Anjani Foods director tenure ends on May 25, 2026
Independent Director Mr. Parankusam Srinivas Ranganath ceased to be a director of Anjani Foods Limited upon completing his second term on May 25, 2026. His departure from the board and his positions as Chairman of the Audit Committee and Nomination and Remuneration Committee were effective from the close of business hours on that date.
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Independent Director Mr. Parankusam Srinivas Ranganath ceased to be a director of Anjani Foods Limited upon the completion of his second term on May 25, 2026. The cessation of his directorship was effective from the close of business hours on May 25, 2026, as per the intimation filed under Regulation 30 of the SEBI (LODR) Regulations, 2015.
The Board of Directors and the management acknowledged the contributions and guidance provided by Mr. Ranganath during his tenure with the company. The disclosure was made in compliance with SEBI circulars dated November 11, 2024, and December 31, 2024.
Consequent to his departure from the board, Mr. Ranganath automatically ceased to be a member and chairman of key board committees. He had served as the Chairman of the Audit Committee and the Chairman of the Nomination and Remuneration Committee.
The following table details the positions held by Mr. Ranganath prior to his cessation:
| S.No. | Name of the Company | Category of Directorship | Membership of the Board Committee(s) |
|---|---|---|---|
| 1. | Anjani Foods Limited | Non-executive, Independent Director | Audit Committee – Chairman |
| Nomination and Remuneration Committee - Chairman |
The filing confirmed that the reason for the change was the completion of his second term as an Independent Director.
Historical Stock Returns for Anjani Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.96% | -5.55% | -15.86% | -28.14% | -44.98% | -77.33% |
Who will be appointed to fill the vacancy left by Mr. Ranganath as Chairman of the Audit Committee?
How will the company ensure continuity in governance during the transition period for these key board committees?
What criteria will the Board use to select a successor for the Nomination and Remuneration Committee Chairmanship?
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