Please find the attached Outcome of Board meeting without Intimation dated Thursday, 02nd April, 2026
Awaiting price reaction for this filing.
Univa Foods Limited's Board of Directors met on April 2, 2026, and approved the appointment of two new Additional Non-Executive Independent Directors: Mr. Jignesh Keshav Barot and Ms. Rinku Saini, each for a 5-year term. Mr. Barot is a law graduate from Mumbai University with expertise in corporate law and regulatory compliance. Ms. Saini is described as a strategic consultant and advisor with expertise in leadership and organizational transformation. Concurrently, the Board noted the resignation of Mr. Sachin Shivaji Wagh and Mrs. Kinjal Gandhi as Non-Executive Independent Directors, effective April 1, 2026. Both resigning directors cited personal reasons and confirmed there are no other material reasons for their departure. The board meeting lasted 30 minutes.
The board composition remains balanced with two new independent directors replacing two outgoing ones, maintaining the independent director count. No immediate material impact on operations expected, though shareholders should note the change in board composition.