Nutricircle Ltd

AGM details

• Date/time and venue: 30 September 2026, 10:00 IST, at the registered office.
• Mode: physical meeting with remote e-voting facility.
• Duration: 10:00–11:15 IST.

Key resolutions and outcomes

• Adoption of audited financial statements and reports; passed.
• Rotation of director Hitesh Patel; re-appointment; passed.
• Appointment of M/S SK Bang & Co as statutory auditor; passed.

Nutricircle Limited trading window closed from 1 October 2026 until 48 hours after the announcement of the unaudited financial results for the quarter and half year ended 30 September 2026.

Meeting Details

• Board meeting scheduled for Friday, September 4, 2026 at 11:00 A.M. at the registered office.

Key Agenda Items

• Appointment of Statutory Auditor in place of casual vacancy due to resignation of earlier Auditor.

Other Notes

• No other material notes disclosed in the filing.

Financials

• Quarter ended 30 June 2026: unaudited results approved.
• Total income: Rs 550.06 Lakhs; revenue from operations: Rs 550.06 Lakhs.
• PAT after tax: Rs 377 Lakhs.
• Basic and diluted EPS: Rs 0.03.

Segment & reporting

• CODM reviews a single reportable segment; no IND AS-108 segmentation.

AGM & governance

• 33rd AGM scheduled for 30 Sep 2026 at 10:00 AM.
• Cut-off date 23 Sep 2026; voting rights & transfer books window 24–30 Sep 2026.
• E-voting facility arranged; Scrutinizer appointed.

Auditor remarks

• Independent Auditor's Review: no material misstatement observed.

Meeting Details

• Date: 14 August 2026; Time: 03:00 PM; Venue: Registered office, Nutricircle Limited, Hyderabad.

Key Agenda Items

• Unaudited financial results for quarter ended June 30, 2026 and Limited Review Report thereon.
• Any other item.

Other Notes

• Trading window closed from July 1, 2026; reopens 48 hours after the unaudited June 30, 2026 results declaration.

Parties

• Nutricircle Limited and Institute of Chemical Technology, Mumbai.

Purpose

• Establish a written MOU for Sponsored Ph.D. Research Agreements.

Funding and scope

• Nutricircle funds INR 26,82,800 per milestone as per SOW.
• No equity stake in ICT; IP ownership is 50/50.

IP and confidentiality

• IP created will be jointly owned 50/50 unless one party opts out.
• Confidentiality obligations survive 5 years post-termination.
• Publication allowed with 60 days notice; Nutricircle may object within 30 days.
• Confidentiality limited to necessary personnel; exceptions listed.

Term and termination

• Effective 22 July 2026 for five years; extendable by mutual agreement.
• Either party may terminate with 90 days’ prior written notice.
• Termination does not affect ongoing Research Agreements or confidentiality obligations.

Related party status

• Related party status: No promoter/group relation; not a related party transaction.

Governance and approvals

• Governing law: India; Arbitration under UNCITRAL Rules in Mumbai.
• Publicity restrictions; disclosures only as required by law.
• No specific regulatory approvals disclosed.

Parties

• Nutricircle Limited; Department of Industries, Government of Tripura.

Purpose

• Develop BioNutrition Valley to manufacture plant proteins, functional ingredients, and bio-based products via circular bioeconomy.

Key terms

• Proposed investment: Rs 100 crore to Rs 130 crore.
• No shareholding in the counterparty.
• MOU validity: 12 months, extendable by mutual agreement.
• First Party to secure permissions; start activities within 1 year.
• Second Party will facilitate permissions and registrations per government rules.

Related party status

• Not a related party transaction; neither party is related to promoter or group.

Impact

• Potential new business line in Tripura with significant investment.
• Value addition to agriculture and employment generation anticipated.

Regulatory / disclosures

• Regulatory approvals: permissions/licences/clearances from government required.
• No issuance of shares or loans; no board changes disclosed.
• Amendment/termination: extension possible per mutual agreement.