Vandan Foods Ltd (544436) — Board Meeting | 29 August 2026

Vandan Foods Ltd announced its 11th AGM on September 21, 2026, via video conferencing, with key resolutions including the appointment of Ankitkumar Surendrakumar Agrawal as an Independent Director for five years starting August 6, 2026, and ratification of cost auditor remuneration up to Rs. 33,000 for FY 2026-27. The meeting will feature e-voting through Bigshare Services from September 17-20, 2026, with strict protocols limiting virtual attendance to 1,000 participants. Shareholders can vote via demat account credentials on BSE or the company website. The AGM agenda includes special resolutions for increasing borrowing limits to Rs. 300 crore under Sections 185 and 186 of the Companies Act, 2013, with no director having financial interests beyond shareholding. Financial highlights show 139.98% revenue growth to Rs. 25,963.40 lakh in FY2025-26, though profitability declined to Rs. 132.37 lakh PAT from Rs. 690.70 lakh previously due to rising input costs and depreciation. The company successfully completed its IPO in July 2025, raising Rs. 3,036.00 lakh by issuing 26.4 lakh shares at Rs. 115 per share, fully utilized for working capital, debt repayment, and plant expansion. No dividend was recommended, and paid-up capital increased to Rs. 8.38 crore post-IPO. Independent directors confirmed compliance with independence criteria, and board changes included new appointments and the resignation of Manish Shrichand Bachani effective July 24, 2026.