
Management Change27 Aug 2026, 05:00 pm
Leo Dryfruits Re-appoints Ketan Shah as Whole Time Director & CFO
AI Summary
Leo Dryfruits & Spices Trading Ltd announced the re-appointment of Mr. Ketan Sobhagchand Shah as Whole-time Director & CFO for a further period of five years, commencing September 1, 2026, and ending August 31, 2031. This re-appointment is subject to shareholder approval at the upcoming Annual General Meeting. Additionally, his annual remuneration has been revised from ₹12,00,000 to ₹18,00,000, effective April 1, 2026, also pending member approval. Mr. Shah, who holds 11.43% stake in the company, has been with Leo Dryfruits since January 2022 and oversees management, sourcing, customer relations, and administration.
Key Highlights
- Ketan Shah re-appointed Whole Time Director & CFO for five years.
- Re-appointment term: September 1, 2026, to August 31, 2031.
- Annual remuneration increased to ₹18,00,000 from ₹12,00,000.
- Remuneration revision effective April 1, 2026.
- Shareholder approval required for re-appointment and remuneration.
Price Impact
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