Ajanta Soya Ltd has re-appointed Sushil Kumar Goyal as Managing Director for a period of three years, effective from July 26, 2026, to July 25, 2029. The Board of Directors also approved the re-appointment of Abhey Goyal as Whole-time Director for three years from July 1, 2026, to June 30, 2029. Both appointments are subject to shareholder approval at the ensuing Annual General Meeting. These leadership decisions were taken during the Board meeting held on June 30, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board took note of the superannuation of Jai Gopal Sharma, Chief Financial Officer and Key Managerial Personnel, effective from the close of business hours on June 30, 2026. Consequently, the Board appointed Anil Kumar Rana, currently serving as Finance Controller, as the new Chief Financial Officer and Key Managerial Personnel effective July 1, 2026. The Board placed on record its appreciation for the services rendered by Mr. Jai Gopal Sharma.

Senior Management Designation

In addition to the leadership changes, the Board designated Saju Mathew, Vice President (Operations), as Senior Management Personnel of the company effective July 1, 2026. These decisions were based on the recommendations of the Nomination and Remuneration Committee, with the Audit Committee also recommending the CFO appointment.

Key Appointments

Ajanta Soya Limited reported a 69.2% decline in net profit to ₹837.53 lakh for the financial year ended March 31, 2026, compared to ₹2,714.56 lakh in the previous year. Revenue from operations for the year decreased 1.7% to ₹1,30,767.05 lakh from ₹1,32,981.12 lakh in FY25. The company posted a net loss of ₹119.09 lakh for the quarter ended March 31, 2026, against a net profit of ₹501.89 lakh in the corresponding quarter of the previous year.

The Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026, at a meeting held on May 30, 2026. The Audit Committee had previously reviewed these results. The statutory auditors, M/s TAS Associates, issued an audit report with an unmodified opinion on the financial results.

Total expenses for FY26 rose to ₹1,30,257.62 lakh from ₹1,30,217.49 lakh in the previous year. The cost of materials consumed increased to ₹1,10,340.29 lakh from ₹1,07,400.41 lakh. Other expenses for the year included ₹615.45 lakh on account of currency fluctuation, compared to nil in the previous year. The company also made an additional provision of ₹35.76 lakh towards gratuity liability and ₹8.35 lakh towards compensated absence liability during the quarter ended December 31, 2025, following the implementation of new Labour Codes.

Financial Performance

Auditor and Board Appointments

The board re-appointed M/s K. G. Goyal & Associates as Cost Auditors and M/s Talati and Talati LLP as Internal Auditors for the financial year 2026-27. Both firms are not related to any director or key managerial personnel of the company. The appointments were made effective May 30, 2026. The board meeting commenced at 2:30 P.M. and concluded at 5:30 P.M. on the same day.