Naturite Agro Approves ₹2600 Lakh Rights Issue

1. Fundraising via Rights Issue

The Board approved raising funds through issuance of equity shares on a rights issue basis.
Equity shares have a face value of ₹5 each.
Aggregate amount not exceeding ₹2600 Lakhs (Rupees Twenty Six Hundred Lakhs).
The rights issue will be offered to eligible equity shareholders as on a record date to be notified subsequently.
The issuance is subject to receipt of applicable regulatory and statutory approvals.
The offering will comply with:
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Companies Act, 2013 and related rules

2. Constitution of Rights Issue Committee

A Rights Issue Committee was formed to decide on matters relating to the rights issue.
Committee composition:
Mr. Vallabh Reddy Gaddam - Chairman & Managing Director (Chairperson)
Mrs. Thejasri Kancharla - Whole-time Director (Member)
Mr. Venkata Srinivasan Kodakalla - Independent Director (Member)

3. Committee Authorization

The Rights Issue Committee is authorized to appoint various intermediaries for the rights issue.
The committee can perform all necessary acts, deeds, things, and matters required for the rights issue in its absolute discretion.

Detailed terms of the rights issue will be specified in a letter of offer to be sent to eligible shareholders.
The disclosure complies with Regulation 30 read with Schedule III of Listing Regulations and SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
The Board meeting commenced at 06:30 PM and concluded at 08:30 PM on October 12, 2026.