StockWatch
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Other Agricultural Products
Board Meeting7 Aug 2026, 09:30 pm

Naturite Agro Products Ltd Board Approves Share Split and Capital Increase

AI Summary

Naturite Agro Products Ltd announced that its Board of Directors, in a meeting held on June 30, 2026, approved several key corporate actions. These include the un-audited financial results for the first quarter ended June 30, 2026, and the limited review report. A significant decision was the sub-division of existing equity shares from a face value of Rs. 10 to Rs. 5 each, requiring an alteration of the Memorandum of Association. Additionally, the Board approved an increase in authorized share capital from Rs. 6 Crores to Rs. 9 Crores, subject to shareholder approval at the upcoming AGM. The company also announced the appointment of Mrs. Thejasri Kancharla as Additional Director cum Whole-Time Director and the resignation of Mrs. Surakanti Anitha as Additional Director. The 36th Annual General Meeting is scheduled for September 09, 2026.

Key Highlights

  • Board approved un-audited financial results for Q1 FY27.
  • Approved sub-division of equity shares from Rs. 10 to Rs. 5.
  • Proposed increase in authorized share capital to Rs. 9 Crores.
  • Appointed Mrs. Thejasri Kancharla as Additional Director.
  • Resignation of Mrs. Surakanti Anitha as Additional Director.