The Board of Directors of Ajanta Soya Limited held a meeting on 30 June 2026, which commenced at 2:20 PM IST and concluded at 4:05 PM IST. Pursuant to Regulation 30 of the SEBI LODR Regulations, 2015, the Board approved the following matters:

1. Re-appointment of Mr. Sushil Kumar Goyal as Managing Director

  • Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the re-appointment of Mr. Sushil Kumar Goyal (DIN: 00125275) as Managing Director for a further period of 3 years, commencing from 26 July 2026 and ending on 25 July 2029, subject to the approval of shareholders at the ensuing Annual General Meeting.
  • Mr. Goyal confirmed that he is not debarred from holding the office of Director by virtue of any SEBI or other authority order, in compliance with BSE Circular No. LIST/COMP/14/2018-19 dated 20 June 2018.
  • Profile: Mr. Goyal has been associated with the company since 1992 and has served as Managing Director for over 27 years. He is a graduate with more than three decades of experience in the edible oil industry, instrumental in driving growth, operational excellence, and value creation. He is a member of the Indian Vegetable Oil Producers' Association (IVPA) and actively associated with the Producers' Guild.
  • Relationship: He is the father of Mr. Abhey Goyal, Whole-time Director of the company.

2. Re-appointment of Mr. Abhey Goyal as Whole-time Director

  • Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the re-appointment of Mr. Abhey Goyal (DIN: 02321262) as Whole-time Director for a further period of 3 years, commencing from 1 July 2026 and ending on 30 June 2029, subject to shareholder approval at the ensuing AGM.
  • Mr. Goyal confirmed that he is not debarred from holding office, per the same BSE circular.
  • Profile: Mr. Abhey Goyal holds a postgraduate qualification in Management and Finance, has been associated with the company since 2008, and has over 17 years of experience in edible oil trading, real estate, and administration. He has played a significant role in the company's operations and growth.
  • Relationship: He is the son of Mr. Sushil Kumar Goyal, Managing Director.

3. Superannuation of Chief Financial Officer

  • Mr. Jai Gopal Sharma, Chief Financial Officer and Key Managerial Personnel, superannuated effective from the close of business hours on 30 June 2026 upon attaining the age of superannuation.
  • The Board placed on record its appreciation for his valuable services and contributions.

4. Appointment of Chief Financial Officer

  • Based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, the Board approved the appointment of Mr. Anil Kumar Rana, presently Finance Controller, as Chief Financial Officer and Key Managerial Personnel effective from 1 July 2026.
  • Profile: Mr. Rana has approximately 22 years of experience in Accounts, Finance, Taxation, Statutory Audit, Compliances, primarily in the manufacturing sector. He has expertise in end-to-end accounting operations, budgeting, financial statement preparation, MIS reporting, and taxation, including direct and indirect tax compliance and planning.

5. Designation of Senior Management Personnel

  • Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the designation of Mr. Saju Mathew, Vice President (Operations), as Senior Management Personnel effective from 1 July 2026.
  • Profile: Mr. Mathew has over three decades of experience in the edible oils, specialty fats, and food processing industry. He holds a B.Sc. (Tech.) in Oils, Soaps & Detergents from Nagarjuna University and a Bachelor's degree in Chemistry from Mahatma Gandhi University. He has held senior leadership positions at Green Joules Pvt. Ltd., Godrej Agrovet Limited, Cargill India Pvt. Ltd., Ruchi Soya Industries Ltd., Hindustan Lever Ltd./Bunge India Pvt. Ltd., and Vanaspati/Star Refineries, leading manufacturing operations, process optimization, and capacity expansion.

Financial Impact

No financial impact quantified in the disclosure.