Kohinoor Foods Limited — Important, 22-04-2025: Updates

Kohinoor Foods Limited conducted a postal ballot to obtain shareholder approval for the sale of its rice factory located in Murthal, Haryana, on a slump sale basis. The result of the voting indicated a unanimous approval from the shareholders, as the resolution was passed by a requisite majority, reflecting strong support for the proposed transaction.

The voting process was executed through remote e-voting, with a total of 53,859 shareholders eligible to vote. The e-voting commenced on March 23, 2025, and concluded on April 21, 2025. The scrutiny report confirms that 100% of the votes cast were in favor of the resolution, indicating a positive outlook on the company’s strategic decision to streamline operations by divesting non-core assets. This move could enhance cash flow and focus on more profitable avenues, signaling a strategic shift that investors should monitor closely.