In continuation of the earlier outcome given today i.e 27th May, 2026, we hereby intimate the change in Management, and enclosing the required annexures as follows; Appointment of Internal ....
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Sunil Agro Foods Limited announced three management changes on May 27, 2026. First, the company re-appointed Messrs. Nainegli & Co. as Internal Auditors for one year for FY 2026-27. Second, Mr. Pramod Kumar S was re-appointed as Whole Time Director designated as CEO for 3 years from November 1, 2026, subject to shareholder approval. He is a company promoter and will continue as CEO. Third, Mr. B Shantilal resigned as Managing Director effective from closing business hours on May 27, 2026, citing advancing age as the reason. The board meeting lasted about 70 minutes to consider these items.
The resignation of the Managing Director due to age marks an end of tenure for Mr. B Shantilal, but continuity appears secured as the CEO is being reappointed for 3 more years. The transition is smooth with a clear succession plan in place, which should limit negative shareholder impact.