Shah Foods Board Approves Share Capital Increase & Warrant Issue

Shah Foods Limited's Board of Directors has approved a significant increase in the company's authorized share capital from ₹24 crore to ₹25.50 crore. Additionally, the board approved the preferential issuance of up to 18,90,410 convertible warrants at ₹153 per warrant to the promoter group. The board also adopted the Board's Report for FY26, approved the notice for the 44th AGM, and appointed NSDL for e-voting and MR & Associates as scrutinizer and secretarial auditor. The AGM is scheduled for September 30, 2025, with book closure from September 24-30, 2026, and a record date of September 23, 2026. The resignation of Mr. Manan Rajesh Patel as Executive Director was also accepted.