Healthy Life Agritec has scheduled its 7th Annual General Meeting for September 26, 2026. The board is seeking shareholder approval for a 9-year, Rs 55 lakh monthly contract manufacturing deal with Yummy Food Industries for beverages and juices. The meeting will also cover financial statement adoption and key leadership appointments, including the re-appointment of director Mohammed Sadiq.
Healthy Life Agritec AGM and Manufacturing Contract Proposal
The 7th Annual General Meeting is scheduled for September 26, 2026, at 12:30 P.M. via virtual conferencing.
The board has proposed a 9-year, Rs 55 lakh monthly contract manufacturing agreement with Yummy Food Industries.
Reader Takeaway: Shareholders will vote on a significant manufacturing deal to boost beverage capacity alongside standard annual governance approvals.
What just happened
Healthy Life Agritec has notified the exchange of its upcoming Annual General Meeting (AGM) to be held on September 26, 2026, via Video Conferencing. Key agenda items include the adoption of audited financial statements for FY 2025-26, the re-appointment of director Mohammed Sadiq, and the appointment of Prachi Bansal as Secretarial Auditor. A critical component of the meeting is the resolution for a material related party transaction with Yummy Food Industries Private Limited.
Why this matters
The proposed contract with Yummy Food Industries represents a long-term strategic commitment for Healthy Life Agritec. Valued at Rs 55 lakh per month for a nine-year term starting June 2026, this deal aims to outsource the production of the company's core beverage portfolio, including carbonated drinks, juices, and fruit crushes. Investors are expected to scrutinize this deal to ensure it adheres to arm's length pricing principles as stated by the board.
Voting and Participation
The remote e-voting window opens on September 23, 2026, and closes on September 25, 2026. Shareholders as of the cut-off date of September 20, 2026, are eligible to cast their votes on the proposed corporate resolutions. The company has mandated that shareholders interested in participating as speakers during the virtual AGM must register in advance.
Governance Update
The board is moving to formalize leadership structures for the next five years. Mr. Mohammed Sadiq, who retires by rotation, is seeking re-appointment to continue his tenure. Additionally, the appointment of Mrs. Prachi Bansal as Secretarial Auditor for the FY 2026-31 period will be subject to shareholder approval.