Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Outcome of Board Meeting
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
- Dividend declared with record date set for Monday, September 21, 2026
- Register of Members and Share Transfer Books will remain closed from Tuesday, September 22, 2026 to Thursday, September 24, 2026 (both days inclusive) for dividend and AGM purposes
- Board decided not to proceed with proposed acquisition of additional equity shares of Melt 'N' Mellow Foods Private Limited
- Approved partial utilization of Rights Issue proceeds by providing additional loan of Rs. 25 crore to Melt 'N' Mellow Foods Private Limited for ice cream division
- Funds to be utilized for strengthening cold chain through deployment of 10,000 additional deep freezers
- Additional loan of Rs. 10 crores approved subject to member approval for future working capital requirements
Other Significant Information:
- Taking on long-term lease of land situated at MIDC adjacent to existing factory, subject to documentation and approvals
- Melt 'N' Mellow Foods Private Limited turnover details:
- 2025-26: Rs. 90,22,03,793
- 2024-25: Rs. 49,93,63,931
- 2023-24: Rs. 37,28,05,408
- Loan interest rate: 12%
- Loan tenure: Amount to be converted into equity shares in one or more tranches at future date
- Transaction qualifies as related party transaction as Ms. Aparna Bangar, Promoter Director of the Company, is also Director and Shareholder in the subsidiary company