Reappointment of Mr. B Shantilal (DIN:00719808) as a Managing Director of the company. Reappointment of Mr. Akshat Jain (DIN:08424334 )as the whole time director ofthe company. Appointment ....
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The board of Sunil Agro Foods, at its meeting on May 29, 2025, approved the re-appointment of Mr. B. Shantilal (DIN: 00719808) as Managing Director for 3 years (October 1, 2025 to September 30, 2028). It also re-appointed Mr. Akshat Jain (DIN: 08424334) as Whole Time Director for 3 years (June 1, 2025 to May 31, 2028). Mr. B. Shantilal is a founding promoter with over 30 years of experience, while Mr. Akshat Jain holds a degree in Business Administration. Additionally, Mrs. Kalaivani S, a Practising Company Secretary with over 6 years of experience, was appointed as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30). All appointments are subject to shareholder approval at the upcoming AGM.
This is largely a continuity announcement with no change in leadership direction — key managerial positions remain with the promoter family. The appointment of a new secretarial auditor is routine. Shareholders should note the strong promoter family presence on the board, which may be viewed as a governance concern by some institutional investors.