Narmada Agrobase Approves Auditor Re-appointment and Outlines 14th Annual General Meeting Details
Narmada Agrobase Limited announced several key decisions following its Board of Directors meeting held on June 16, 2026. The board approved the re-appointment of statutory auditors and appointed an internal auditor for the upcoming financial year. Furthermore, the company set the date for its 14th Annual General Meeting (AGM) and addressed matters related to a pending rights issue variation.The Board considered and approved the re-appointment of Jain Kedia and Sharma Chartered Accountants as Statutory Auditors for another four years, subject to shareholder approval. Simultaneously, Mr. Rajesh Kumar was appointed as the Internal Auditor for the financial year 2026-2027.
Details regarding the newly appointed internal auditor are provided below:
| Attribute | Details |
|---|---|
| Name of the Internal Auditor | Rajesh Kumar |
| Membership No. | 177156 |
| FRN | 039365C |
| Period of Appointment | For the Financial Year 2026-2027 |
The company also approved its Directors Report and all related annexures for the financial year ending March 31, 2026.
In preparation for the upcoming AGM, the Board approved the notice calling the 14th Annual General Meeting. This meeting is scheduled to be held on Saturday, July 18, 2026, at 11:30 A.M. (IST) via video conferencing or other Audio-Visual Means.
In addition to the AGM scheduling, the board approved the appointment of Mr. Punit Santoshkumar Lath as Scrutinizer for the e-voting process concerning resolutions proposed at the 14th Annual General Meeting.
The Board also considered and approved a variation in the object of the Rights Issue. This modification addresses the utilization of funds from the net proceeds of the equity shares issue, amending the objects previously stated in the Letter of Offer dated September 17, 2024, subject to shareholder approval and other necessary approvals.
NARMADA Stock Price Movement
Narmada Agrobase Limited shares today slipped by 0.24% to settle at ₹37.1, closing slightly down from yesterday’s close. The stock traded on a volume of 669,711 shares and finished near the lower end of its trading band after touching an intraday low of ₹36.66.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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