SER Industries Limited has announced a comprehensive board meeting scheduled for Wednesday, December 24, 2025, to address multiple strategic corporate matters including key leadership appointments and capital restructuring initiatives.

Key Leadership Appointments

The board will consider several important appointments as recommended by the Nomination and Remuneration Committee:

All appointments are subject to shareholder approval and will include execution of necessary agreements with regulatory authorities.

Corporate Governance and Compliance Matters

The board will address fundamental corporate governance updates, including adoption of new Memorandum of Association (MOA) and Articles of Association (AOA) in conformity with the Companies Act, 2013, and related rules. The meeting will also reconsider the increase in authorized share capital previously approved in the board meeting held on November 7, 2025, along with consequential amendments to the capital clause.

Financial Authorizations and Capital Structure

Several significant financial matters will be evaluated during the meeting:

Section 180 Proposals

• Borrowing powers authorization
• Creation of charges
• Recommendations to shareholders where necessary

Section 186 Considerations

• Granting of loans and guarantees
• Security provisions
• Investment proposals exceeding prescribed limits
• Enabling resolutions and required authorizations

Equity Issuance and Fundraising

The board will evaluate proposals for equity shares or eligible securities issuance through preferential allotment on private placement basis or other permissible modes. This initiative is subject to regulatory and statutory approvals, including member approval, with ancillary actions as required.

Extraordinary General Meeting

The board will consider and approve the notice for an Extraordinary General Meeting (EGM) of company members to seek necessary shareholder approvals for the proposed matters.

Trading Window Closure

In compliance with regulatory requirements, the trading window for dealing in company securities has been closed for all Designated Persons and their immediate relatives from December 16, 2025. The window will reopen 48 hours after the board meeting outcome is published, unless closed for other purposes.

The meeting agenda also includes provisions for transacting other business with the Chairperson's permission, covering matters incidental, ancillary, or consequential to the listed items.

SER Industries Limited has announced a series of significant corporate changes, including a proposed name change and major restructuring initiatives, alongside its financial results for the quarter ended September 30, 2025.

Corporate Restructuring

• The Board has approved a proposal to change the company's name to Desi Farms India Limited, subject to regulatory and shareholder approvals.
• The authorized share capital is set to increase from Rs. 6.00 crores to Rs. 55.00 crores, divided into 5.5 crore equity shares of Rs. 10 each.
• The company plans to add dairy products business to its main object clause, covering processing and dealing in milk, ghee, cheese, butter, yogurt, and related items.
• A relocation of the registered office from Karnataka to Maharashtra has been approved.
• The Board has reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.

Financial Performance

For the quarter ended September 30, 2025:

Previous Financial Results

The company had previously reported results for the first half of fiscal year 2026:

Outlook

The contrast between the first-half performance and the recent quarterly results suggests volatility in SER Industries' operations. The proposed name change to Desi Farms India Limited and the addition of dairy products to its business objectives indicate a potential shift in the company's strategic direction.

Investors and stakeholders may be interested in how these corporate changes and the fluctuating financial performance could impact the company's future growth and stability. It is advisable to monitor future announcements and financial reports for a clearer picture of the company's trajectory.