Reappointment of Mr. Shailesh Gandhi as Managing Director, Mr. Rahil Gandhi as Whole time Director, Mr. Mahesh Kelkar as Independent Director, Appointment of M/s. SG & Associates as secretarial ....
Awaiting price reaction for this filing.
At the 38th Annual General Meeting held on September 25, 2025, shareholders approved the reappointment of Mr. Shailesh Gandhi as Managing Director for 5 years (till August 25, 2030), Mr. Rahil Gandhi (son of Shailesh Gandhi) as Whole Time Director for 5 years (till August 25, 2030), and Mr. Mahesh Kelkar as Non-Executive Independent Director for 5 years (till December 25, 2030). Additionally, M/s. SG & Associates, a Mumbai-based peer-reviewed firm led by Mr. Suhas Ganpule, was appointed as Secretarial Auditor for a 5-year term (FY2025-26 to FY2029-30). All directors were confirmed as not debarred from holding office by SEBI or any other authority. The reappointments reinforce continuity in the promoter Gandhi family's leadership of the dairy and ice-cream business.
This is a routine governance filing that confirms continuity at the top without any change in management or ownership. For shareholders, it means no disruption expected; the promoter family (Shailesh and Rahil Gandhi) continues to lead operations for the next five years, which provides stability but keeps management control concentrated within the family.