Baba Food Processing appoints Prof. Sujit as Independent Director

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AI summary

Baba Food Processing Board's Nomination and Remuneration Committee has approved the appointment of Prof. Dr. Koyilathumpaday Sukumaran Sujit as Non-Executive Independent Director effective October 17, 2026. The appointment is for a proposed five-year term, subject to shareholder approval by special resolution. He holds a Ph.D. and M.Phil. in Economics and is a Professor at Christ University Bengaluru. He holds no shares, has no other listed company roles, and no relationship with existing directors.

Likely market impact

Routine governance event. Appointment of an academic economist to the board, with no immediate material impact on operations or financials.