Wardwizard Foods and Beverages Ltd

Wardwizard Foods and Beverages Ltd has dispatched a letter to shareholders who have not registered their email addresses, providing the weblink to the Annual Report for FY 2025-26 and the Notice for the 72nd Annual General Meeting (AGM). The AGM is scheduled for September 28, 2026, via Video Conferencing. The company is also reminding shareholders to update their KYC details and dematerialize physical securities as per SEBI regulations, emphasizing electronic payment for dividends and interest from April 1, 2024, for those with incomplete KYC.

Wardwizard Foods and Beverages Ltd announced the resignation of Nihar Ashokbhai Naik as a Non-Executive Independent Director, effective September 8, 2026. The resignation is attributed to his relocation and consequent change in professional commitments, impacting his ability to dedicate sufficient time to his directorial responsibilities. Naik has confirmed no other material reasons for his departure and has served on various board committees, including Audit (Chairman), Nomination & Remuneration, Stakeholder Relationship, and Risk Management.

Wardwizard Foods and Beverages Ltd has announced the resignation of Ms. Mansi Jayendra Bhatt as a Non-Executive Independent Director, effective September 4, 2026. The resignation is attributed to personal commitments and increased professional engagements, preventing her from dedicating adequate time to the role. Ms. Bhatt has confirmed there are no other material reasons for her departure. She currently holds directorships in several listed entities, including Wardwizard Innovations & Mobility Limited and I Secure Credit & Capital Services Limited, where she serves on various board committees.

Wardwizard Foods and Beverages Ltd has announced September 21, 2026, as the record date for its 72nd Annual General Meeting (AGM). The AGM is scheduled to be held on September 28, 2026, at 1:00 p.m. IST via Video Conferencing (VC) or Other Audio Visual Means (OAVM). This record date will determine the eligibility of shareholders to attend and vote at the upcoming AGM.

Wardwizard Foods and Beverages Ltd has issued a notice for its 72nd Annual General Meeting (AGM) scheduled for Monday, September 28, 2026, at 1:00 PM IST. The meeting will be conducted via Video Conferencing (VC)/ Other Audio Visual Means (OAVM). Key agenda items include the adoption of the Audited Financial Statements for the financial year ended March 31, 2026, the re-appointment of Mr. Sanjay Mahadev Gupte as a Director liable to retire by rotation, and the appointment of M/s. Arun Ratnawat & Associates as Statutory Auditors to fill a casual vacancy. The notice also covers the appointment of the company's statutory auditor for the upcoming period and fixing their remuneration. The AGM notice is part of the Annual Report 2025-2026 and has been uploaded to the company's website.

Wardwizard Foods and Beverages Ltd has announced its 72nd Annual General Meeting (AGM) scheduled for September 28, 2026. The meeting will be conducted via Video-Conferencing (VC)/ Other Audio Visual Means (OAVM). Remote e-voting will commence on September 25, 2026, and conclude on September 27, 2026. The company has also e-filed its Annual Report for the financial year ended March 31, 2026, which includes the AGM notice, Director's Report, Management Discussion and Analysis, Corporate Governance Report, Auditor's Report, and Audited Financial Statements. The report highlights a revenue of ₹1,001.53 lakhs, EBITDA of ₹131.00 lakhs, and Profit After Taxes of ₹23,773.12 lakhs for FY26. The company emphasizes its strategy of building on heritage while expanding its horizons, focusing on product diversification and strengthening manufacturing capabilities.

Wardwizard Foods and Beverages Ltd announced that its Board of Directors, upon recommendation from the Nomination and Remuneration Committee, has approved the continuation of Mr. Sanjay Mahadev Gupte as a Non-Executive Director beyond the age of 75. This approval is subject to the shareholders' consent via a Special Resolution at the upcoming 72nd Annual General Meeting. Mr. Gupte, born in December 1952, will reach 75 in December 2027. The Board cited his experience, knowledge, expertise, and contributions as reasons for recommending his continued directorship, in compliance with SEBI Listing Regulations.

Wardwizard Foods and Beverages Ltd announced the approval for the appointment of M/s Arun Ratnawat & Associates, Chartered Accountants, as the company's Statutory Auditors. This appointment, recommended by the Audit Committee and approved by the Board of Directors on September 1, 2026, is for a term of five consecutive years, commencing from the conclusion of the 72nd Annual General Meeting until the conclusion of the 77th Annual General Meeting. The appointment is subject to shareholder approval at the upcoming 72nd AGM and compliance with the Companies Act, 2013. The firm's registration number is 010664C. This appointment follows a casual vacancy caused by the resignation of the previous auditors.

Wardwizard Foods and Beverages Ltd announced outcomes of its Board Meeting held on September 1, 2026. The Board approved the 72nd Annual General Meeting (AGM) to be held on September 28, 2026, via video conferencing. The remote e-voting period is set from September 25 to September 27, 2026. The Board also approved the Annual Report for FY 2025-26 and the appointment of M/s Arun Ratnawat & Associates as Statutory Auditors for a five-year term, subject to member approval. Additionally, the proposal to seek member approval for the continuation of Mr. Sanjay Mahadev Gupte as Non-Executive Director upon attaining 75 years was approved.

Wardwizard Foods and Beverages Limited has reported a strong start to FY27, with Q1 FY27 revenue from operations reaching ₹17.03 crore, a 29.0% year-on-year increase. Total income for the quarter was ₹17.65 crore, up 32.2% from ₹13.35 crore in Q1 FY26. The company returned to profitability, posting a Profit After Tax (PAT) of ₹1.31 crore for the quarter, a significant improvement from a loss of ₹1.70 crore in the prior year's quarter. EBITDA surged to ₹3.39 crore, with the EBITDA margin expanding to 19.90% from 2.78% in Q1 FY26, attributed to an improved product mix, operating leverage, and cost management. The company's performance was boosted by its Food Commodities segment and branded product lines, with exports to multiple countries. Management reiterated medium-term targets of 25% revenue CAGR and 12-15% EBITDA margin.