Nitta Gelatin India Limited submitted a correction to the proceedings of its 50th Annual General Meeting (AGM) originally filed on July 31, 2026. The correction specifically addresses a typographical error in the quorum count, which was incorrectly mentioned as 54 instead of the actual 55 shareholders present.

The company confirmed that except for this quorum correction, there are no other changes to the contents of the AGM proceedings previously submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

AGM Details

The 50th Annual General Meeting was held on Friday, July 31, 2026, at 10:30 AM through Video Conferencing (VC) in accordance with various Circulars issued by the Ministry of Corporate Affairs (MCA).

Meeting Leadership and Attendance

Mr. A P M Mohammed Hanish IAS served as the Chairman of the meeting. The following Directors attended:

  • Mr. Hidehito Jay Araki (Independent Director)
  • Mr. E. Nandakumar (Independent Director)
  • Dr. Justice (Retd.) M. Jaichandren (Independent Director)
  • Mrs. Shirley Thomas (Independent Director)
  • Dr. M. K Chandrasekharan Nair (Independent Director)
  • Dr. Balu Paulose Maliakel (Independent Director)
  • Mr. Praveen Venkataramanan (Managing Director)
  • Mr. Sajiv K. Menon (Non-Executive Non-Independent Director)
  • Mr. Kazuya Hayashi (Non-Executive Nominee Director)

Leave of absence was granted to Mr. Hidenori Takemiya, Mr. Arun K. Vijayan IAS, and Mr. V Ranganathan due to unavoidable commitments. Mr. V. Ranganathan, Chairman of the Audit Committee, authorized Mrs. Shirley Thomas to attend on his behalf and respond to Audit Committee-related queries.

Other attendees included representatives of the Statutory Auditors, Secretarial Auditors, Chief Operating Officer Mr. Eldhose P Kauma, CFO Mr. Uppiliyappan C., and Company Secretary Mr. Vinod Mohan. Mr. Abhilash Nediayalil Abraham, Practising Company Secretary, served as the Scrutiniser.

Business Transacted

The following items of business were transacted as per the Notice dated May 25, 2026:

Ordinary Business:

1. Adoption of Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026, together with Reports of the Board of Directors and Auditors

2. Declaration of Dividend on Redeemable Preference Shares – 44,44,444 Shares of ₹10 each @ 7.65063% p.a., absorbing ₹34,00,280

3. Declaration of dividend on Equity Shares

4. Re-appointment of Mr. Hidenori Takemiya (DIN: 08249254) who retires by rotation

Special Business:

5. Appointment of Dr. Balu Paulose Maliakel (DIN: 00231698) as Independent Director (Special Resolution)

6. Re-Appointment of Mr. V Ranganathan (DIN: 00550121) as Independent Director (Special Resolution)

7. Approval for entering into Related Party Transactions by the Company (Ordinary Resolution)

Meeting Proceedings

The Chairman addressed members with a brief speech and noted that the Notice, Financial Statements, and Reports were taken as read. Opportunity was provided to shareholders who requested to speak, with the Managing Director responding to queries.

Remote e-voting remained open for 15 minutes after meeting closure. The meeting commenced at 10:30 AM and concluded at 11:45 AM with 55 shareholders present through VC.