Omega Ag-Seeds (Punjab) Limited's board of directors approved a comprehensive business expansion strategy during their meeting held on January 20, 2026. The company is set to diversify its operations beyond traditional agricultural seeds into the growing Ayurvedic pharmaceutical market, marking a significant strategic shift for the organization.

Strategic Business Expansion

The board approved alterations to the Main Object Clause of the Memorandum of Association to enable the company to undertake trading in agricultural seeds and carry on the business of Ayurvedic pharmaceutical products. The amendments involve modifying existing Clause 2 and inserting a new Clause 3 in the Main Objects.

The new business scope encompasses manufacturing and trading of ayurvedic pharmaceuticals, medicines, drugs, biologicals, healthcare products, and dietary supplements. The company will also engage in contract manufacturing both in India and abroad, significantly expanding its operational footprint.

Corporate Governance Enhancement

The board recommended the appointment of Mrs. Rekha Rani Naraniwal (DIN: 08467886) as a Non-Executive Independent Director for a five-year term from January 20, 2026, to January 31, 2031. Her appointment brings valuable expertise to the company's leadership structure.

Mrs. Naraniwal holds a Bachelor of Business Administration, Master of Commerce degrees, and is a qualified Company Secretary. Her extensive experience in secretarial, legal, listing, and allied matters, along with expertise in stakeholder communications and corporate governance practices, will strengthen the company's regulatory compliance framework.

Regulatory Compliance Updates

The board approved the alteration and adoption of new Articles of Association to align with the Companies Act, 2013. The existing Articles were based on the Companies Act, 1956, and required comprehensive updates to ensure compliance with current regulatory requirements.

Postal Ballot Process

To ensure transparent shareholder participation, the board approved a postal ballot notice for seeking shareholder approval on all proposed matters. M/s Kashinath Sahu & Co., Practicing Company Secretaries (Firm No. 4807), have been appointed as scrutinizers to conduct the postal ballot process in a fair and transparent manner.

Strategic Decision Reversal

In a notable development, the board approved the rescindment of the resolution relating to the increase in Authorised Share Capital up to ₹60.00 crores. This resolution was previously approved by the Board on September 02, 2025, and by shareholders at the 33rd Annual General Meeting held on September 27, 2025.

The board meeting, which commenced at 11:30 AM and concluded at 12:10 PM, represents a pivotal moment in the company's strategic evolution as it seeks to capitalize on opportunities in both agricultural and pharmaceutical sectors while strengthening its corporate governance framework.

Omega Ag-Seeds (Punjab) Limited , a prominent player in the agricultural sector, has announced a crucial Board of Directors meeting scheduled for September 2, 2025. The meeting, set to commence at 3:00 P.M., will address several significant matters that could potentially reshape the company's future.

Proposed Merger

One of the primary agenda items is the consideration and potential approval of a merger proposal between Omega Ag-Seeds (Punjab) Limited and Somani Herbs and Agro Products (India) Private Limited. This strategic move could potentially combine the strengths of both companies, possibly leading to enhanced market presence and operational synergies in the agro-products sector.

Capital Structure and Corporate Governance

The board will also deliberate on increasing the company's authorized share capital, a move that could pave the way for future growth and expansion opportunities. Additionally, the meeting will review and potentially approve the notice and directors' report for the upcoming 33rd Annual General Meeting (AGM), along with the annual report for the Financial Year 2024-25.

Annual General Meeting Preparations

Key decisions regarding the AGM are expected to be made during this board meeting. These include:

• Determining the date, time, and venue for the 33rd AGM
• Fixing cut-off dates for e-voting
• Appointing a scrutinizer and e-voting agency
• Establishing other necessary authorizations for the AGM

Appointments and Audits

The board will consider the appointment of secretarial auditors for a term of five consecutive financial years, starting from 2025-26. This move underscores the company's commitment to maintaining robust corporate governance practices.

Furthermore, the appointment of Nikitha Sarda as a Non-Executive Independent Director is on the agenda, potentially bringing fresh perspectives to the company's leadership.

Investor Information

Omega Ag-Seeds (Punjab) Limited has its registered office at Sy. No. 115, Brig Sayeed, Hanumanji Colony, Bowenpally, Picket, Hyderabad – 500009. The company's CIN is L01119TG1992PLC082816.

Investors and stakeholders are advised to keep a close watch on further announcements as the outcomes of this pivotal board meeting could significantly impact the company's future direction and performance.