IFB Agro Industries Limited disclosed the appointment of two Executive Directors following shareholder approval at the 44th Annual General Meeting held on 29th July, 2026. The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements).

Appointments Approved

Mr. Rahul Choudhary (DIN: 00075875)

  • Designation: Executive Director Finance, Strategy & Acquisition and Chief Financial Officer
  • Effective Date: 28th May, 2026
  • Term: 5 years (Five years)
  • Appointment was subject to shareholder approval in the ensuing Annual General Meeting

Mr. Santanu Ghosh (DIN: 02902285)

  • Designation: Executive Director Operations & Chief Executive Officer - Distillery Business
  • Effective Date: 28th May, 2026
  • Term: 3 years (Three years)
  • Appointment was subject to shareholder approval in the ensuing Annual General Meeting

Director Qualifications and Background

The company confirms that both directors fulfill the conditions mentioned in the Act and rules made thereunder and are not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority.

Mr. Rahul Choudhary Profile

  • Age: 54 years
  • Qualifications: Chartered Accountant, Cost Accountant, and Company Secretary
  • Experience: Over 30 years of extensive experience in Finance, Banking, Taxation and M&A
  • Career History:
  • Commenced career in 1995 with Usha Martin Group (12 years)
  • Joined IFB Agro Industries Limited in April 2007 as General Manager - Finance and Company Secretary (7 years 8 months)
  • Moved to IFB Industries Limited as Vice President - Corporate Affairs and Banking in 2014
  • Rejoined IFB Agro Industries Limited as Chief Financial Officer (CFO) from 2nd December 2017

Mr. Santanu Ghosh Profile

  • Age: 63 years
  • Qualifications: M.Sc. in Biochemistry from Calcutta University
  • Additional Certifications: Leadership certification programme at ISB Hyderabad, DuPont's Process Safety Management course
  • Experience: Over 37 years of extensive experience in operations and management of distillery & its by-products
  • Career History: Joined the Company in 1988 as a Trainee Chemist

Governance Process

The appointments were based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors. Necessary disclosures in connection with SEBI Circular are enclosed as Annexure-A. The information is also available on the company website www.ifbagro.in.

Relationships Between Directors

Both appointments show "NA" (Not Applicable) for disclosure of relationships between directors, indicating no disclosed relationships requiring disclosure.