Nakoda Group of Industries Limited — Others, 27-03-2025: Related Party Transactions

The company has announced a board meeting where shareholders approved an expansion of its business scope to include various non-alcoholic beverages, such as sparkling and flavored drinks. This strategic move aims to tap into a new market segment, potentially enhancing revenue streams. Additionally, a related party transaction was considered with Mr. Jayesh Choudhary for a nominal annual royalty of ₹100, allowing the company to use the "NOCTRL" trademark through FY 2031-32. This arrangement is seen as cost-effective, minimizing regulatory burdens while supporting brand growth. Investors may view this expansion positively, signaling opportunities for increased market presence, though risks remain tied to execution and market acceptance.