Euro India Fresh Foods Limited has informed the Exchange regarding Appointment of Mr. Dinesh J. Sanspara as Managing Director of the company w.e.f. September 01, 2025.
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The Board of Euro India Fresh Foods has approved the re-appointment of Mr. Dinesh Jivanbhai Sanspara as Joint Managing Director for a fourth term of 3 consecutive years, from September 1, 2025 to August 31, 2028. Mr. Sanspara, aged 56, is a promoter of the company and has been on the board since the company's incorporation. He handles sales, marketing, advertising, product promotion, distribution and sales fund arrangements. The re-appointment is subject to shareholder approval at the upcoming Annual General Meeting. His remuneration will be decided by the Board within the limits prescribed under the Companies Act, 2013.
This is a routine re-appointment of an existing promoter-director, ensuring management continuity with no change in leadership. Shareholders should note that the Sanspara family holds multiple board seats (including the JMD, his brother, wife, son, and nephew as Additional Executive Director), which is a governance factor to watch but not unusual for small promoter-driven companies.