StockWatch
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Other Food Products
AGM/EGM23 Sept 2026, 01:47 pm

Vistar Amar Ltd: Directors Reappointed at 42nd AGM

AI Summary

Vistar Amar Ltd announced that its members, at the 42nd Annual General Meeting (AGM) held on September 22, 2026, approved the re-appointment of key directors. Mr. Ramkumar Babulal Panjari was re-appointed as Non-Executive Non-Independent Director. Mr. Rajeshkumar Babulal Panjari was re-appointed as Managing Director for a five-year term starting October 1, 2026, with a monthly remuneration of ₹5,00,000 for the first three years. Mr. Jaidip Dilipkumar Simaria was re-appointed as Non-Executive Independent Director for a second five-year term. Additionally, Mr. Pragnesh P. Patel was appointed as a Non-Executive Independent Director for a five-year term.

Key Highlights

  • AGM approved re-appointment of directors.
  • Rajeshkumar Babulal Panjari reappointed MD for 5 years.
  • Monthly remuneration for MD set at ₹5 Lakhs for 3 years.
  • Two independent directors reappointed and one new appointed.