Himalaya Food International Ltd

AGM Details

• AGM held on 30 September 2026 via Video Conferencing.
• Meeting started 09:30 and ended 10:16.
• Record date: 23 September 2026.
• Last date for postal ballot forms: 30 September 2026.

Resolutions & outcomes

• Four resolutions were put to vote; all passed.

Attendance & voting

• Attendees: 3 promoter group, 227 public via VC.
• Total resolutions passed: 4.

Chairman's update and strategic plan

• FY ended March 31, 2026, highlights prior legal disputes, financial strain, and factory fire losses.
• Plan to de-leverage via asset monetization; aim to eliminate all debt within six months.
• Pursuing legal damages from Simplot for six years and arbitration award issues.
• Target production capacity of 66,000 MT per annum for potato processing by March.
• Global expansion into North America, Europe, Australia, and the Middle East via exports.
• No external equity or debt raised to date; debt-free target via monetization.
• Intends to revive Himalaya to true potential within three years.
• Operational improvements through modern processing, automation, and SOPs to raise margins.
• Letter dated 30 September 2026; FY 2025-26 reference.

AGM Details

• Scheduled for 30 Sept 2026 at 09:30 IST via VC/OAVM.
• Meeting commenced 09:53 IST and concluded 10:16 IST.
• Remote e-voting conducted 27-29 Sept 2026.
• Proxy procedures dispensed with due to VC/OAVM.

Key Resolutions

• Adopt Audited Standalone Financial Statements and reports.
• Re-appoint Sanjiv Kumar Kakkar after rotation.
• Re-appoint Kumar Rupak & Associates as Statutory Auditors for five years.
• Authorize issuance of equity shares or securities to promoters/investors.
• Approve purchase of assets of Doon Valley Food Pvt Ltd.

Voting Results

• Voting results to be submitted to stock exchanges and posted on company website.

Director Changes

• Director changes: Re-appointment of Sanjiv Kumar Kakkar after retirement by rotation.

Auditor Appointments

• Statutory Auditor: Kumar Rupak & Associates re-appointed for five years.

Himalaya Food International Ltd: Trading Window closed till 48 hours after the declaration of unaudited financial results for the quarter ended September 30, 2026

AGM and annual report notice

• Notice of the 35th AGM and FY 2025-26 Annual Report to shareholders with unregistered email IDs.
• AGM scheduled September 30, 2026 at 09:30 IST via VC/OAVM.
• Annual report and notice available on the company website.
• E-voting window opens September 27, 2026 at 09:00 and closes September 29 at 17:00.
• KYC updation is mandatory to receive dividend; Beetal is the RTA with contact details.

Key board approvals and actions

• Board approved acquisition of the adjoining Doon Valley Foods unit at certified valuation.
• Tripartite agreement among Himalaya, Doon Valley Foods, and Global Trade USA for receivable offset.
• Financial outgo capped at ₹1,00,00,000; balance adjusted against Global Trade USA dues.
• Appointed Mr. Kailash Sharma to execute asset sale documents with bank NOCs on ₹21.5 crores.
• Authorized finalization and filing of Annual Report, Directors' Report, and financial statements with ROC/SEBI.
• Authorized issuing certified true copies of resolutions to banks, government bodies, or stakeholders.
• Considered HC order on NOC for land-use change and shift of production; acquire adjoining unit.

Meeting Details

• Board meeting scheduled for 27 August 2026 at 11:30 AM via Video Conferencing.

Key Agenda Items

• To consider and approve acquisition of Doon Valley Foods assets (land, buildings, machinery, cold storage) and liabilities settlement.

Other Notes

• Trading window remains closed in line with SEBI PIT Regulations and the company's Insider Trading Code.

Key updates

• Quarterly results were modest and below historical standards.
• We are in the final phase to complete One-Time Settlement obligations and unencumber assets.
• Monetization of non-core land assets in Rajasthan and Himachal Pradesh targeted this financial year.
• Proceeds will be used to satisfy remaining OTS balance and modernize core manufacturing lines.
• Letter dated 14 August 2026 signed by Manmohan Malik (Chairman & MD).