Appointment of Mr. Nagarajan Sivaramakrishnan as an Interim Chairman of the Board of Directors of the Company.
VADILALIND · price
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Vadilal Industries Limited has appointed Mr. Nagarajan Sivaramakrishnan, currently an Independent Director, as Interim Chairman of the Board effective 12th May, 2026. The appointment is for a term of 1 year. Mr. Nagarajan brings over 24 years of experience in the private sector, having previously headed Mother Dairy for seven years and held senior roles at Frito Lay India (Pepsi Group), Cadbury, and Nestle. He is not related to any existing directors of the Company. The appointment has been made under Regulation 30 of SEBI (LODR) Regulations, 2015.
The appointment of an experienced industry veteran as Interim Chairman may provide stability and fresh perspective to the board. However, the use of the term 'Interim' suggests this is a transitional arrangement, and investors may watch for further updates on the permanent chairman or underlying reasons for this change.