

The appointment has been made pursuant to multiple regulatory provisions including Sections 149, 150, 152 read with Schedule IV and Section 161(1) of the Companies Act, 2013, along with the Companies (Appointment and Qualification of Directors) Rules, 2014. The decision also complies with Regulation 16(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Authorization

The appointment is based on the recommendation of the Nomination and Remuneration Committee and remains subject to approval by shareholders at the next general meeting. The Board resolution has authorized any existing director of the company to sign and file necessary E-Forms and documents with the Registrar of Companies, Ministry of Corporate Affairs.

Additionally, Miss Prachi Bansal, Company Secretary in whole-time practice, has been specifically authorized to sign E-Form DIR-12 for completing the regulatory formalities related to this appointment.

Company Information

Naturo Agrotech India Limited, formerly known as Naturo Indiabull Limited, operates from its registered office located at House No. M-43 and 44, Raghu Vihar, M Block, Shipra Path, Mansarovar, Jaipur, Rajasthan. The company's Corporate Identification Number (CIN) is L72900RJ2016PLC055890.

The resolution was digitally signed by Jyoti Choudhary, Director with DIN: 07927458, confirming the authenticity of the board decision and ensuring compliance with digital documentation requirements.

Naturo Agrotech India Limited , formerly known as Naturo Indiabull Limited, has reported a net loss of Rs 19.55 lakhs for the quarter ended September 30, 2025 (Q2 FY2026). The company's financial performance and regulatory compliance have raised significant concerns among investors and analysts.

Key Financial Highlights

• Revenue: The company reported zero revenue from operations in Q2 FY2026, compared to Rs 205.17 lakhs in the previous year.
• Net Loss: A net loss of Rs 19.55 lakhs was recorded for the quarter.

Regulatory and Compliance Issues

The company is facing several regulatory challenges:

1. Unauthorized Loans and Advances: Rs 5,522.07 lakhs in loans and advances granted without proper approvals, potentially violating Sections 185 and 186 of the Companies Act, 2013.
2. Questionable Borrowings: Rs 729.97 lakhs in borrowings that may be in contravention of Sections 73 to 76 of the Companies Act, 2013.
3. Outstanding Statutory Dues: Rs 10.88 lakhs in unpaid tax deducted at source (TDS) and tax collected at source (TCS).

Financial Position

Based on the latest available annual data (as of March 31, 2025):

Income Statement Overview

The company's financial performance shows a significant decline in revenue and profitability compared to the previous year. The negative EBITDA and net loss indicate operational challenges and financial stress.

Audit Concerns

The limited review report highlights several issues:

• Lack of proper documentation for loans, advances, and borrowings.
• Uncertainty about the existence and fair valuation of inventory (Rs 1065.08 lakhs as of September 30, 2025).
• Non-maintenance of proper accounting records with edit log features.
• Uncertainty regarding the recoverability of trade receivables amounting to Rs 1467.58 lakhs.

Conclusion

Naturo Agrotech India Limited is facing a challenging period with declining financial performance and multiple regulatory compliance issues. The company's ability to address these concerns and improve its financial position will be crucial for its future prospects. Investors and stakeholders should closely monitor the company's actions to resolve these issues and its plans for operational improvement.