Board approves cost auditor re-appointment and director pay hikes for FY26-27
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mayank Cattle Food board approved re-appointment of M/s Tadhani & Co as cost auditor for FY 2026-27 and revised remuneration for five directors, all from the Vachhani family. MD Bharatkumar Vachhani's pay rises from Rs 50L to Rs 72L per annum; WTD Ajay Vachhani also to Rs 72L; CFO Ankit Vachhani from Rs 18L to Rs 25L; WTDs Tanmai and Mayank Vachhani each from Rs 6L to Rs 10L, effective April 1, 2026, subject to shareholder approval. Cut-off date for 28th AGM e-voting fixed at July 24, 2026.
Routine governance and AGM-related items; director pay hikes are modest and require shareholder approval. Likely neutral for stock.