Regulation 44 of SEBI (LODR) Regulations, 2015

Krishival Foods Limited

Meeting Details

  • Date of Meeting: Monday, September 28, 2026
  • Time of Meeting: 04:00 P.M.
  • Location/Format: Conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM)
  • Type of Meeting: 12th Annual General Meeting

Summary of Proposed Resolutions and Voting Outcomes

All nine resolutions proposed in the AGM notice were approved by shareholders with requisite majority. The voting was conducted exclusively through e-voting, with no physical polling conducted.

Voting Process and Methods

  • Voting Method: E-voting only (no physical polling)
  • E-voting Period: Friday, September 25, 2026 at 10:00 a.m. to Sunday, September 27, 2026 at 5:00 p.m.
  • Cut-off Date: Monday, September 21, 2026 (shareholders as on this date were entitled to vote)
  • Scrutinizer: NVB and Associates, Practicing Company Secretaries
  • E-voting Provider: CDSL (Central Depository Services Limited)
  • Vote Unblocking: Electronic votes were unblocked in the presence of two witnesses not employed by the company

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Ordinary Resolution to adopt Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026
  • Total Votes in Favor: 44 (100% of valid votes cast)
  • Total Votes Against: 0 (0%)
  • Invalid Votes: 0 (0%)

Resolution 2: Declaration of Final Dividend

  • Ordinary Resolution to declare final dividend of ₹0.35 per equity share (face value ₹10)
  • Total Votes in Favor: 43 (99.98% of valid votes cast)
  • Total Votes Against: 1 (0.02%)
  • Invalid Votes: 0 (0%)

Resolution 3: Appointment of Statutory Auditors

  • Special Resolution for appointment of statutory auditors
  • Total Votes in Favor: 44 (100% of valid votes cast)
  • Total Votes Against: 0 (0%)
  • Invalid Votes: 0 (0%)

Resolution 4: Re-appointment of Mr. Shailesh Kumar Jain (DIN: 08531336)

  • Special Resolution for re-appointment as Non-Executive Independent Director for second consecutive term
  • Total Votes in Favor: 44 (100% of valid votes cast)
  • Total Votes Against: 0 (0%)
  • Invalid Votes: 0 (0%)

Resolution 5: Re-appointment of Mr. Kulbhushan Neeraj Taandon (DIN: 08747380)

  • Special Resolution for re-appointment as Non-Executive Independent Director for second consecutive term
  • Total Votes in Favor: 44 (100% of valid votes cast)
  • Total Votes Against: 0 (0%)
  • Invalid Votes: 0 (0%)

Resolution 6: Re-appointment of Mr. Sunil Kumar Agarwal (DIN: 08676321)

  • Special Resolution for re-appointment as Non-Executive Independent Director for second consecutive term
  • Total Votes in Favor: 44 (100% of valid votes cast)
  • Total Votes Against: 0 (0%)
  • Invalid Votes: 0 (0%)

Resolution 7: Approval for Additional Loan to Melt 'N' Mellow Foods Private Limited

  • Special Resolution for additional loan to subsidiary company
  • Total Votes in Favor: 41 (100% of valid votes cast)
  • Total Votes Against: 0 (0%)
  • Invalid Votes: 0 (0%)
  • Note: Promoter votes not considered as agenda pertained to related party transaction

Resolution 8: Approval for Corporate Guarantee to Melt 'N' Mellow Foods Private Limited

  • Special Resolution for corporate guarantee to subsidiary company
  • Total Votes in Favor: 41 (100% of valid votes cast)
  • Total Votes Against: 0 (0%)
  • Invalid Votes: 0 (0%)
  • Note: Promoter votes not considered as agenda pertained to related party transaction

Resolution 9: Approval of Related Party Transaction

  • Special Resolution for approval of related party transaction
  • Total Votes in Favor: 41 (100% of valid votes cast)
  • Total Votes Against: 0 (0%)
  • Invalid Votes: 0 (0%)
  • Note: Promoter votes not considered as agenda pertained to related party transaction

Scrutinizer's Role and Findings

NVB and Associates were appointed as scrutinizers for the e-voting process. Their responsibilities included:

  • Recording all e-voting particulars
  • Unblocking electronic votes in the presence of two independent witnesses
  • Reconciling e-voting with records maintained by Registrar and Transfer Agents
  • Scrutinizing and matching e-voting results with shareholding/beneficiary lists
  • Verifying votes cast for and against each resolution
  • Excluding invalid votes from the final count
  • Generating lists of shareholders who voted "FOR", "AGAINST", and those with invalid votes
  • Handing over all relevant papers to the Chairperson for safekeeping

Compliance with Regulations

The document confirms compliance with:

  • Section 109 of the Companies Act, 2013
  • Rule 20(4)(xii) & 21(2) of the Companies (Management and Administration) Rules, 2014
  • SEBI Listing Obligations and Disclosure Requirements

Additional Information

The scrutinizer report will be made available on the company's website at www.krishival.com. All resolutions were approved with overwhelming majority, indicating strong shareholder support for management proposals.