Vandan Foods Ltd

Vandan Foods Ltd announced that its Board of Directors has approved the issuance of a Corporate Guarantee amounting to ₹9.90 Crore in favor of Canara Bank, Gandhinagar Branch. This guarantee is to secure credit facilities for Ditya Agri Industry (OPC) Private Limited. The facilities include a ₹5 Crore term loan for the acquisition of an industrial unit in Vijapur, Gujarat, and ₹4.90 Crore for working capital requirements. The company stated that the promoter/promoter group/group companies do not have any interest in this transaction, and the borrower is not a related party. Mr. Nikunjbhai Mukeshbhai Choksi, a shareholder in Vandan Foods, is the sole member and director of Ditya Agri Industry. The corporate guarantee represents a contingent liability for Vandan Foods, with a maximum liability capped at ₹9.90 Crore upon invocation. The Board meeting took place on October 1, 2026.

Vandan Foods Limited has announced the closure of its trading window for designated persons. This closure is in accordance with the company's Internal Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain shut from October 1, 2026, until 48 hours after the declaration of the company's financial results for the half-year ending September 30, 2026. The exact date of the financial results announcement will be communicated later.

Vandan Foods Ltd has filed its 11th Annual Report for the financial year 2025-26 along with the Notice for its 11th Annual General Meeting (AGM). The AGM is scheduled for Monday, September 21, 2026, at 11:30 AM IST and will be conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM) in compliance with Ministry of Corporate Affairs guidelines. The Annual Report and AGM Notice are being disseminated electronically to members with registered email addresses and via web-link for others. Both documents are also available on the company's website, www.vandanfoods.in. The filing includes details on the company's board of directors, committees, key managerial personnel, statutory auditors, and financial statements for FY 2025-26.

Vandan Foods Ltd has announced its 11th Annual General Meeting (AGM) scheduled for September 21, 2026, at 11:30 AM IST. The meeting will be conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM) in line with Ministry of Corporate Affairs guidelines. The company has enclosed the AGM Notice and the Annual Report for the financial year 2025-26. These documents are being disseminated electronically to members with registered email addresses and via web-link for others. The Annual Report and AGM Notice are also available on the company's website, www.vandanfoods.in. The report includes details on company information, the AGM notice, Directors' Report, and standalone financial statements for FY 2025-26.

Vandan Foods Ltd has filed the Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Initial Public Offering (IPO). The report, issued by Infomerics Valuation and Rating Limited, confirms no deviation from the IPO's stated objects. The company, being an SME Listed Company, is voluntarily complying with SEBI regulations. The IPO raised an aggregate of ₹30.36 crore.

Vandan Foods Ltd announced the appointment of Mr. Ankitkumar Surendrakumar Agrawal as an Additional Director (Non-Executive, Independent) effective August 06, 2026. The appointment, recommended by the Nomination and Remuneration Committee, is for an initial term of five years, concluding on August 05, 2031, subject to shareholder approval. Mr. Agrawal is a qualified Company Secretary with over 8 years of experience in corporate secretarial and compliance functions, holding an MBA and BBA. He is not related to any existing directors or key personnel and is not debarred by SEBI or any other authority. The board meeting where this was decided commenced at 11:00 AM and concluded at 12:00 Noon.

Mr. Manish Shrichand Bachani, an Independent Director at Vandan Foods Ltd, has resigned from his position effective July 24, 2026. The resignation is attributed to other professional commitments and resulting time constraints, which limit his ability to effectively fulfill his duties. Mr. Bachani has confirmed there are no other material reasons for his departure. He previously held directorships and committee memberships in several other listed companies, including Scarnose International Limited and Bridge Securities Limited.

Mr. Manish Shrichand Bachani, an Independent Director of Vandan Foods Ltd, has resigned from his position effective July 24, 2026. The resignation is attributed to other professional commitments and resulting time constraints, which he stated limit his ability to effectively fulfill his duties. Mr. Bachani has confirmed there are no other material reasons for his departure. He previously served on various committees at other listed entities, including Scarnose International Limited and Bridge Securities Limited.

Vandan Foods Ltd announced the extension of a corporate guarantee for credit facilities availed by Pharmearth Private Limited. The guarantee is in relation to revised credit facilities from Bank of India, amounting up to INR 17.85 Crores. Pharmearth Private Limited is not a related party, promoter, or promoter group of Vandan Foods. The directors and shareholders of Pharmearth hold a minor shareholding of approximately 0.84% in Vandan Foods. The company states the guarantee is a contingent liability with no immediate impact and was provided on an arm's length basis.

Vandan Foods Ltd's board approved the audited standalone financial results for the half year and financial year ended March 31, 2026, based on the Audit Committee's recommendation. The auditor's report by M/s Piyush Kothari & Associates expressed an unmodified opinion on the financial results. The board meeting, where these results were approved, commenced at 05:30 PM (IST) and concluded at 07:15 PM (IST).