NACL Industries Limited — Others, 09-05-2025: Shareholders meeting

NACL Industries Limited has announced a board meeting to seek shareholder approval via postal ballot for appointing Mr. Veera Bhadram Garimella as Director and Whole-Time Director for two years starting March 12, 2025. With over 40 years in the agri-industry, Mr. Garimella will receive Rs 3 Cr annually plus 1% of net profits as a performance bonus. The company is prioritizing operational efficiency and cost control to recover from the FY 2023-24 loss caused by external challenges and seasonal impacts on its agri-inputs business. Voting will be electronic.