Key Details of Personnel Change
- Name of Senior Management Personnel: Mr. Mohan. T. Gangoor
- Designation: Assistant General Manager – Sales & Operations
- Nature of Change: Retirement from employment and subsequent engagement as Consultant
- Date of Retirement: 19 July 2026 (effective close of business hours)
- Effective Date of Consultancy: 20 July 2026
- Reason for Change: Retirement upon attaining the age of superannuation
Details of the Transition
Mr. Mohan. T. Gangoor retired from the services of Ovobel Foods Limited with effect from 19 July 2026. Consequent to his retirement, he has been engaged as a Consultant with effect from 20 July 2026 to continue to provide his experience and expertise and to head/oversee the Sales function of the Company.
Status Clarification
Notwithstanding the change in his employment status from employee to consultant, Mr. Mohan. T. Gangoor continues to be associated with the Company's core management and continues to head the Sales function. Accordingly, there is no cessation from his role as Senior Management Personnel of the Company.
Regulatory Compliance Details
- Regulation Reference: Regulation 30 read with Schedule III of the SEBI LODR Regulations
- Disclosure Date: 31 August 2026
- Reason for Delay: The disclosure could not be made within the prescribed timeline due to inadvertent oversight
- Annexure Included: Annexure A containing required details
Document Metadata
- Company Address: 319/1 - 329, Golden Point, 2nd Floor, Off Queens Road Cross, Behind Jain Hospital, Vasanth Nagar, Bengaluru - 560 001, Karnataka, INDIA
- Signature Date: 31 August 2026 at 15:31:48 +05'30'
Financial and Operational Impact
The disclosure explicitly states that there is no cessation from his role as Senior Management Personnel, indicating no operational disruption to the sales function. The financial terms of the consultancy arrangement are not disclosed in this filing.