Shah Foods Appoints New Chairman, MD, Directors Amidst Promoter Change

Shah Foods Limited announced significant management changes following the successful completion of an open offer. The Board of Directors has inducted Mr. Ankit Jalan and Mr. Anuj Jalan as new promoters. Mr. Anuj Jalan has been appointed as Chairman and Additional Managing Director for three years. The board also approved the appointment of Mr. Rajkumar Jalan as Additional Executive Director, Mr. Daivik Jalan as Additional Non-Independent Non-Executive Director, Ms. Pragati Goel and Mr. Shivam Gupta and Mr. Giri Raj Prasar as Additional Independent Non-Executive Directors. Mr. Vishal Jha is appointed as Company Secretary & Compliance Officer, and Mr. Vikash Agarwal as Chief Financial Officer. The company also accepted the resignations of Ms. Hemakshi Manan Patel (MD) and several directors.