On 16th October 2025, J R Foods Limited, a listed company on BSE Limited, issued a clarification regarding a clerical and typographical error in its earlier disclosure submitted on 15th October 2025. The disclosure was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR). The company stated that the inadvertent mistake occurred in the name of the newly appointed director and assured that the error was unintentional and not deliberate.

The clarification letter was sent to the Listing Department of BSE Limited, confirming that the revised outcome of the Board Meeting has been submitted after rectifying the error. The company highlighted its commitment to good corporate governance and transparency in its filings with stock exchanges.

The Board Meeting of J R Foods Limited was held on 15th October 2025 through virtual mode. The meeting commenced at 7:15 P.M. and concluded at 7:35 P.M.. During this meeting, the Board of Directors considered and approved several important agenda items. These included:

1. Implementation of the NCLT Order, which had implications for the company’s operations and restructuring.

2. Appointment of Mr. Bhamidipati Suryaprakash (DIN: 03030632) as an Independent Director of the company for a period of five years, effective from 15th October 2025. His appointment was made under the provisions of Sections 149(6), 150, and 152 of the Companies Act, 2013, in compliance with SEBI regulations.

3. Updating corporate information data on the BSE website by removing the names of G Ashokkumar and P Ramamoorthy, whose records were earlier updated during the CIRP (Corporate Insolvency Resolution Process) but have since been removed from the MCA (Ministry of Corporate Affairs) website.

In the detailed disclosure, the company provided a profile of Mr. Bhamidipati Suryaprakash, who is a Company Secretary by profession with extensive experience in Company Law, Securities Law, Finance, ESG, FEMA, and Secretarial Audits. He has also confirmed that he is not related to any existing directors of J R Foods Limited and is not debarred from holding the office of Director by SEBI or any other authority. This ensures that his appointment aligns with the regulatory requirements under SEBI circulars dated July 11, 2023, and July 13, 2023.

The company, in its clarification letter dated 16th October 2025, emphasized that the earlier error in the disclosure was purely clerical in nature. Such errors, though inadvertent, have to be promptly corrected to maintain investor confidence and regulatory compliance. J R Foods Limited stated that the revised Board Meeting outcome has been filed with BSE to ensure accuracy and transparency in its corporate communications.

This step highlights the importance of timely corrections in regulatory filings, especially under the stringent framework of SEBI LODR Regulations. Even minor mistakes, if left uncorrected, could lead to miscommunication with stakeholders, regulators, and shareholders. By issuing a clarification and filing a revised outcome, J R Foods Limited has demonstrated its commitment to responsible disclosure practices.

Furthermore, the appointment of an Independent Director like Mr. Suryaprakash is a significant move for the company, as independent directors play a critical role in strengthening corporate governance, ensuring transparency in decision-making, and safeguarding the interests of minority shareholders. His professional background in compliance and advisory roles further adds value to the Board of J R Foods Limited.

The implementation of the NCLT Order also marks an important milestone for the company, signifying progress in restructuring and compliance-related processes. Updating the corporate information records on BSE ensures alignment with the MCA database, which is crucial for maintaining the integrity of publicly available company data.

In conclusion, the J R Foods Limited Board Meeting outcome revised after clerical error clarification reflects the company’s efforts to uphold transparency and accountability. By quickly addressing the error, the company has reassured regulators, investors, and stakeholders of its commitment to SEBI LODR compliance. This development also underscores the increasing importance of accurate regulatory disclosures in India’s corporate governance framework.

The news regarding J R Foods Limited disclosure update, Board Meeting outcome, and appointment of an Independent Director has drawn attention in the corporate sector. It highlights how listed companies must remain vigilant in their BSE filings and SEBI disclosures. Timely communication and corrections not only protect the company’s reputation but also help build long-term investor trust.

Overall, the incident demonstrates that clerical errors in filings, though unintentional, must be immediately rectified. J R Foods Limited’s action serves as an example of good corporate governance, aligning with the expectations of SEBI, BSE, and shareholders. This reaffirms the company’s intent to maintain a high standard of compliance and disclosure practices in the Indian capital market.

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