Intimation under Regulation 30 of SEBI LODR in respect of appointment of Mr. Shobhit Nagarkar as a CEO of the Company.
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Neopolitan Pizza and Foods Ltd has appointed Mr. Shobhit Nagarkar as the new Chief Executive Officer of the company, effective 13th November 2025. The appointment was approved by the Board of Directors at its meeting held on the same day, under Section 203 of the Companies Act, 2013. Mr. Nagarkar brings over 16 years of experience across IT, finance, consulting, and professional associations, with prior leadership stints at TCS, Muthoot Finance, Suprfam, and most recently as CEO of Baroda Management Association. He holds an MBA in Human Resources and specialises in strategic HR leadership, organisational development, and business transformation.
A new external CEO with a diverse corporate background takes charge, which could signal a strategic shift or professionalisation of leadership. For shareholders, this may bring focus on operational and growth strategy execution, though the new CEO's effectiveness with the food business will be closely watched.