Jay Kailash Namkeen Ltd — Important, 02-09-2025: Company Update

Jay Kailash Namkeen's board approved an increase in authorized share capital from Rs. 5 Cr to Rs. 12.5 Cr, signaling potential for future growth. The company also announced the CEO, Mr. Rituraj Singh Solanki, has resigned. A significant operational change is planned, with authorization to sell the current factory and transfer manufacturing to a new leased unit. The board also approved annual accounts, re-appointed Mrs. Tulsi Neel Pujara, regularized Mr. Hasmukhrai Bhagdev, and appointed Mr. Raghuraj Rupareliya as an Independent Director for enhanced governance. Statutory and secretarial auditors were re-appointed for a five-year term. The 4th Annual General Meeting is scheduled.