Appointment of Managing Director
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Typhoon Holdings' board, at its September 26, 2025 meeting, appointed Mr. Hardwari Santoshkumar as Managing Director for a five-year term (subject to shareholder approval) and also as Chief Financial Officer. Mr. Hardwari has experience in marketing and over 5 years in finance, holds no shares in the company, and is not related to any existing directors or promoters. Mr. Pankaj Shah resigned from the post of Managing Director on the same day, citing pre-occupation (personal reasons). Additionally, Ms. Sunita was appointed as a Non-Executive Independent Director for five years, bringing experience in agro commodities trading, marketing, and HR/admin.
This is a complete top-management reshuffle — the previous MD exits and a new MD/CFO takes over alongside a new independent director. Shareholders should watch for the general meeting to confirm the appointments; such leadership changes in a small-cap company can signal a strategic shift but also carry execution risk.