Management Change27 May 2026, 08:31 pm
Sunil Agro: B Shantial Resigns as MD, Pramod Kumar Jain Re-appointed
AI Summary
Sunil Agro Foods Ltd. announced the resignation of Mr. B Shantial as Managing Director, effective May 27, 2026, due to his advancing age. The Board of Directors also approved the re-appointment of Mr. Pramod Kumar Jain as Whole Time Director and CEO for a further period of 3 years, subject to shareholder approval, commencing November 1, 2026. Additionally, the Board approved the appointment of Internal Auditors for the financial year 2026-27.
Key Highlights
- Mr. B Shantial resigned as Managing Director effective May 27, 2026.
- Mr. Pramod Kumar Jain re-appointed as Whole Time Director and CEO for 3 years from November 1, 2026.
- Re-appointment of Pramod Kumar Jain is subject to shareholder approval.
- Internal Auditors approved for appointment for FY 2026-27.
Price Impact
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