Suryo Foods & Industries

Suryo Foods & Industries Limited's Board of Directors approved increasing the company's Authorized Share Capital from Rs. 10 crore to Rs. 15 crore. The increase involves creating an additional 50 lakh equity shares of Rs. 10 each, bringing the total to 1.5 crore equity shares. The resolution will be presented to shareholders for approval through an Addendum to the Notice of the 36th Annual General Meeting. The board meeting was held on September 17, 2025, lasting from 10:30 AM to 11:00 AM.

The Board of Directors has recommended three director appointments for shareholder approval at the upcoming Annual General Meeting. Mr. Ajay Kumar Dash, who holds a Bachelor in Arts and has 40 years of business experience in the seafood industry, has been recommended for re-appointment as Director liable to retire by rotation. Mr. Amarendra Dash, aged 77 with B Tech (Mechanical), has been recommended for re-appointment as Managing Director for a five-year term from August 1, 2025 to July 31, 2030. He is a pioneer in the seafood industry with four decades of experience and has received two National Awards from the President of India for highest export of marine products. Additionally, Mr. Sandeep Kumar Hota, aged 44 with an MBA from Queen's School of Business, Kingston, has been recommended for appointment as Independent Director. He brings over 23 years of business and technology consulting experience across diverse industries. The appointments reveal family relationships among board members, with Mr. Ajay Kumar Dash being the younger brother of Managing Director Mr. Amarendra Dash and uncle to Executive Director Mr. Aditya Dash.

Suryo Foods & Industries Limited appointed Mr. Ashok Kumar Das as Chief Operating Officer effective May 29, 2025. The appointment was made based on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors at their meeting held on May 29, 2025. Das, aged 57 years and a graduate from Utkal University, brings over 32 years of extensive aquaculture experience and leadership expertise. The company also made other key appointments during the same board meeting, including the re-appointment of Mr. Amarendra Dash as Managing Director and the appointment of Mr. Aditya Dash as Chief Executive Officer. The company acknowledged a delay in providing the complete disclosure details for the COO appointment, stating it was inadvertent and unintentional.