Naturite Agro Products Ltd

Promoter reclassification and control

• Promoter reclassification to Public completed under Regulation 31A(10) following open offer.
• Acquirer Siva Dharma Teja Yadlapalli took control on August 14, 2026.
• Promoter shares transferred to Acquirer as per Share Purchase Agreement.
• Post-reclassification promoter group now represented by Acquirer with 69.34% stake (36,72,352 shares).
• Other promoter group members hold 0 shares and 0% stake.
• Mr. G Vallabh Reddy continues as Managing Director.
• Open offer and SEBI compliance maintained.
• Date of disclosure: August 14, 2026.

AGM details

• Date and time: 9 September 2026 at 11:30 AM.
• Mode: physical AGM at the registered office.
• Voting cut-off date: 2 September 2026.
• E-voting window: 6–8 September 2026.

Ordinary resolutions

• Adoption of audited financial statements for year ended March 31, 2026.
• Appointment of director retiring by rotation (reappointment).
• Subdivision of equity shares (Rs 10 to Rs 5 each).
• Alteration of MOA to reflect higher authorized capital.
• Increase in authorized share capital and related MOA amendments.

Special resolutions

• Re-appointment of Dr. G Vallabh Reddy as Chairman and MD for 3 years.
• Appointment of Mrs. Thejasri Kancharla as Director.
• Appointment of Mrs. Thejasri Kancharla as Whole Time Director.
• Adoption of a new set of Articles of Association.

Dividend

• Dividend is not proposed for the year.

Director changes

• Dr. G Vallabh Reddy to be reappointed by rotation.
• Mrs. Thejasri Kancharla appointed as Executive Director; 3-year term.
• Remuneration for Mrs. Kancharla fixed at Rs 50,000 per month.

Auditors and secretarial

• Statutory auditors: M N Rao & Associates; tenure to FY 2027-28.
• Internal auditors: NSVR & Co, Chartered Accountants.
• Secretarial auditors: PS Rao & Associates; five-year term (2025–30).

Material related party transactions

• Remuneration to KMPs: Rs 7.56 L (Bhagya Latha) and Rs 2.20 L (Nirali Bhanushali).
• Interest on unsecured loan from MD: Rs 25.00 L.
• MD loans/advances: net Rs 511.12 L; repayments Rs 809.20 L.
• Related party payables include MD Rs 873.20 L, Vandana Rs 1.89 L, KSA Consultants Rs 13.50 L.

Parties and target

• Target: Naturite Agro Products Limited.
• Acquirers: Gaddam Vallabh Reddy; Usha Gaddam; Vandana Reddy Gaddam; Chandrupatla Sreekanth Reddy (Promoter group).
• Transaction type: Disposal of 36,56,900 equity shares.

Transaction details

• Mode: Off-market via Share Purchase Agreement (SPA).
• Date: 12.08.2026.
• Pre-disposal voting holdings: 7,72,000; 4,77,100; 8,28,700; 15,79,100 shares.
• Total pre-disposal: 36,56,900 shares (69.05% of TC voting capital).
• Post-disposal holding: Nil voting rights for all acquirers.
• Equity capital before/after: Rs 5,29,60,000; 52,96,000 shares.

Capital structure context

• Total diluted capital after: Rs 5,29,60,000; 52,96,000 shares.
• Capital context unchanged before and after.

Dematerialisation/rematerialisation status

• No dematerialisation/rematerialisation requests received in quarter ended 30 June 2026.

Naturite Agro Products Ltd closes trading window from 01.07.2026 till the expiry of 48 hours after the declaration of financial results for the first quarter ended 30.06.2026.

🗓️ Meeting Details

• Board meeting scheduled for February 13, 2026.

📊 Key Agenda Items

• Approval of un-audited financial results for Q3 ended December 31, 2025.