Nakoda Group of Industries Limited — Others, 05-03-2025: Shareholders meeting

Nakoda Group of Industries Limited has announced a board meeting on March 27, 2025, to hold an Extraordinary General Meeting (EGM) via video conferencing. Key items include a proposal to amend the company's Object Clause to include non-alcoholic beverages and a related party transaction involving the use of the "NOCTRL" trademark by Whole Time Director Jayesh Choudhary. The board’s approval is necessary for the royalty of ₹100 per annum, which is deemed negligible against the company's consolidated turnover of ₹47.12 crore. This strategic move aims to expand product offerings while minimizing registration costs, potentially positively impacting shareholder value. Investors may view this as an opportunity for growth through diversification.