Swojas Foods Ltd Approves Q2 Financial Results, Schedules 12th AGM, and Sets Borrowing Limit at INR 30 Crores

Swojas Foods Ltd Approves Q2 Financial Results, Schedules 12th AGM, and Sets Borrowing Limit at INR 30 Crores​

Swojas Foods Limited, formerly known as Swojas Energy Foods Limited, has announced several key outcomes from its Board of Directors meeting held on August 11, 2026. The board approved the unaudited financial results for the quarter ended June 30, 2026, alongside matters pertaining to the upcoming Annual General Meeting (AGM).

Financial Performance Highlights

The company’s Board reviewed and approved the Unaudited Financial Results (Standalone) for the quarter ended June 30, 2026. The results were presented along with a Limited Review Report by Statutory Auditors.

Key financial figures from the statement are summarized below:


AGM Scheduling and Corporate Appointments

The Board approved the scheduling of the 12th Annual General Meeting (AGM) of Swojas Foods Limited. The AGM is set to be held on Friday, September 11, 2026, at 12:30 PM via Video Conferencing/Other Audio Visual Means (VC/OAVM).

Key dates and appointments approved by the Board include:

• Book Closure Date: Saturday, September 05, 2026 to Friday, September 11, 2026.
• Cut-off Date for AGM Notice: Friday, August 07, 2026.
• Record Date for E-voting: Friday, September 04, 2026.
• E-voting Agency: Purva Sharegistry (India) Private Limited was approved to provide remote e-voting and e-voting during the AGM.

Additionally, the Board considered and approved the Directors' Report for the financial year ended March 31, 2026. The company also appointed Ms. Prity Bishwakarma, a Practising Company Secretary of M/s. Prity Bishwakarma & Co., as the Scrutinizer for the upcoming 12th AGM.

Financial Powers and Leadership Approvals

The Board took several resolutions regarding corporate structure and financial limits for approval by shareholders at the ensuing 12th AGM:

• Borrowing Powers: The company's borrowing powers under Section 180(1)(C) of the Companies Act, 2013 were approved up to INR 30 Crores.
• Charges and Mortgages: Approval was granted for the creation of charges and mortgages on the Immovable and Movable Properties of the company under Section 180(1)(A) of the Companies Act, 2013, up to INR 30 Crores.
• Investment Powers: The Board approved making investments, providing loans, and giving guarantees in excess of limits prescribed under Section 186 of the Companies Act, 2013, up to INR 30 Crores.
• Director Re-appointment: A resolution was passed regarding the re-appointment of Mr. Pallav Pareshkumar Dave (DIN: 10719185), who retires by rotation and offered himself for re-appointment.

Warrants Issue and Fund Utilization

Swojas Foods Ltd provided a statement on the utilization of proceeds from the Preferential Issue of Convertible Equity Share Warrants ("Warrants"). The company received total proceeds amounting to 2,517.82 K in Lakhs as of June 30, 2026.

The funds were utilized across different categories:


The company confirmed that the utilization is in accordance with the objects stated in the offer documents and resolutions passed for the Warrants issue. Furthermore, it was noted that during the reporting period, 3,984,500 warrants were converted into equity share capital, and the company received the full exercise consideration against these shares.

Stock Price Movement​

As of 13:52, Swojas Foods Ltd is edging higher, trading at ₹8.90, which marks a strong gain of 1.48%. Shares have moved throughout the session, seeing an intraday fluctuation between a low of ₹8.45 and a high of ₹9.00.