Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements)Regulations, 2015, please find the announcement with respect to resignation of director
BNAGROCHEM · price
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BN Holdings Limited announced major leadership changes on May 21, 2025. Mr. Chintan Ajaykumar Shah was appointed as Additional Executive Director and Whole-Time Director (subject to shareholder approval), and will also take over as CEO from May 22, 2025. Mr. Anubhav Agarwal stepped down from his roles as Managing Director and CEO, moving to a Non-Executive Director position to focus on global business ventures outside India. Separately, Mr. Ashutosh Sharma resigned from the Board citing personal and professional commitments. Board committees were also reconstituted accordingly.
Shareholders should note the effective change in top leadership: a new external CEO is taking charge while the former MD/CEO transitions to a non-executive oversight role. This may signal a strategic shift toward international expansion, but could also lead to short-term uncertainty as the new leadership settles in. Shareholder approval will be sought for the Whole-Time Director appointment.