The Board of Directors meeting held on June 23, 2026 (from 4:00 PM to 4:40 PM IST) approved the following re-appointments, all based on recommendations of the Nomination and Remuneration Committee and subject to shareholder approval:
1. Re-appointment of Mr. Bharatkumar Popatlal Vachhani (DIN: 00585375) as Managing Director
- Term: 5 years from July 24, 2026 to July 23, 2031
- Qualifications: Bachelor of Commerce from The Maharaja Sayajirao University of Baroda (1985)
- Experience: Over three decades in cattle food manufacturing, agri products, and commodity exports
- Family relationships: Brother of Ajay Vachhani, Father of Mayank Vachhani and Ankit Vachhani, Uncle of Tanmai Vachhani
- Not debarred from directorship by SEBI or any authority
2. Re-appointment of Mr. Ajay Popatlal Vachhani (DIN: 00585290) as Whole-time Director
- Term: 5 years from July 24, 2026 to July 23, 2031
- Qualifications: Bachelor of Commerce from H L College of Commerce, Ahmedabad (1987)
- Experience: Over two decades with the company in various capacities, tech-savvy with expertise in manufacturing operations
- Family relationships: Brother of Bharatkumar Vachhani, Father of Tanmai Vachhani, Uncle of Mayank Vachhani and Ankit Vachhani
- Not debarred from directorship by SEBI or any authority
3. Re-appointment of Mr. Tanmai Ajaybhai Vachhani (DIN: 07548458) as Whole-time Director
- Term: 5 years from July 24, 2026 to July 23, 2031
- Qualifications: Graduation from Cambridge International Examinations, Cambridge, England (2013)
- Expertise: Technology-driven solutions, process automation, preventive maintenance systems, and operational improvements
- Family relationships: Son of Ajay Vachhani, Nephew of Bharat Vachhani, Cousin Brother of Mayank Vachhani and Ankit Vachhani
- Not debarred from directorship by SEBI or any authority
4. Re-appointment of Mr. Mayank Bharatkumar Vachhani (DIN: 08675340) as Whole-time Director
- Term: 5 years from July 24, 2026 to July 23, 2031
- Expertise: Leadership and strategy, operational management, financial planning, team development, and stakeholder engagement
- Family relationships: Son of Bharat Vachhani, Nephew of Ajay Vachhani, Brother of Ankit Vachhani, Cousin Brother of Tanmai Vachhani
- Not debarred from directorship by SEBI or any authority
5. Re-appointment of Mrs. Ekta Ankur Dholakia (DIN: 10150882) as Independent Director
- Term: 5 years from July 24, 2026 to July 23, 2031
- Qualifications: Chartered Accountant (ICAI member since April 1, 2020)
- Expertise: Accounting system implementation, Direct Taxation, TDS & GST, Internal Audits, Project Finance
- No family relationships with any other director of the company
- Not debarred from directorship by SEBI or any authority
All appointments comply with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 and BSE circular no. LIST/COMP/14/2018-19 dated June 20, 2018. The information has been made available on the company's website at www.mayankcattlefood.com.
Financial impact not quantified in the disclosure.