Intimation of Change in Designation of Mr. Sunil Kumar Shahi (DIN: 01887403) as the Managing Director and Chairman of the company and Regularisation of Mr. Ayush Munnalal Sharma (DIN: 06628387) ....
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Desi Farms India Ltd (formerly SER Industries Limited, BSE scrip: 507984) has informed the stock exchange of two board-level changes approved by shareholders, both effective January 20, 2026. Mr. Sunil Kumar Shahi has been re-designated as Managing Director and Chairman for a five-year term; he brings over 25 years of experience across automotive, electric mobility, finance, energy and agritech, and was formerly CEO of Greaves Cotton Limited. Mr. Ayush Munnalal Sharma, a practicing advocate with expertise in corporate and commercial law, has been appointed as Independent Director for a five-year term. The disclosure has been made under SEBI Listing Regulations, and detailed profiles are enclosed as an annexure.
These changes consolidate leadership under Mr. Shahi (who also becomes Chairman) while adding legal expertise to the board. Shareholders should note that Mr. Shahi is the brother of existing Director Mr. Anil Kumar, indicating family representation at the top of the company. The re-designation formalises an existing director's expanded role rather than introducing new external management.