Milkfood Limited has issued notice for its 53rd Annual General Meeting (AGM) scheduled to be held on Thursday, 24th September 2026 at 9:00 AM at the company's registered office at P.O. Bahadurgarh, District Patiala, Punjab-147021.
Ordinary Business
1. To receive, consider and adopt the audited financial statements of the Company for the financial year ended 31st March 2026 together with the Reports of the Board of Directors and Auditors thereon.
2. To appoint a Director in place of Mr. Harmesh Mohan Sood (DIN: 07951620), Non-Executive Non-Independent Director, who retires by rotation at this AGM and, being eligible, offers himself for re-appointment. This requires a special resolution pursuant to Section 152 of the Companies Act, 2013 and Regulation 17(1A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Special Business
3. To ratify the remuneration payable to the Cost Auditors for the financial year 2026-27. The Board has approved remuneration of Rs. 1,00,000/- (Rupees One Lakh only) plus GST and reimbursement of out-of-pocket expenses payable to M/s HMVN & Associates, Cost Accountants (Firm Registration No. 000290) for conducting the audit of cost records maintained by the Company pertaining to milk powder.
Director Information
Mr. Harmesh Mohan Sood (DIN: 07951620) is 78 years old, holds 35,080 equity shares of Rs. 5/- each, and has been a director since 29th September 2017. He holds directorships in Anyboli Labs Pvt. Ltd. and Devyani Constructions Pvt. Ltd. His continuation as director beyond age 75 requires special resolution approval as per SEBI LODR Regulation 17(1A).
Record Date and Share Transfer
The Register of Members and Share Transfer Books will remain closed from 17th September 2026 to 24th September 2026 (both days inclusive). The cut-off date for determining shareholders entitled to vote is 17th September 2026.
E-Voting Arrangements
Remote e-voting will be available through CDSL from 21st September 2026 at 9:00 AM to 23rd September 2026 at 5:00 PM. Shareholders can vote electronically at www.evotingindia.com. Ms. Kamlesh Gupta, Practicing Company Secretary, has been appointed as Scrutinizer to oversee the voting process.
Shareholder Information
Members are reminded to update their contact details, register nominations, and dematerialize physical shares. The company will not distribute gifts or gift coupons at the AGM as per Secretarial Standard-2. Dividend unclaimed for seven years will be transferred to the Investor Education and Protection Fund (IEPF).