Board re-appoints CMD, CEO and Independent Director; appoints new CFO
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On the reaction day the stock moved 20.2 pts more than Nifty Microcap 250 and 20.3 pts more than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board on Aug 13, 2026 approved re-appointment of Mr Sanjay Kumar Begani as Chairman and Managing Director for 3 years, Mr Anil Kumar Nahata as CEO and Whole-time Director for 3 years, and Mr Yash Wardhan Jain as Non-Executive Independent Director for second 5-year term from Aug 24, 2027. It also appointed Mr Krishan Bagri, MBA and CA Inter with 12 years experience, as CFO effective Aug 14, 2026. Director re-appointments need shareholder approval at the upcoming AGM.
Stable leadership transition with existing top team retained and a new CFO joining. No disruption expected; continuity is maintained.