
Management Change28 Apr 2026, 02:07 pm
Sapphire Foods: Directorate Changes, Q4 Results Approved
AI Summary
Sapphire Foods India Ltd's Board of Directors met on April 28, 2026, to approve the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026, with an unmodified opinion. The Board also noted the resignation of Mr. Amar Patel, Executive Vice President and Chief Technology Officer. Furthermore, the Board approved the re-appointment of Mr. Sanjay Purohit as Whole Time Director & Group CEO for a five-year term, subject to shareholder approval. Independent Directors Mr. Sunil Chandiramani, Ms. Deepa Wadhwa, and Ms. Anu Aggarwal were re-appointed for a second term, and Mr. Sumeet Narang's appointment as Non-Executive Nominee Director was continued.
Key Highlights
- Board approved Q4 and FY26 audited financial results.
- Mr. Amar Patel, EVP & CTO, resigned from the company.
- Mr. Sanjay Purohit re-appointed as Whole Time Director & Group CEO for 5 years.
- Three Independent Directors re-appointed for a second term.
- Mr. Sumeet Narang's appointment as Non-Executive Nominee Director continued.
Price Impact
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