Ajanta Soya Limited announced the resignation of Anil Kumar Rana from his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The resignation is effective from October 11, 2026.

The company stated that Rana tendered his resignation due to career growth. Ajanta Soya is currently in the process of identifying and appointing a suitable candidate for the vacant CFO role. The company will make the requisite disclosure to stock exchanges regarding the new appointment in accordance with applicable regulations.

Regulatory Disclosure Details

The intimation was filed with BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing includes details mandated by SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Transition Plan

In his resignation letter, Rana expressed gratitude to the management and Board of Directors for the opportunity to serve in a leadership role. He confirmed that he would extend full cooperation during the notice period to ensure a smooth transition. This handover includes financial responsibilities, records, ongoing assignments, and other matters under his supervision.

Ajanta Soya’s Whole Time Director, Abhey Goyal, signed the official communication to the stock exchange on October 12, 2026. The company remains committed to maintaining governance standards while seeking a successor for the key managerial position.

Ajanta Soya Limited has formally confirmed the reappointment of Mr. Sushil Kumar Goyal as Managing Director and Mr. Abhey Goyal as Whole-time Director following shareholder approval at its 35th Annual General Meeting (AGM). The appointments extend their leadership roles for a further period of three years, ensuring continuity in the company's management structure through 2029.

The AGM was held on September 28, 2026, via video conferencing. All six resolutions proposed by the Board were passed with significant support from shareholders, confirming the adoption of FY26 financial statements alongside these key leadership renewals. The meeting was chaired by Mr. Sushil Kumar Goyal, who served as the Chairman of the session.

Details of Director Reappointments

The disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015, specifies the terms for both directors:

• Mr. Sushil Kumar Goyal (Managing Director): Reappointed for a term of 3 years effective from July 26, 2026, to July 25, 2029. His previous term expired on July 25, 2026. He has been associated with the company since 1992 and serves as a member of the Indian Vegetable Oil Producers' Association (IVPA).
• Mr. Abhey Goyal (Whole-time Director): Reappointed for a term of 3 years effective from July 1, 2026, to June 30, 2029. His previous term expired on June 30, 2026. He holds a postgraduate qualification in Management and Finance and has been with the company since 2008.

Mr. Sushil Kumar Goyal is the father of Mr. Abhey Goyal, highlighting the familial nature of the leadership team.

Voting Outcomes on Key Resolutions

The Scrutinizer’s report confirmed that all resolutions received the requisite majority. The adoption of audited financial statements for the fiscal year ended March 31, 2026, saw 99.99% votes in favor. Similarly, the special resolution for the reappointment of Mr. Sushil Kumar Goyal as Managing Director was approved with 99.99% support from valid votes polled.

Governance and Compliance Status

The AGM addressed critical governance matters, including the ratification of cost auditor remuneration for FY27 and an increase in remuneration for Ms. Prachi Goyal, a related party holding office or place of profit. Notably, for the resolution regarding Ms. Prachi Goyal’s remuneration, promoter and promoter group shareholders abstained from voting due to their interest in the matter, as per regulatory requirements.

Mr. Saju Mathew, VP (Operations), briefed members on operational performance for the year and future plans. The Company Secretary confirmed that statutory registers were available for electronic inspection. The audit reports from the Statutory Auditors and Secretarial Auditors for FY26 contained no qualifications, reservations, adverse remarks, or disclaimers, signaling clean compliance.

Voting Mechanics and Participation

Voting was conducted via remote e-voting from September 25 to September 27, 2026, and live e-voting during the AGM. The facility was provided by National Securities Depository Limited (NSDL). Mr. Debabrata Deb Nath of R&D Company Secretaries acted as the Scrutinizer.

Participation data indicates that out of 37,442 shareholders on record, 4 promoters and 318 public shareholders attended via video conferencing. The consolidated voting results have been submitted to stock exchanges and uploaded to the company’s website within stipulated timelines.

What the Numbers Show

The voting results reflect strong shareholder alignment with the current management team. The near-unanimous approval for leadership reappointments, particularly the Managing Director and Whole Time Directors, suggests confidence in the existing governance structure. The absence of significant dissenting votes across all six items, including routine financial adoptions and related-party remuneration adjustments, indicates a stable stakeholder environment for FY26.