StockWatch
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Packaged Foods
Management Change10 Sept 2026, 12:37 pm

Shah Foods Director Resigns Post Open Offer Completion

AI Summary

Mr. Manan Rajesh Patel, Director of Shah Foods Ltd, has resigned from his position as Executive Director. The resignation is effective from the closure of business hours on September 07, 2026. This decision follows the completion of an open offer process, as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has enclosed the resignation letter detailing the reasons, as required by SEBI (LODR) Regulations, 2015. Mr. Patel expressed appreciation for the support received during his tenure and confirmed no other material reasons for his resignation.

Key Highlights

  • Director Manan Rajesh Patel resigns from Shah Foods Ltd.
  • Resignation effective September 07, 2026, post open offer.
  • Reason cited is completion of substantial acquisition process.
  • Company complies with SEBI LODR regulations for disclosure.