Announcement under Regulation 30 (LODR) - Change in Directorate
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jay Kailash Namkeen Ltd held a board meeting on May 8, 2026, approving several key changes. The company appointed Mr. Neel Narendrabhai Pujara as Chief Financial Officer, replacing Ms. Tulsi Neel Pujara who resigned effective May 7, 2026. Ms. Pooja Jamnabhai Varsani was appointed as Non-Executive Independent Director for a 5-year term. Additionally, Mr. Aadi N Kalavadia's designation changed from Executive Director to Non-Executive Director. Four directors resigned on May 7: Ms. Tulsi Neel Pujara (Whole-time Director & CFO), Mr. Hasmukhrai N Bhagdev (Non-Executive Director), Mr. Mitul Vinodbhai Undhad (Independent Director), and Mr. Raghuraj Miteshbhai Rupareliya (Independent Director). The statutory auditor also changed from M/S. Krishma and Associates to M/S. M S N J & Associates. All committees were reconstituted.
The company experienced significant leadership churn with the CFO and multiple directors resigning simultaneously. The board reconstitution and auditor change may raise governance concerns for investors, though the new appointments fill the vacancies.