Newtrac Foods & Beverages Ltd (514060)

Newtrac Foods & Beverages Ltd has scheduled a Board of Directors meeting on Tuesday, September 1, 2026. The agenda includes reviewing and approving the Director's Report for FY 2025-2026 and finalizing the notice, date, time, and venue for the upcoming Annual General Meeting (AGM). The announcement is a standard compliance requirement under SEBI LODR Regulation 29 with no immediate operational impact.

• Board meeting scheduled for Tuesday, September 1, 2026
• Board to approve the Director's Report for the Financial Year 2025-2026
• Meeting to fix the date, place, and timing of the upcoming Annual General Meeting
• Trading window closure initiated pursuant to SEBI regulations

Newtrac Foods & Beverages Limited has approved the appointment of two Additional Directors in the capacity of Independent Directors on August 25, 2026. The appointees are Mr. Gurunath Jairam Gurav, who brings experience in accountancy and financial management, and Mr. Rathindranath Bishnupada Ghosh, experienced in commodity trading. Both appointments are subject to shareholder approval. The company currently operates with a market capitalization of Rs 26 Cr and recorded TTM revenue of Rs 25 Cr.

• Appointment of 2 Independent Directors approved on August 25, 2026
• Board meeting commenced at 3:00 P.M. and concluded at 3:30 P.M.
• Appointments remain subject to the approval of company shareholders

Newtrac Foods & Beverages Limited has approved the appointment of two Additional Directors in the capacity of Independent Directors on August 25, 2026. The appointees are Mr. Gurunath Jairam Gurav, with a background in accountancy and financial management, and Mr. Rathindranath Bishnupada Ghosh, experienced in commodity trading. Both appointments take effect from August 25, 2026, and are subject to shareholder approval at an upcoming general meeting.

• Appointed 2 Independent Directors effective August 25, 2026
• Gurunath Jairam Gurav appointed to strengthen accounting and financial oversight
• Rathindranath Bishnupada Ghosh appointed to support commodity trading strategy
• Both appointments remain subject to approval by the company's members

Newtrac Foods & Beverages Limited has intimated that a meeting of its Board of Directors is scheduled for August 25, 2026. The primary agenda item is the discussion and approval of the appointment of Directors. The micro-cap company has a market capitalization of ₹23 Cr and reported a TTM net loss of ₹-7 Cr on TTM revenue of ₹25 Cr. Promoter holding remains low at 18.5%.

• Board of Directors meeting scheduled for Tuesday, August 25, 2026.
• Agenda includes discussion on the appointment of Directors.
• Announcement dated August 17, 2026 submitted pursuant to Regulation 29(1) of SEBI LODR.
• Company market cap stands at ₹23 Cr with promoter holding at 18.5%.

Newtrac Foods & Beverages Ltd (formerly Markobenz Ventures) has proposed the appointment of Ms. Nishi Jayantilal Jain as Company Secretary and Compliance Officer. This appointment fills a vacancy created by the resignation of the previous officer and is subject to final board approval. The company is currently facing significant financial headwinds, with FY26 revenue declining 74.5% to ₹16.32 Cr from ₹64.08 Cr in FY25. Additionally, the company reported a net loss of ₹6.37 Cr for FY26, while promoter holding remains low at 18.5%.

• Ms. Nishi Jayantilal Jain (ACS 44254) proposed as the new Company Secretary and Compliance Officer
• FY26 annual revenue fell to ₹16.32 Cr from ₹64.08 Cr in the previous year
• Company reported a net loss of ₹6.37 Cr in FY26 compared to a profit of ₹1.8 Cr in FY25
• Promoter holding is currently low at 18.5% as of March 2026
• ROCE stands at a negative 69.5%, indicating severe capital inefficiency

Mr. Drumil Ashok Gandhi has resigned from his position as an Independent Director of Newtrac Foods & Beverages Ltd, effective July 30, 2026. The resignation is attributed to personal reasons and increasing professional commitments, with the director confirming there are no other material reasons. This management change occurs as the company faces severe financial headwinds, including a 74.5% drop in annual revenue from FY25 (₹64.08 Cr) to FY26 (₹16.32 Cr) and a negative ROCE of 69.5%.

• Resignation of Independent Director Drumil Ashok Gandhi effective from July 30, 2026.
• Company reported a significant net loss of ₹6.37 Cr for FY26 compared to a profit of ₹1.8 Cr in FY25.
• Annual revenue declined sharply to ₹16.32 Cr in FY26 from ₹64.08 Cr in the previous year.
• Promoter holding remains low at 18.5% as of March 2026.
• Director confirmed no other material reasons for resignation beyond professional and personal commitments.