Reappointment of Mr. Sushil Kumar Goyal, as Managing Director of the Company.
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Ajanta Soya's board, at its meeting on 30 June 2026, approved the re-appointment of Mr. Sushil Kumar Goyal as Managing Director for another 3 years (26 July 2026 to 25 July 2029), subject to shareholder approval. Mr. Abhey Goyal, son of the MD and currently Whole-time Director, was also re-appointed for 3 years (1 July 2026 to 30 June 2029). The board noted the superannuation of CFO Mr. Jai Gopal Sharma from close of business on 30 June 2026, and appointed Mr. Anil Kumar Rana, currently Finance Controller, as the new CFO effective 1 July 2026. Additionally, Mr. Saju Mathew (Vice President, Operations) was designated as Senior Management Personnel effective 1 July 2026. All changes require shareholder approval at the upcoming AGM where applicable.
Investors should note leadership continuity at the top with the founder MD retained for three more years, alongside a father-son presence on the board. The CFO change is a planned, smooth internal succession rather than a disruption, which should be viewed as a neutral-to-positive governance signal.