Bangalore Fort Farms Ltd — Dividend/Bonus, 29-08-2025: Corp. Action

Bangalore Fort Farms has announced its 58th Annual General Meeting, seeking approval for a substantial boost in authorized share capital from Rs. 5 Crore to Rs. 25 Crore to fuel future expansion. The company is also restructuring its leadership, appointing Mr. Deepak Kandoi as Managing Director and re-designating Mr. Mahendra Singh as Whole-time Director. Three new Independent Directors are joining, bolstering board oversight. Plans include changing the company name to 'Grameva Limited' or 'Grameva Fort Farms Limited' to align with its evolving business. Financially, gross revenue grew 10.9% to Rs. 41.41 Cr, and net profit climbed 44% to Rs. 0.49 Cr. No dividend was declared, prioritizing future growth.