Kindly find the enclosed disclosure

CEO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

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₹41.00

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+0.5% vs market

Edible Oil peers, median of 22sector-0.8%+0.8% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.8 pts more than its Edible Oil peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+0.0-0.5+0.5-0.8+0.8

Next day

-0.5-2.0+1.5-2.1+1.6

-2.4-2.7+0.2-3.1+0.6

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-11.0+2.6-13.6-0.2-10.7

UpDownMarket · Nifty Microcap 250Sector · Edible Oil peers, median of 22Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Vandan Foods Ltd announced a leadership reshuffle at its board meeting on February 11, 2026. Mr. Jitendra Rameshbhai Patel stepped down as Managing Director (MD) and Executive Director, citing pre-occupation and other professional commitments, but will continue on the board as a Non-Executive Director and has been appointed Non-Executive Chairman. His brother, Mr. Rakeshkumar Rameshbhai Patel, previously a Non-Executive Director and Chairman, has been appointed as the new Managing Director (and Key Managerial Personnel) for a 5-year term from February 12, 2026 to February 11, 2031, subject to shareholder approval. Both individuals are promoters and brothers, meaning this is an internal swap of executive roles within the promoter family.

Likely market impact

This is a smooth internal leadership transition between two promoter brothers, so overall control of the company does not change. However, no external professional CEO has been brought in, keeping decision-making firmly within the founding family, which investors may view as neutral but worth monitoring on governance.