Intimation of appointment / re-appointment of directors
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At the 52nd Annual General Meeting held on 25 September 2025, shareholders of Milkfood Ltd approved three board changes. Mrs. Preeti Mathur, a Director retiring by rotation, was re-appointed to the board. Mr. Sudhir Avasthi was re-appointed as Managing Director and Whole-Time Key Managerial Personnel for a fresh five-year term, running from 1 July 2026 to 30 June 2031; shareholders also approved his continuation even though he will turn 70 in April 2026. Mrs. Jyotsna Bhatnagar was newly appointed as a Non-Executive Independent Director for a five-year term starting 12 August 2025.
The changes are largely continuity-driven — the Managing Director gets a new long-term mandate and an additional independent director strengthens board composition. No leadership exits or governance red flags are evident, so near-term impact on the stock is expected to be neutral.