AGM Details

The 7th Annual General Meeting is scheduled for Saturday, 26th September 2026 at 12:30 PM (IST) through Video Conferencing/Other Audio-Visual Means. The meeting will consider:

Ordinary Business:

  • Item 1: Adoption of audited standalone and consolidated financial statements for FY ended 31st March 2026
  • Item 2: Re-appointment of Mr. Mohammed Sadiq (DIN: 08612733) who retires by rotation

Special Business:

  • Item 3: Appointment of Mrs. Prachi Bansal as Secretarial Auditor for 5 years from 1st April 2026 to 31st March 2031
  • Item 4: Approval of material related party transaction with Yummy Food Industries Private Limited valued at ₹55,00,000 per month for 9 years

Financial Performance Highlights

Standalone Financials (Amount in ₹ Lakhs):

| Particulars | FY 2025-26 | FY 2024-25 | Change |

| Total Income | 10,707.20 | 6,445.06 | +66.16% |

| Total Expenditure | 10,371.47 | 6,195.27 | +67.40% |

| Profit Before Tax | 336.03 | 249.79 | +34.53% |

| Profit After Tax | 245.50 | 186.78 | +31.44% |

Consolidated Financials (Amount in ₹ Lakhs):

| Particulars | FY 2025-26 | FY 2024-25 | Change |

| Total Income | 22,814.20 | 17,187.06 | +32.74% |

| Profit After Tax | 399.54 | 325.56 | +22.73% |

Operational Highlights

  • Commissioned a state-of-the-art, fully automated manufacturing facility on 23rd December 2024 under brand "Magic Flavours"
  • New facility produces over 50 premium food products including pasta sauces, pizza sauces, salad dressings, chutneys, sweet syrups, mayonnaise, and tomato purée
  • Facility designed to meet international quality standards with canning and packaging capabilities for export markets
  • Strategic shift from agri-inputs and animal husbandry to value-added food processing
  • Received necessary statutory licenses for Bangalore manufacturing unit:
  • Factory License (Registration No. JDF-01/FPL-04/RGN/CR-63/2025-26) issued 09/07/2025
  • Consent to Establish (Order No. CTE-349359) issued 03/07/2025
  • Fire Safety Certificate (License No. 502/FSR/CFO/BWZ/2025) issued 15/07/2025

Capital Structure Changes

Authorized Share Capital:

  • Increased from ₹25 crore to ₹45 crore on 30th May 2025
  • Further increased to ₹50 crore on 16th July 2025

Issued, Subscribed & Paid-up Capital:

  • Increased from ₹24.81 crore to ₹49.62 crore through rights issue
  • Rights issue of 2,48,12,000 equity shares at ₹10 each raising ₹24.81 crore
  • Rights issue approved by Board on 10th September 2025, with bidding period from 7th to 31st October 2025
  • Shares listed on BSE on 6th November 2025

Subsidiaries

The company has 2 wholly-owned subsidiaries:

1. Healthy Life Agro Limited

2. Healthy Life Farms Private Limited

Key Management Personnel

  • Managing Director: Mrs. Divya Mojjada (DIN: 07759911)
  • Non-Executive Director: Mr. Mohammed Sadiq (DIN: 08612733)
  • Independent Directors: Mr. Anil Kumar Vijay (DIN: 08294779), Ms. Apra Sharma (DIN: 10149103)
  • Chief Financial Officer: Mr. Sandeep Ramakrit Gaud
  • Company Secretary: Ms. Rupal Kalsi

Board and Committee Meetings

  • 8 Board meetings held during FY 2025-26
  • 5 Audit Committee meetings held
  • 1 Nomination and Remuneration Committee meeting held
  • 1 Stakeholders Relationship Committee meeting held

Dividend and Reserves

  • No dividend declared for FY 2025-26 to conserve resources
  • Entire profit of ₹245.50 lakh retained in profit and loss account
  • No amount transferred to reserves

Related Party Transactions

Approval sought for transaction with Yummy Food Industries Private Limited:

  • Nature: Contract manufacturing of carbonated beverages, juices, syrups and fruit crush
  • Value: ₹55,00,000 per month for 9 years
  • Terms: At arm's length, industry comparable terms
  • Related Directors: Mrs. Divya Mojjada and Mr. Mohammed Sadiq

Utilization of Rights Issue Proceeds

| Purpose | Original Allocation (₹ Lakhs) | Modified Allocation (₹ Lakhs) | Amount Utilized (₹ Lakhs) |

| Working Capital | 1,800.34 | - | 1,800.34 |

| Repayment of Debt | 85.00 | - | 85.00 |

| General Corporate Purposes | 545.86 | 564.89 | 564.89 |

| Issue Expenses | 50.00 | 30.97 | 30.97 |

Shareholding Pattern

Promoters holding: 28.85% as on 31st March 2026

Major shareholders:

  • Cronos Global Investments & Holdings Private Limited: 18.17%
  • Divya Mojjada: 10.69%

Compliance Status

  • Secretarial Audit Report does not contain any qualifications or adverse remarks
  • Statutory Auditors' report does not contain any qualifications
  • No fraud reported by auditors under section 143(12) of Companies Act, 2013
  • No material orders passed by regulators/courts impacting going concern status

Important Dates

  • Book Closure: 20th September 2026 to 26th September 2026
  • E-voting Period: 23rd September 2026 (9:00 AM) to 25th September 2026 (5:00 PM)
  • Cut-off Date for E-voting: 20th September 2026

Corporate Office & Factory

Plot No: B-35, 3rd Phase Road No: 5, KIADB Industrial Area, Obadenahalli, Doddaballapur, Bangalore - 561203, Karnataka