
Management Change11 Aug 2026, 05:41 pm
Vidhi Specialty Food Ingredients Appoints Chetan Bavishi as Independent Director
AI Summary
Vidhi Specialty Food Ingredients Ltd announced the appointment of Mr. Chetan Prabhudas Bavishi as an Additional Director under the category of Non-Executive Independent Director. The appointment, effective August 11, 2026, is for a term of five years, concluding on August 10, 2031, and is subject to shareholder approval. Mr. Bavishi brings over 40 years of experience in the Iron and Steel Industry and previously served as a Non-Executive Independent Director from 2003 to 2018. He has confirmed he is not debarred from holding a director's office. The Board meeting where this decision was made commenced at 4:30 pm and concluded at 5:00 pm on August 11, 2026.
Key Highlights
- Chetan Prabhudas Bavishi appointed as Additional Non-Executive Independent Director.
- Appointment is for a term of five years, effective August 11, 2026.
- Director has 40+ years of experience in Iron and Steel Industry.
- Appointment is subject to shareholder approval.
- Director is not related to any existing board members.
Price Impact
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