StockWatch
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Packaged Foods
Management Change8 Jul 2026, 06:40 pm

Shah Foods Appoints New Chairman, MD, Directors and CFO

AI Summary

Shah Foods Limited announced significant management changes following a board meeting on July 8, 2026. The board approved the induction of Mr. Ankit Jalan and Mr. Anuj Jalan as new promoters after a successful open offer. Mr. Anuj Jalan was appointed Chairman and Additional Managing Director for three years. Mr. Rajkumar Jalan and Mr. Daivik Jalan were appointed as Additional Directors. Ms. Pragati Goel, Mr. Shivam Gupta, and Mr. Giri Raj Prasar were appointed as Additional Independent Non-Executive Directors for five years. Mr. Vishal Jha is the new Company Secretary & Compliance Officer, and Mr. Vikash Agarwal is the new Chief Financial Officer. The board also accepted the resignations of Ms. Hemakshi Manan Patel (MD) and several directors, effective July 9, 2026.

Key Highlights

  • New promoters inducted post open offer.
  • Anuj Jalan appointed Chairman and Additional MD.
  • Several new directors and key officers appointed.
  • Resignations of MD and several directors accepted.