Shah Foods: Jalan family takes over, full board and management reshuffle
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Shah Foods has a complete management change after Ankit and Anuj Jalan completed their open offer and became new promoters. Anuj Jalan appointed Chairman and Managing Director for 3 years, with family members Rajkumar Jalan (uncle) and Daivik Jalan (nephew) joining as Executive and Non-Executive Directors. Three new independent directors (Pragati Goel, Shivam Gupta, Giri Raj Prasar) also appointed for 5 years. New CFO Vikash Agarwal and Company Secretary Vishal Jha hired. Old MD Hemakshi Patel, three independent directors (Bhandari, Singhvi, Joshi), and old CS Namrata Vyas resigned effective 09 July 2026.
Full change of control after takeover. Jalan family now runs the company. New strategy and business direction expected under new promoters and management team.