StockWatch
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Other Agricultural Products
Management Change27 May 2026, 02:03 pm

Sunil Agro Foods: B Shantial Resigns as MD, Eff. May 27, 2026

AI Summary

Sunil Agro Foods Ltd. announced the resignation of Mr. B Shantial as Managing Director, effective from the close of business hours on May 27, 2026, due to his advancing age. The Board of Directors, in a meeting held on May 27, 2026, also approved the audited financial results for the fourth quarter and year ended March 31, 2026, based on the Audit Committee's recommendation. Additionally, the Board approved the re-appointment of Mr. Pramod Kumar Jain as Whole Time Director and CEO for another 3 years, subject to shareholder approval, and authorized Mr. Pramod Kumar S to fix the date for the 37th AGM.

Key Highlights

  • Mr. B Shantial resigns as Managing Director, effective May 27, 2026.
  • Audited financial results for Q4 and FY26 approved by the Board.
  • Pramod Kumar Jain re-appointed as CEO for 3 years, subject to shareholder approval.
  • Internal Auditors appointed for the financial year 2026-27.
  • Pramod Kumar S authorized to fix AGM date and record date.