NITTA GELATIN INDIA LTD.-$

Nitta Gelatin India Ltd has issued revised proceedings for its 50th Annual General Meeting (AGM) held on July 31, 2026. The revision corrects a minor typo where the quorum was initially stated as 54 instead of the accurate figure of 55. This correction does not alter any other aspect of the AGM proceedings. The AGM transacted ordinary business including the adoption of financial statements and declaration of dividends, as well as special business concerning the appointment and re-appointment of directors and approval for related party transactions. The meeting was conducted via Video Conferencing.

Nitta Gelatin India Ltd held its 50th Annual General Meeting (AGM) on July 31, 2026, via Video Conferencing. The meeting addressed ordinary and special business items, including the adoption of audited financial statements for FY26, declaration of dividends on redeemable preference and equity shares, and re-appointment of directors. Key attendees included the Chairman, Managing Director, and various directors, along with auditors. The company also noted that voting results and the scrutinizer's report will be provided separately.

Nitta Gelatin India Ltd has made representations to the DGFT through an industry body for the restatement of Input Output Norms (SION) for Gelatin and Ossein, based on a technical assessment. The company has legally evaluated the matter and concluded there is no financial impact from this revision. Customers for Ossein and Limed Ossein have agreed to absorb any potential obligation. Since July 2026, the company has been importing under the Duty Drawback Scheme. Based on the current situation, the change in SION is not expected to have a significant financial bearing on the company.

Nitta Gelatin India's consolidated net profit rose 31.6% year-on-year to ₹25.18 Cr in Q1 FY27 (quarter ended 30 June 2026), even as revenue from operations grew just 1.5% YoY to ₹140.87 Cr — making this a margin-led print rather than a volume or pricing story. The operating (EBITDA) margin expanded roughly 466 bps to 24.46% from 19.80% a year ago, and net profit margin rose to 17.42% from 13.54%, as net material cost (cost of materials consumed, adjusted for the inventory-build credit) eased to about 42.1% of revenue from 46.6% in the year-ago quarter — consistent with management's own note that the business's performance is dependent on raw-material quality, availability and price. There were no exceptional items in either this quarter or the year-ago comparator, so the 31.6% YoY PAT growth is a clean, unadjusted number. Standalone PAT of ₹25.19 Cr is nearly identical to the consolidated figure, confirming the small Bamni Proteins subsidiary carries negligible weight on the group result. Sequentially, the picture is softer: revenue fell 12.9% QoQ from Q4 FY26's ₹161.73 Cr and PAT fell 26.2% QoQ from ₹34.09 Cr, with OPM down from 28.06% and NPM down from 20.46%. This looks like a seasonal step-down and mild operating deleverage rather than a fresh cost problem — employee expense rose to 9.65% of revenue (from 7.82% in Q4) and other expenses to 23.80% (from 21.66%) as a broadly fixed cost base sat over a smaller Q1 revenue base, while the net-material-cost ratio itself was little changed QoQ (42.1% vs 42.5%). There is no management guidance or prior concall commentary on record to grade this print against, and no analyst/street coverage was found for this small-cap name, so both vsGuidance and vsStreet are unknown. The remaining quarter-relevant disclosures are governance/legal rather than financial: the board used the same meeting to approve a postal ballot for a KSIDC nominee-director change; Bamni Proteins (shut since a March 2024 Maharashtra Pollution Control Board closure order) stays classified as a discontinued operation with a marginal ₹0.10 Cr loss this quarter while the board explores disposing of its assets on a non-going-concern basis; and the company continues to carry an ₹18.20 Cr contingent liability on a customs-duty/fish-protein import-classification dispute now before the Supreme Court (interim stay granted, final hearing slated for September 2026), with no P&L impact this quarter.

Nitta Gelatin India Ltd has announced that its Board of Directors will convene on July 31, 2026, via Video Conferencing. The primary agenda item is to consider and approve the un-audited financial results for the quarter ending June 30, 2026. This includes both standalone and consolidated financial statements. The meeting is being held in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Nitta Gelatin India Ltd has announced a change in its board composition. Kerala State Industrial Development Corporation Limited (KSIDC), a promoter shareholder, has nominated Mr. Arun K Vijayan IAS as a Non-Executive Nominee Director, replacing Mr. Vishnuraj P IAS. Mr. Vijayan, a 2016-batch IAS officer, brings extensive administrative and industrial development experience to the board. He holds degrees in Electrical Engineering and Public Administration and has held significant positions within the Kerala government, including Director of Industries and additional charge as MD of KSIDC. The company affirms that Mr. Vijayan is not debarred from holding a director's office.

Nitta Gelatin India Limited has released its 50th Annual Report for the financial year 2025-26, which includes the Notice of the 50th Annual General Meeting (AGM). The report covers audited financial statements for the year ended March 31, 2026. The company celebrated its Golden Jubilee on August 2, 2025. Despite global trade uncertainties, Nitta Gelatin India mitigated impacts through market diversification and customer-focused strategies. Key developments include the successful commissioning of a new Collagen Peptide Project with a capacity of 3.5 metric tonnes per day and progress on the Gelatin Expansion Project. The company aims to contribute to the Nitta Gelatin Group's vision of doubling net sales by FY2033.

Nitta Gelatin India Ltd has announced that its 50th Annual General Meeting (AGM) will be held on Friday, July 31, 2026, at 10:30 AM IST. The meeting will be conducted through Video Conferencing, adhering to circulars from the Ministry of Corporate Affairs and SEBI. The company has also set July 24, 2026, as the Record Date for determining eligibility to receive dividends. This announcement provides key dates for shareholders regarding the company's annual governance and potential dividend distribution.

Nitta Gelatin India Ltd has announced a change in its Senior Management Personnel. Mr. Vinod S. Menon, Vice President (HR), will be relieved from his duties effective June 29, 2026. Concurrently, Mr. Juby K. Mathews has been appointed as his replacement, effective June 30, 2026. Mr. Mathews brings 28 years of HR experience from various reputed organizations and holds a Master of Personnel Management from Symbiosis Institute of Business Management, Pune. The company has provided detailed information as per SEBI regulations.

Nitta Gelatin India Ltd is evaluating the operational, regulatory, and financial consequences of revised Standard Input Output Norms (SION) for Gelatin and Ossein, issued by the Directorate General of Foreign Trade (DGFT). The norms reduce the permissible input-output ratio for Gelatin from 7.35 MT to 3.92 MT of gel bones per MT of Gelatine, and set the norm for Ossein at 2.24 MT of gel bones per MT of Ossein. The company is consulting with industry bodies and considering representations to the Ministry of Commerce and Industry for reconsideration of these norms, which significantly impact its key raw material usage.