Disclosure under Regulation 30 about Appointment and Resignation of Directors.
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Chambal Breweries & Distilleries Ltd has informed the stock exchange about a major board overhaul driven by a change in management through takeover, effective 18 January 2026. The Managing Director and Chairman, Mr. Parasram Jhamnani, along with three other directors - Mrs. Amrita Modi, Independent Director Mr. Rinku Goyal, and Independent Director Mr. Anmol Jindal - have all resigned. None of the outgoing directors reported any material reason other than the takeover. In their place, Mr. Gaurav Sharma, a seasoned HR leader with over 22 years of experience, has been appointed as an Additional Independent Director. All the outgoing directors held nil shareholding in the company. The filing notes no debarment orders against the incoming director from SEBI or any other authority.
A complete board reshuffle triggered by a takeover signals a major change in ownership/control of the company, which investors should watch closely for further disclosures on the new management's strategy, open offer obligations, and potential changes in business direction.