Board Meeting Outcome for Submission Of Outcome Of Board Meeting
Awaiting price reaction for this filing.
The Board of Vadilal Dairy International met on 1st September 2025 and approved the notice for the 38th Annual General Meeting scheduled for 25th September 2025 to be held via video conferencing. The Board also approved the Directors' Report for FY ending 31st March 2025 and set the book closure period from 19th to 25th September 2025, with the cut-off date for e-voting eligibility on 18th September 2025. E-voting will be open from 22nd to 24th September 2025. Mr. Suhas Ganpule of M/s SG & Associates was appointed as Scrutinizer for the AGM and as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. Additionally, Mr. Shailesh Gandhi was re-appointed as Managing Director and Mr. Rahil Gandhi as Whole Time Director, both for 5 years effective 26th August 2025, while Mr. Mahesh Kelkar was re-appointed as Non-Executive Independent Director for 5 years effective 25th December 2025, all subject to shareholder approval at the AGM.
This is a routine governance update with no material financial impact. The director re-appointments indicate continuity in leadership, which is positive for stability, while the AGM-related approvals are standard compliance items that shareholders should note for voting eligibility.