Pajson Agro India 5th AGM Notice and Annual Report 2025-26

Meeting Date: Monday, August 17, 2026 at 03:30 PM (IST)
Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM)
Cut-off Date: Monday, August 10, 2026 for determining members entitled to vote
Venue: Registered Office at 510, 5th Floor, Pearls Omaxe Tower-II, Netaji Subhash Place, Pitampura, Delhi-110034

Item No. 1: Adoption of Audited Standalone Financial Statements for FY 2025-26

Financial statements for year ended March 31, 2026 together with Reports of Board of Directors and Auditors
Resolution to receive, consider and adopt the circulated documents

Item No. 2: Re-appointment of Statutory Auditors

Re-appointment of M/s. S.S. Kothari Mehta & Co. LLP, Chartered Accountants (Firm Registration No. 000756N/N500441)
Term: From conclusion of 5th AGM till conclusion of 10th AGM
Remuneration to be mutually agreed between Board and auditors
Firm established in 1971, registered office at Plot No. 68, Okhla Industrial Area, Phase-III, New Delhi-110020
Proposed fee: ₹9 lakhs standalone basis, ₹12 lakhs consolidated basis for audit, limited review and other audit services
Board authorized to finalize remuneration and approve revisions during term

Item No. 3: Re-appointment of Director

Re-appointment of Mr. Pulkit Jain (DIN: 02754392) as Non-Executive Director
Retires by rotation and being eligible offers himself for re-appointment
Appointment under Section 152 of Companies Act, 2013
Director Details:
Age: 38 years (Date of Birth: November 19, 1987)
Original appointment date: October 15, 2024
Shareholding: 44.19%
Board meetings attended in FY25-26: 3 out of 3
Committee meetings attended: 2 out of 2
Qualifications: Bachelor of Science in Humanities Management from University of Manchester
Experience: Over 12 years in agro-commodities, shipping, and corporate rice farming across Asia, Middle East, and Africa
Role: Oversees sourcing of raw cashew nuts from African origins including Nigeria, Ghana, Guinea-Bissau, Côte d'Ivoire, and Togo

Authorized Capital: Increased from ₹5,00,00,000 to ₹25,00,00,000 in May 2025
Issued Bonus Shares: 1,39,99,996 bonus shares issued in ratio 4:1 in May 2025
IPO Details: Issued 63,09,600 shares at premium of ₹108, raising ₹74.45 crores
Current Paid-up Capital: ₹23,80,95,950 divided into 2,38,09,595 equity shares of ₹10 each

Capacity Utilization: 86% at Andhra Pradesh facility
Royal Mewa Brand Revenue: ₹432.96 lakhs (6.5x growth from ₹66.13 lakhs in FY25)
Revenue Contribution: Consumer brand 1.68%, By-products 4.69%, Cashew Kernels 93.49%
Market Distribution: 170+ distributors across 20+ states, institutional revenue share 33.96%

Current Capacity: 18,000 MTPA
Expansion Plan: Greenfield facility at Vizianagaram adding 35,000 MTPA
Total Planned Capacity: 53,000 MTPA
Land Acquired: 7,73,190 sq ft in Andhra Pradesh
Capital Commitments: Purchase orders worth ₹39.53 crores issued, ₹10.47 crores advanced
Trial Production Target: Q3 FY27

Gross Proceeds: ₹74.45 crores
Net Proceeds: ₹65.47 crores (after ₹7.02 crores IPO expenses)
Primary Allocation: ₹57 crores for Vizianagaram facility (land development, construction, machinery)
Supporting Allocation: ₹10.43 crores for general corporate purposes including Royal Mewa brand enhancement

Conversion: Converted from Private Limited to Public Limited Company on February 8, 2025
Listing: Listed on BSE SME Platform effective December 18, 2025
Credit Rating: CARE BBB- (Stable) for long-term facilities, CARE A3 for short-term facilities

Annual Return: Available on company website www.pajsonagro.com
Documents Available: Notice and Annual Report available on company website and being sent electronically to members
Inspection: Documents referred to in notice available for electronic inspection
Voting: Members can vote electronically through NSDL platform