AWL Agri Business Limited has informed the Exchange about change in Management - Key Managerial Personnel and Senior Managerial Personnel as per attached
AWL · price
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AWL Agri Business (formerly Adani Wilmar) announced a top-level leadership reshuffle effective November 4, 2025. Shrikant Kanhere, currently the Deputy CEO & CFO, has been elevated to Managing Director & CEO for a three-year term, subject to shareholder approval. Angshu Mallick, the outgoing MD & CEO (with the company since 1999), moves to Executive Deputy Chairman until March 31, 2027. COO Saumin Sheth joins the board as Executive Director & COO. Kuok Khoon Hong (Wilmar International Chairman) is re-designated from Non-Executive Vice-Chairman to Non-Executive Director. Kanhere relinquished the CFO post, and Pankaj Goyal, the Finance Controller, has been named Interim CFO.
Continuity-focused succession: Angshu Mallick stays on as Executive Deputy Chairman, softening any transition risk, while an internal promotion (Kanhere) should reassure investors. Watch for shareholder approval timelines and the search for a permanent CFO. The reshuffle itself is unlikely to be a negative trigger, but near-term focus will be on strategic continuity under new leadership.