Chatha Foods revises JV Shareholders Agreement with FAPL

Chatha Foods Limited (CFL) has entered into a supplementary agreement on August 7, 2026, to modify its existing Shareholders' Agreement (SHA) with Frigorifico Allana Private Limited (FAPL), originally dated February 11, 2025. This revision pertains to their joint venture company, Allana CF Foods Private Limited (JV). The agreement aims to implement a revised strategic alignment between CFL and FAPL. Key changes include an increase in the JV's authorized share capital to ₹42 crore, with equity share capital at ₹41 crore and CCPS at ₹1 crore. FAPL will be allotted equity shares worth ₹10.805 crore and CCPS worth ₹0.795 crore, realigning the shareholding ratio to 51:49 between CFL and FAPL, respectively. The JV's board composition will also be reconstituted to four directors, with equal nomination rights for both parties.