Healthy Life Agritec Ltd Approves Capital Increase and Object Clause Amendments

Healthy Life Agritec Ltd Approves Capital Increase and Object Clause Amendments​

Healthy Life Agritec Ltd's Board of Directors, during a meeting held on April 07, 2026, considered and approved several material corporate actions, including an increase in the company's Authorized Share Capital and alterations to the Memorandum of Association.

The Board approved increasing the Authorized Share Capital of the company. The existing structure was Rs. 50,00,00,000 (Rupees Fifty Crore only), composed of 5,00,00,000 (Five Crore Only) Equity Shares of Rs. 10 each. This is to be revised to Rs. 100,00,00,000 (Rupees Hundred Crore only), comprising 10,00,00,000 (Ten Crore Only) Equity Shares of Rs. 10 each. This revision necessitates a consequent alteration of Capital Clause V of the Memorandum of Association.

Furthermore, the Board resolved to amend the Object Clause of the Memorandum of Association. This modification involves inserting new Sub-Clauses No. 4 and 5 under the existing 'Clause III-A' of the Memorandum of Association.

The company also passed resolutions concerning an Extraordinary General Meeting (EGM) scheduled for Saturday, May 02, 2026, at 12:30 p.m. The purpose of the EGM is to obtain member consent for the proposed increase in the Authorized Share Capital.

Additionally, the Board appointed Mr. Sumit Bajaj, a Practising Company Secretary with Membership No. A45042 from the Institute of Company Secretaries of India, to serve as the Scrutinizer for the ensuing EGM, in accordance with Section 108 and other applicable provisions of the Companies Act, 2013.

The details of the amendments to the Memorandum of Association are summarized below:


Regarding the Object Clause amendments under Clause III-A, Sub-Clause No. 4 is proposed to allow the company to undertake the business of processing, producing, manufacturing, mixing, blending, preparing, packing, repacking, bottling, preserving, freezing, storing, extracting, refining, importing, exporting, buying, selling, trading, and dealing in all kinds of food products. This includes, but is not limited to, drizzle, chutney, ketchup, mayonnaise, spreads, dressings, dips, sauces, butter, toppings, syrups, and all other edible and processed food items of every nature and description, whether solid, semi-solid, or liquid, for human consumption in India and abroad.

Sub-Clause No. 5 aims to enable the company to carry on the business of processing, producing, manufacturing, blending, bottling, canning, packing, repacking, preserving, freezing, concentrating, extracting, refining, importing, exporting, buying, selling, trading, and dealing in all kinds of beverages. This scope covers fruit juices, vegetable juices, mixed juices, cold-pressed juices, fresh juices, juice concentrates, pulp-based drinks, nectar, squash, ready-to-serve (RTS) beverages, fruit-based beverages, health drinks, energy drinks, sports drinks, flavored water, coconut water, carbonated drinks, soft drinks, mineral water, packaged drinking water, herbal drinks, nutraceutical beverages, fortified drinks, and all other non-alcoholic beverages of every kind and description, in India and abroad.

Stock Price Movement​

At the close of trade on Tuesday, Healthy Life Agritec Ltd. advanced, settling at ₹7.75, marking a 4.87% increase for shares. Throughout the session, the shares traded completely flat, with the intraday range locked at ₹7.75.

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