Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
The Board approved the following corporate actions:
1. Director Appointment: Approved appointment of Dr. Rohini Tiwari (DIN:11924749) as Additional Director in the category of Non-Executive Independent Director with effect from September 04, 2026 to September 03, 2031 for a period of 5 consecutive years, subject to member approval.
2. Subsidiary Capital Infusions: Approved increase in share capital of wholly-owned subsidiaries:
- Manorama Savanna Ghana Limited, Ghana: Up to ₹20,00,00,000/- (Twenty Crore)
- Manorama Savanna Limited, Nigeria: Up to ₹10,00,00,000/- (Ten Crore)
- Manorama Burkina SARL, Burkina Faso: Up to ₹15,00,00,000/- (Fifteen Crore)
- Manorama Savannah Agro Chad Sarl, Republic of Chad: Up to ₹10,00,00,000/- (Ten Crore)
- Manorama Latin America LTDA, Brazil: Up to ₹15,00,00,000/- (Fifteen Crore)
- Manorama Mena Trading LLC, UAE: Up to ₹5,00,00,000/- (Five Crore)
Total approved capital infusion: ₹75 crore across all subsidiaries
3. Postal Ballot Process:
- Cut-off date for sending Postal Ballot Notice: September 11, 2026
- Appointment of M/s Mehta & Mehta, Company Secretaries as Scrutinizers
- Appointment of MUFG Intime India Private Limited for e-voting facility platform
- Postal Ballot Notice for seeking member consent for director appointment
Other Significant Information:
Subsidiary Details:
Manorama Savanna Ghana Limited:
- Incorporated: November 06, 2024
- Initial capital: GHC 80 lakh
- FY 2025-26 turnover: Approximately ₹160 crore
- Business: Trading activities
- Purpose: Working capital requirements and general corporate purposes
Manorama Savanna Limited, Nigeria:
- Incorporated: July 25, 2024
- Initial capital: NAIRA 10 Crore
- FY 2024-25 turnover: Approximately ₹14.00 crore
- FY 2025-26 turnover: Approximately ₹5.71 crore
- Business: Trading activities
Manorama Burkina SARL, Burkina Faso:
- Incorporated: October 18, 2024
- Initial capital: CFA 20,00,000
- Turnover: NIL (recently incorporated)
- Business: Trading activities
Manorama Savannah Agro Chad Sarl, Republic of Chad:
- Incorporated: July 20, 2026
- Initial capital: CFA 1,00,00,000
- Turnover: NIL (recently incorporated)
- Business: Trading activities
Manorama Latin America LTDA, Brazil:
- Incorporated: March 25, 2025
- Initial capital: BRL 60 lakh
- FY 2025-26 turnover: Approximately ₹2.24 crore
- Business: Trading activities
Manorama Mena Trading LLC, UAE:
- Incorporated: July 22, 2024
- Initial capital: AED 1,00,000
- Turnover: NIL (recently incorporated)
- Business: Trading activities
Director Profile:
Dr. Rohini Tiwari holds a Ph.D. in Food Science & Nutrition with extensive experience in food technology, food safety, quality assurance, clinical nutrition, research and academia. She has worked with Hindustan Coca-Cola Beverages Pvt. Ltd., Ganga Hospital and Dr. Reddy's Laboratories, and has served as Visiting Faculty at several reputed institutions.
Implementation Timeline:
The Company intends to complete the capital infusion transactions in a calibrated and phased manner as and when required, aligned with business milestones and actual funding needs.