Management Change9 Oct 2026, 01:36 pm
Dindigul Farm Product seeks approval for MD's continuation post-70
AI Summary
Dindigul Farm Product Ltd announced that its Board of Directors, in a meeting held on October 09, 2026, approved filing an application with the Central Government. The application seeks approval for the continuation of Mr. R Rajasekaran as Managing Director after he has attained the age of 70 years. Concurrently, the Board approved an interim change in Mr. Rajasekaran's designation from Chairman and Managing Director to Non-Executive Chairman, effective until the Central Government's approval is received. The board meeting took place from 12:45 PM to 01:15 PM.
Key Highlights
- Board approved filing for MD's continuation post-70.
- Application to be submitted to the Central Government.
- MD's designation changed to Non-Executive Chairman temporarily.
- Interim change is pending government approval.
Price Impact
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