Nakoda Group of Industries Limited — Board Meeting, 14-02-2025: Outcome of Board Meeting

The Board of Directors of Nakoda Group of Industries Limited has approved the addition of new items to the object clause of the Memorandum of Association, aiming to enter the drinks and beverages segment. An Extra Ordinary General Meeting (EGM) is scheduled for March 27, 2025, to discuss this addition amongst other agenda items. Additionally, the board has sanctioned a related party transaction with Mr. Jayesh Choudhary, the Whole Time Director, for the royalty license use of the trademark "NOCTRL" for an annual fee of ₹0.1 Cr over a seven-year term, contingent on profitability under the trademark.