Annual Report 2025-26

AVTNPL/SE/2026-27 July 24, 2026 The Listing Manager National Stock Exchange of India Limited BSE Limited “Exchange Plaza” Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra East, Mumbai - 400 001 Mumbai - 400 051 Stock Code – 519105 Stock Code - AVTNPL Dear Sir / Madam Sub: Annual Report – FY 2025-26 Pursuant to Regulation 34 (1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we herewith submitting the Annual Report for the Financial Year 2025-26. Pursuant to Regulation 36 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the Annual Report 2025-26 will be sent through electronic mode to all the members whose e-mail ids have been registered with the Company / Depository Participants. A letter providing the web-link, including the exact path, where complete details of the Annual Report is available will be sent to the members whose e-mail addresses are not registered with Company / Depository Participants. The Annual Report is available on the website of the Company viz., www.avtnatural.com This is for your kind information and record. Thanking you, Yours faithfully, For AVT NATURAL PRODUCTS LIMITED P. MAHADEVAN Company Secretary & Compliance Officer Membership No. F9150 Encl : As above 40th3 A9tnh Annunaual lR Reeppoortr t 2025-2026 2024-2025 Natural Ingredients for Life Vision To enrich lives by being a global leader in natural ingredient solutions. Mission To improve the everyday quality of life through our products and services by relying on our ethos of being innovation-driven and customer-centric. AVT NATURAL PRODUCTS LIMITED BOARD Of DIRECTORS PLANT LOCATIONS Mr. Ajit Thomas, Chairman SF No. 234/1, Mysore Trunk Road, Puduvadavalli, Mr. M.M Venkatachalam Sathyamangalam – 638 401, Erode District, Tamil Nadu. Mr. Ranganath N Krishna Tel. No.: 04295 - 243220 Mrs. Kavitha Vijay HL No. 1182, Halkurke Village, Honnavalli Hobli, Mr. Rahul Thomas Tiptur Taluk - 572 202, Tumakuru District, Karnataka. Mr. Siddharth Thomas (w.e.f. 09.06.2026) Tel. No.: 08134 - 264177 Mr. A D Bopana (Till 25.08.2025) Mrs. Shanthi Thomas (Till 09.06.2026) Plot No.225/1A, 5-7, Kaipoorikkara, South Vazhakulam, Marampilly Post, Aluva – 683105, AUDIT COMMITTEE Ernakulam District, Kerala. Mr. M M Venkatachalam, Chairman Tel. No.: 0484-2848240, Fax: 0484 - 2677512 Mr. Ajit Thomas Mr. Ranganath N Krishna SUBSIDIARY COMPANIES Mrs. Kavitha Vijay AVT Natural Europe Ltd., Mr. A D Bopana (Till 25.08.2025) 2, Calico House, Clove Hitch Quay, Mr. Rahul Thomas(Till 25.08.2025) Plantation Wharf, London SW 113TN NOMINATION & REMUNERATION AVT Natural S.A. DE C.V. COMMITTEE IzA Business Center Mr. M M Venkatachalam, Chairman Blv. Bernanrdo Quintana Arrioja Mrs. Kavitha Vijay 300, Torre 57, Piso 14, Centro Sur, Queretaro, Mr. Rahul Thomas Santiago De Queretaro, Mexico, C.P 76090 AVT Natural - FzCO STAKEHOLDERS RELATIONSHIP Dubai Silicon Oasis, DDP, Building Al, COMMITTEE Dubai, UAE, Post Box No.342001 Mr. Ajit Thomas, Chairman AVT Natural DWC-LLC Mr. Rahul Thomas Business Centre, 3rd Floor, Mrs. Kavitha Vijay (w.e.f 25.08.2025) Building A3, Business Park, Dubai South Mr. A D Bopana (Till 25.08.2025) AVT Natural North America Inc, CORPORATE SOCIAL RESPONSIBILITY (Wholly owned subsidiary of AVT Natural Europe Ltd.,) COMMITTEE 1013 Centre Road, Suite 403S, Delaware, Wilmington, Mr. Ajit Thomas, Chairman New Castle, zip code - 19805 Mr. Rahul Thomas Mrs. Kavitha Vijay REGISTERED OffICE 60, Rukmani Lakshmipathy Salai, RISK MANAGEMENT COMMITTEE Egmore, Chennai – 600 008. Mrs. Kavitha Vijay, Chairperson Tel.: 044-28584147, Fax: 044-28584147 Mr. Ajit Thomas E-mail: avtnpl@avtnatural.com Mr. Rahul Thomas Web: www.avtnatural.com Mr. A D Bopana (Till 25.08.2025) CIN: L15142TN1986PLC012780 KEY MANAGERIAL PERSONNEL Mr. M N Satheesh Kumar, Manager (Till 27.05.2026) Contents Page No. Mr. K Nandakumar, Manager & CEO (w.e.f 28.05.2026) Notice to the Shareholders 2 Mr. A. Ramadas, Sr. Vice President and CFO Directors’ report 14 Mr. P. Mahadevan, Company Secretary Business Responsibility Report 30 AUDITORS Management Discussion and M/s Suri & Co., Analysis Report 62 Chartered Accountants, Corporate Governance Report 65 No.443 & 445, Fourth Floor Guna Complex Main Building, Anna Salai Independent Auditors’ Report 82 Teynampet, Chennai - 600 018 Balance Sheet 92 Statement of Profit and Loss 93 BANKERS Bank of Baroda Cash Flow Statement 94 State Bank of India Statement of Changes in Equity 96 Citibank N.A., Notes on Accounts 97 T he Hongkong and Shanghai Financial Highlights 150 Banking Corporation Limited The Federal Bank Limited Consolidated Statements 151 NOTICE TO SHAREHOLDERS NOTICE is hereby given that the fortieth Annual General read with Schedule V to the Act and the Rules made Meeting of the Company will be held at 11.30 am Indian thereunder, as amended from time to time, approval Standard Time (IST) on Monday, the 17th August 2026 of the Members of the Company be and hereby through Video Conference (VC) / Other Audio Visual accorded for appointment of Mr. K Nandakumar, as Means (OAVM) to transact the following business: Manager & Chief Executive Officer, designated as Key Managerial Personnel of the Company, to hold ORDINARY BUSINESS the office for a period of 5 (Five) years w.e.f. May 28, 2026 to May 27, 2031 on a remuneration by way of 1. To receive, consider and adopt the audited financial salary, allowances, benefits, performance incentive statements including the consolidated financial and perquisites, as are applicable and as may be statements of the Company for the financial year decided by the Board of Directors of the Company ended March 31, 2026, and the reports of the Board from time to time, within overall limits specified under of Directors and Auditors thereon. section 197 of the Companies Act 2013 read with the 2. To declare a Final Dividend schedule V of the Companies Act, 2013, as in force 3. To appoint a Director in place of Mr. Rahul Thomas from time to time. (DIN: 09762551), who retires by rotation and is RESOLVED fURTHER THAT Mr. K Nandakumar, eligible for re-appointment. be paid the following Managerial Remuneration within the overall limit specified under section 197, SPECIAL BUSINESS from the date of his appointment w.e.f. May 28, 2026 to May 27,2031. 4. APPOINTMENT Of MR. SIDDHARTH THOMAS Remuneration AS NON-EXECUTIVE DIRECTOR To consider and if thought fit, to pass with or without Basic Salary Rs.6,15,000/- modification(s), the following Resolution as an per month in the scale of Rs. ORDINARY RESOLUTION: 5,00,000 - Rs.10,00,000/- with Salary annual increment as may RESOLVED THAT pursuant to the provisions of be decided by the Board of Section 152 and other applicable provisions of the Directors from time to time. Companies Act, 2013 read with the Companies (Appointment and Qualification of Directors) Rules, Special Rs. 2,20,000/- per month 2014, Mr. Siddharth Thomas (DIN: 07431990), Allowance who was appointed as an Additional Director of the Other Allowance Rs.3,57,000/- per month Company with effect from 9th June 2026 by the Board Perquisites of Directors of the Company pursuant to Section such as medical 161(1) of the Companies Act, 2013 and the Articles for self and of Association of the Company and who holds office family, electricity upto the date of this Annual General Meeting, and charges, gas being eligible, offer himself for appointment and in Subject to a maximum of charges, water respect of whom the Company has received a notice Rs.4,80,000/- per annum charges, in writing under Section 160 of the Companies Act, leave travel 2013 from a member signifying his intention to allowance, fuel propose the candidature of Mr. Siddharth Thomas & maintenance for the office of Director, be and is hereby appointed etc., with effect from the date of this Meeting as a Director of the Company, liable to retire by rotation. As may be decided by the Board of Directors subject to 5. APPOINTMENT Of MANAGE [Showing first 8,000 characters — download PDF for full document]