Valencia Nutrition Board Meeting Outcome
Valencia Nutrition Ltd approved multiple slump sales of its business undertakings and director changes. The board also authorized altering the memorandum's object clause and calling the AGM.
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Valencia Nutrition Ltd approved multiple slump sales of its business undertakings and director changes. The board also authorized altering the memorandum's object clause and calling the AGM.
Valencia Nutrition's board approved issuing a No Objection Certificate for the use of its trademark "Valencia". This allows new promoter-linked entities to use the brand for corporate incorporation.
Valencia Nutrition Limited approved the dissolution of its 99% owned partnership, Suryavathi Beverages, and the subsequent slump sale of its assets to a wholly owned subsidiary for ₹1.50 Crore. The transaction is part of an internal restructuring to consolidate holdings and focus management. The sale is expected to be completed within 15 days.