Avadh Sugar & Energy Limited has informed the Exchange regarding Change in Director(s) of the company.
AVADHSUGAR · price
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The Board of Avadh Sugar & Energy Limited has appointed Mr. Sukhvir Singh (DIN-06645482) as an Additional Director designated as Whole-time Director and Key Managerial Personnel, effective June 11, 2025, for a three-year term subject to shareholder approval. Mr. Singh has over 30 years of experience in the sugar, power and alcohol industry and has been working with the company as Executive President of the Seohara Unit since 2008. The Board also noted the resignation of Mr. Devendra Kumar Sharma (DIN-06498196) as Whole-time Director with effect from the close of business hours on May 26, 2025. Additionally, three KMPs including the new WTD, CFO Mr. Dilip Patodia, and Company Secretary Mr. Prashant Kapoor have been authorized to determine materiality of events for stock exchange disclosures.
This is a routine leadership change with an internal promotion — the new Whole-time Director is a long-serving company executive, which should ensure continuity. No negative governance signals are evident, and the stock is unlikely to see material reaction.