AGM Details

The 43rd Annual General Meeting will be held on Tuesday, September 29, 2026 at 11:00 A.M. (IST) through physical mode at Office No. P12, Silvio Heights, 4th Floor St. Inez, Panaji, Goa - 403001.

Agenda Items

Ordinary Business:

  • Item No. 01: Adoption of Audited Financial Statements for the year ended March 31, 2026 and Reports of Board of Directors and Auditors
  • Item No. 02: Re-appointment of Ms. Sakshi Jalan (DIN: 08719425) as Director retiring by rotation

Special Business:

  • Item No. 03: Approval of Related Party Transactions with Team24 Foods and Beverages Private Limited for aggregate amount not exceeding ₹1,20,00,000/- (Rupees One Crore Twenty Lakh Only) during financial year 2026-27

Voting Arrangements

Remote E-Voting:

  • Cut-off date: Tuesday, September 22, 2026
  • Voting period: Saturday, September 26, 2026 at 9:00 A.M. to Monday, September 28, 2026 at 5:00 P.M.
  • Service provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Agrawal Mundra & Associates, Practising Company Secretaries

Physical Voting:

  • Ballot paper voting available for members attending physically who haven't voted remotely
  • Proxy voting permitted with specific limitations

Related Party Transaction Details

Counterparty: Team24 Foods and Beverages Private Limited (Holding Company, Promoter Group entity)

Transaction Types:

  • Sale, purchase or supply of goods, materials or other products
  • Availing or rendering of services (technical, financial, consultancy)
  • Reimbursement of expenses
  • Acceptance/repayment of advances

Financial Limits: Maximum aggregate value of ₹120 lakh for FY 2026-27

Relationship Details:

  • Team24 Foods holds 72.54% of equity share capital of Team24 Consumer Products
  • Mr. Sachin R. Rane (Promoter and Non-Executive Director) and Mr. Manzoor ul Haque Butt (Managing Director) serve as directors of both companies

Historical Transactions:

  • Last financial year: Purchase from related party - ₹12.02 lakh
  • Current financial year (up to preceding quarter): ₹23.09 lakh

Financial Impact Assessment:

  • Represents approximately 77.94% of listed entity's annual turnover for immediately preceding financial year
  • Constitutes approximately 10% of Team24 Foods' annual standalone turnover (₹1014.40 lakh for FY ended March 31, 2025)

Director Information for Re-appointment

Ms. Sakshi Jalan (DIN: 08719425):

  • Age: 36 years
  • Qualification: Graduation in interior designing
  • Experience: 14 years
  • First appointment: March 26, 2025
  • Non-executive director drawing no remuneration
  • No shareholding in the company
  • Attended all board meetings during the year
  • No other directorships in listed companies

Document Availability

The Notice of 43rd AGM and Annual Report 2025-26 are available on company website (www.korefoods.in) and BSE website (www.bseindia.com), sent electronically to registered email addresses.

Special Instructions

  • Equity shares under compulsory DEMAT trading per SEBI circular dated May 29, 2000
  • Special window for re-lodgement of physical share transfer requests open until January 06, 2026 per SEBI Circular dated July 02, 2025