Mayank Cattle Food Ltd

Product launch

• Launch of MAYANK UDDERSAFE udder health product as forward integration step.
• Category: Oil and Cattle Feed Industry; Domestic market.
• Date of launch: 24.08.2026.
• Expected to boost revenue and diversify income streams.
• Helps prevent mastitis, improves milk quality, reduces treatment costs.

AGM Details

• Date and time: 06 August 2026, 12:30 IST; physical meeting.
• Mode: physical with remote e-voting facility.
• Remote voting period: 01–05 August 2026; e-voting disabled on Aug 06.
• Meeting duration: 12:30 PM to 1:05 PM.

Key Resolutions

• Ordinary: adopt audited accounts for year ended 31 March 2026.
• Ordinary: re-appoint Tanmai Ajaybhai Vachhani as director.
• Special: ratify remuneration of Cost Auditors.
• Special: re-appoint Bharatkumar Popatlal Vachhani as Managing Director.
• Special: re-appoint Ajay Popatlal Vachhani as Whole-time Director.
• Special: re-appoint Tanmai Ajaybhai Vachhani as Whole-time Director.
• Special: re-appoint Mayank Bharatkumar Vachhani as Whole-time Director.
• Special: re-appoint Ekta Dholakia as Independent Director.
• Special: approve remuneration revision of Managing Director.
• Special: approve remuneration revision of Ajay Popatlal Vachhani.
• Special: approve remuneration revision of Ankit Bharatbhai Vachhani, CFO.
• Special: approve remuneration revision of Tanmai Ajaybhai Vachhani.
• Special: approve remuneration revision of Mayank Bharatkumar Vachhani.
• Special: approve issue of bonus equity shares to members.
• Ordinary: increase authorised share capital and MOA alteration.

Voting Outcome

• All resolutions deemed passed on August 06, 2026.

Directors & Key Management

• Tanmai Ajaybhai Vachhani, retiring by rotation, re-appointed as director.
• Bharatkumar Popatlal Vachhani re-appointed as Managing Director.
• Ajay Popatlal Vachhani re-appointed as Whole-time Director.
• Tanmai Ajaybhai Vachhani re-appointed as Whole-time Director.
• Mayank Bharatkumar Vachhani re-appointed as Whole-time Director.
• Ekta Dholakia appointed as Independent Director.

Remuneration & Auditors

• Remuneration revisions approved for MD, WTDs, and CFO.
• Cost Auditor remuneration ratified; no change to statutory/secretarial auditors.

Capital & Other Approvals

• Increase in authorised share capital and MOA alteration.
• Bonus equity shares issued to members approved.

Dematerialisation status and rematerialisation

• Securities received for dematerialisation during the quarter were confirmed to depositories by the Registrar.
• Securities dematerialised were listed on the stock exchanges where earlier securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification; depository name substituted within 15 days.
• Rematerialisation requests were not received during the period.

AGM notice and annual report access

• AGM scheduled for 6 August 2026 at 12:30 PM IST at the registered office.
• Notice and Annual Report for FY2025-26 sent electronically to registered-email shareholders as of 03 Jul 2026.
• Weblink to access the Annual Report 2025-26: https://mayankcattlefood.com/disclosures/Annual_Report 2025-26_MCFL.pdf
• Shareholders without registered emails urged to update KYC details via downloadable forms.

Financial highlights

• Revenue from operations Rs 40,316.70 L; +3.15% YoY.
• Total income Rs 40,367.64 L; +3.18%.
• PBT Rs 827.66 L; +16.40%.
• Net profit Rs 601.81 L; +21.03%.
• Basic EPS Rs 11.14; up from Rs 9.21.

Operational performance & product mix

• Maize Oil revenue Rs 20,858.45 L; major contributor.
• Maize Cake revenue Rs 14,346.93 L; second largest.
• Other sales and income supported total revenue of Rs 40,367.64 L.

Capital structure & equity

• Authorized capital Rs 6 Cr; paid-up Rs 5.4 Cr (54 lakh shares).
• IPO on BSE SME in Feb 2024; listing achieved.
• Bonus issue proposed: Rs 5.40 Cr capitalization for 54 L shares (1:1).
• Authorized capital to be raised to Rs 12 Cr via MOA amendment.

Remuneration & governance

• Independent Director Ekta Ankur Dholakia reappointed for 2026-2031.
• MD remuneration raised to Rs 72 L p.a. from 01-Apr-2026.
• Ajay Popatlal Vachhani WTD remuneration Rs 72 L p.a. from 01-Apr-2026.
• Tanmai Ajaybhai Vachhani WTD remuneration Rs 10 L p.a.
• Mayank Bharatkumar Vachhani WTD remuneration Rs 10 L p.a.
• Ankit Bharatbhai Vachhani CFO remuneration Rs 25 L p.a.

CSR & sustainability

• CSR spend Rs 8.50 L; policy available on website.
• CSR committee not applicable due to spend < Rs 50 L.
• Donations to Shree Umiya Mataji Sansthan for community initiatives.

Subsidiaries & related party transactions

• Nanogen Agrochem Private Limited ceased as subsidiary after stake sale (64.96%).
• Loan to Nanogen Rs 350.39 L; interest income Rs 26.87 L.
• Related party loans to directors/relatives aggregate Rs 350.39 L.

Audits & internal controls

• Statutory auditor JC Ranpura & Co; unqualified opinion.
• Internal financial controls adequate; no material weaknesses.
• Secretarial audit by Ishali Desai & Associates.
• No fraud reported for FY2025-26.

Outlook & risks

• Global uncertainty; India growth remains resilient; domestic demand anchors growth.
• Risks include supply-chain disruptions and raw material price volatility.
• Focus on expansion, production efficiency, and R&D to sustain growth.

AGM Details

• AGM date: 06 August 2026; time 12:30 PM; venue: Registered Office.
• Remote e-voting: 01 August to 05 August 2026.
• Record date for voting: 24 July 2026.

Key Resolutions

• Adopt audited accounts for year ended 31 March 2026.
• Re-appoint Tanmai Ajaybhai Vachhani as Director, retiring by rotation.
• Ratify Cost Auditor remuneration of Rs 27,000 for FY ending 31 March 2027.
• Re-appoint Bharatkumar Popatlal Vachhani as Managing Director for five years from 24 July 2026.
• Re-appoint Ajay Popatlal Vachhani as Whole-time Director for five years from 24 July 2026.
• Re-appoint Tanmai Ajaybhai Vachhani as Whole-time Director for five years from 24 July 2026.
• Re-appoint Mayank Bharatkumar Vachhani as Whole-time Director for five years from 24 July 2026.
• Re-appoint Ekta Ankur Dholakia as Independent Director for five years, to 23 July 2031.
• Revise remuneration of MD Bharatkumar Popatlal Vachhani to Rs 72 Lakh per annum.
• Revise remuneration of Ajay Popatlal Vachhani to Rs 72 Lakh per annum.
• Revise remuneration of Ankit Bharatbhai Vachhani (CFO) to Rs 25 Lakh per annum.
• Revise remuneration of Tanmai Ajaybhai Vachhani to Rs 10 Lakh per annum.
• Revise remuneration of Mayank Bharatkumar Vachhani to Rs 10 Lakh per annum.
• Approve issue of bonus equity shares 1:1 via capitalization up to Rs 5.40 crore.
• Increase Authorized Share Capital from Rs 6 crore to Rs 12 crore; MOA amendment.

Director's Report FY2025-26

• Board approved Director's Report with annexures for FY 2025-26 to be adopted at AGM.

Cost Auditor Reappointment

• Re-appointed M/s. Tadhani & Co. as Cost Auditors for FY 2026-27.
• Firm chaired by Mr. Niketan Tadhani; over 12 years' cost audit experience.

Remuneration revisions

• MD remuneration revised to Rs 72 Lakh per annum, effective 01-04-2026.
• WTD Ajay Popatlal Vachhani remuneration revised to Rs 72 Lakh, effective 01-04-2026.
• CFO Ankit Bharatbhai Vachhani remuneration revised to Rs 25 Lakh, effective 01-04-2026.
• WTD Tanmai Ajaybhai Vachhani remuneration revised to Rs 10 Lakh, effective 01-04-2026.
• WTD Mayank Bharatkumar Vachhani remuneration revised to Rs 10 Lakh, effective 01-04-2026.

Scrutinizer appointment

• Appointed Dixit Dipakkumar Shah, proprietor of M/S. Dixit Shah & Associates, as Scrutinizer for the AGM.

AGM preparations

• Cut-off date for electronic voting is 24 July 2026; AGM notice approved.