Pursuant to Regulation 30 of SEBI (LORD) Regulation, 2015 we wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of ....
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Suryo Foods & Industries Ltd has appointed Mr. Aditya Dash as the Chief Executive Officer of the company with effect from May 29, 2025. Mr. Dash, aged 40, was already serving as an Executive Director on the board and holds a degree from George Washington University along with a certification in sustainable Aquaculture from the University of St. Andrews, Scotland. The appointment was made by the Board on the recommendation of the Nomination and Remuneration Committee. The filing also discloses that Mr. Aditya Dash is the son of Mr. Amarendra Dash (Chairman and Managing Director) and Mrs. Annapurna Dash (Non-Executive Director), confirming a clear promoter family connection at the top of the company.
This is an internal succession move elevating the promoter family's son into the CEO role, which reinforces concentrated family control at the leadership level. For shareholders, it brings leadership continuity but also highlights governance risks tied to family-dominated decision-making.