Please find the attached Outcome of Board meeting without Intimation dated Saturday, 25th October, 2025
Awaiting price reaction for this filing.
The Board of Univa Foods Limited, at its meeting on 25th October 2025, approved the appointment of two Non-Executive Independent Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Sachin Shivaji Wagh (DIN: 01056774), an MBA in Finance, has been appointed for a 5-year term from 25th October 2025 to 24th October 2030. Mrs. Kinjal Bhavin Gandhi (DIN: 09376071), who holds an IICA certification in governance, has also been appointed for the same 5-year term. Both directors have confirmed they meet the independence criteria under the Companies Act, 2013 and SEBI LODR Regulations, and are not debarred by SEBI from holding directorship. Both already serve on the boards of other listed companies such as Yogi Limited, Mercury EV-Tech Limited, and Mangal Compusolution Limited. The appointments are subject to shareholder approval.
This is a routine governance action that strengthens the board with two additional independent directors. It is not expected to materially impact stock price, though it may improve board composition and compliance with independent director requirements.