Three new independent directors appointed via postal ballot
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On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 3.4 pts less than its Other Food Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Company approved appointment of three Non-executive Independent Directors via postal ballot. Mr. Vipul Jajodia (regularized, from May 2026), Mr. Ankush Agrawal (from Aug 2026), and Mrs. Lata Garg (from Oct 2026) will each serve 5-year terms. All are unrelated to existing directors and not debarred by SEBI.
Strengthens independent oversight on the board. Standard governance move, no immediate share price impact expected.