Vidhi Specialty Food Ingredients Limited has informed the Exchange regarding Change in Director(s) of the company.
VIDHIING · price
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On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.6 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Vidhi Specialty Food Ingredients has re-appointed Mr. Mihir Bipin Manek as Joint Managing Director for five years starting July 15, 2025, and Mrs. Vidhi Harsh Parekh as Whole-time Director for five years starting November 1, 2025. Both re-appointments are subject to shareholder approval at the upcoming Annual General Meeting. Both appointees are children of the company's Chairman and Managing Director, Mr. Bipin Manek, and siblings of each other, confirming continued promoter family control at the board level. Mr. Mihir brings 20+ years of experience in food colour manufacturing, while Mrs. Vidhi has 18+ years in foreign trade and HR matters.
This is a continuity announcement with no operational change — existing promoter-family leadership is being retained for another five-year term. Shareholders should note that two key executive positions remain within the promoter family, which signals stability but also limited independent succession. The stock is unlikely to see material price movement solely on this re-appointment.