Prospect Consumer Products Ltd

Subject and action

• Prospect commences supplies of DriFrutz retail and gifting products to Deerika; initial dispatch completed.

Distribution expansion

• Expands retail distribution; adds to Hyperpure platform and corporate gifting presence.

Capacity and operations

• Installed capacity 4,800+ MTPA at Changodar facility.

Industry context

• Cashew market in India projected to reach USD 2.9 billion by 2029; CAGR 3.8%.

Management commentary

• Management aims to widen distribution and improve availability across channels.

Supply commencement with Deerika

• Commenced supplies of DriFrutz products to DJT Retailers Private Limited (Deerika), including retail and gifting hampers.

Supply commencement with Deerika

• Commencement of supplies of Drifrutz brand products to DJT Retailers Private Limited (Deerika) as distribution expansion.
• Supplies include retail products and gifting hampers under the DriFrutz brand.
• Counterparty: DJT Retailers Private Limited, trading as Deerika.
• Initial order invoiced 11/10/2026 totaling ₹342,066.28, IGST 5%.
• Company will continue expanding distribution across various channels.

Dematerialisation/rematerialisation status

• RTA confirmed no dematerialisation/rematerialisation requests were received during the period.
• No securities were received for dematerialisation; no certificates were mutilated or cancelled.
• No substitution of the depository's name as registered owner within 15 days.

AGM details

• Date and time: 30 September 2026, 1:00 PM; mode: physical at Ahmedabad venue.
• Meeting duration: 1:00 PM to 2:00 PM.
• Remote e-voting facility provided.

Resolutions

• Ordinary: adopt Audited Standalone Financial Statements and reports.
• Ordinary: reappoint director retiring by rotation.
• Special: increase authorised share capital.
• Special: remuneration for non-executive director.

Voting results

• Results awaiting Scrutinizer's report; not disclosed in filing.

Director changes

• Director to be reappointed; retires by rotation.

Prospect Consumer Products Limited closes trading window from 1 October 2026 until 48 hours after the declaration of the unaudited half-year results for the period ended 30 September 2026

Governance update

• Board adopted revised Board's Report for FY ended 31 March 2026.
• Report will form part of the Annual Report for the 4th AGM on 30 Sept 2026.
• Meeting held on 2 September 2026; no financial details disclosed in this update.

Key approvals and AGM actions

• Authorised share capital increased to ₹8.5 crore by issuing 10 lakh additional equity shares.
• Subject to shareholders' approval at the AGM.
• AGM scheduled for 30 September 2026 at 1:00 PM.
• Register of Members closed 24–30 September 2026 for AGM.
• Cut-off date for voting eligibility: 23 September 2026.
• Approved Directors' Report and Annexure for year ended 31 March 2026.
• Re-appointment of Mrs. Priyanka Vimal Mishra as director liable to rotation.
• Appointed M/s Kadambari Dave & Associates as Scrutinizer for AGM.

Meeting Details

• Meeting scheduled on Thursday, 27 August 2026, at 417, Sun Orbit, B/h Rajpath Club Road, Bodakdev, Ahmedabad-380054, Gujarat.

Key Agenda Items

• Approve date, time, venue and notice for the ensuing AGM.
• Approve Directors' Report with annexures for year ended 31 March 2026.
• Approve e-voting matters and appointment of Scrutinizer for the AGM.
• Approve such other matters in connection with the AGM.

Other Notes

• Former name Prospect Commodities Limited; now Prospect Consumer Products Limited.