Australian Dairy Nutritionals Adds Resolution 11 to AGM Agenda to Ratify 89.2 Million Share Additional Placement

Shwetambri Chauhan

10 November 2026 12:56 PM AEDT

Australian Dairy Nutritionals Adds Resolution 11 to AGM Agenda to Ratify 89.2 Million Share Additional Placement

Image Source: Krish Capital Pty Ltd

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Australian Dairy Nutritionals Limited (ASX:AHF) has issued an addendum to its Notice of Annual General Meeting, adding a new resolution seeking shareholder ratification of an Additional Placement involving 89,212,948 fully paid ordinary shares issued at $0.0173 per share to raise A$1,543,384 before costs.

Key Points

The Additional Placement of 89,212,948 shares was issued on 6 November 2026 to sophisticated investors at $0.0173 per share, raising A$1,543,384 before costs.
Resolution 11 has been added to the AGM agenda seeking ratification of the Additional Placement under ASX Listing Rule 7.4 to refresh the company's capacity to issue equity under Listing Rule 7.1.
The AGM is scheduled for 11:00am AEDT on Friday, 27 November 2026, at MUFG offices, Level 10, Tower 4, 727 Collins Street, Melbourne VIC 3008.
Shareholders intending to vote by proxy on Resolution 11 must use the Replacement Proxy Form, with proxy instructions required no later than 11:00am AEDT on Wednesday, 25 November 2026.

Additional Placement Details and Resolution 11

According to the filing, the company received firm commitments from new and existing sophisticated investors to subscribe for 89,212,948 shares at an issue price of $0.0173 per share, raising A$1,543,384 before costs. The shares were issued on 6 November 2026 as an Additional Placement, further to the Strategic Placement that is the subject of Resolution 10 in the original Notice of Meeting. The directors have determined to seek shareholder ratification of the Additional Placement at the AGM for the purposes of ASX Listing Rule 7.4, with the aim of refreshing the company's capacity to issue equity securities under Listing Rule 7.1.

AGM Voting Eligibility and Proxy Arrangements

In accordance with Regulation 7.11.37 of the Corporations Regulations 2001 (Cth), the directors have determined that shareholders registered as of 7:00pm AEDT on Wednesday, 25 November 2026 will be eligible to vote at the AGM. Shareholders who intend to vote by proxy on Resolution 11 must use the Replacement Proxy Form to vote on all resolutions, numbered 1 to 11. The filing states that any previously lodged proxy form will be disregarded if a valid Replacement Proxy Form is subsequently submitted by that shareholder. Proxy instructions must be received no later than 48 hours before the meeting commences.

Voting Exclusion Statement for Resolution 11

The company disclosed it will disregard any votes cast in favour of Resolution 11 by, or on behalf of, any person who participated in the Additional Placement or any associate of such a person. Exceptions apply where a vote is cast by a duly directed proxy or attorney, by the Chair of the Meeting acting on directed instructions, or by a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary who has provided written confirmation they are not excluded from voting. The addendum was dated 10 November 2026 and signed by Company Secretary Elizabeth Spooner.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.