Foods & Inns extends CFO Anand Krishnan's tenure for transition

1 min read     Updated on 01 Jul 2026, 02:05 AM
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AI Summary

Foods & Inns Ltd has extended the effective resignation date of CFO Anand Krishnan beyond June 30, 2026, to facilitate an orderly handover. The company will inform the stock exchanges of the revised date upon completion of the transition process.

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Foods & Inns Ltd has extended the effective last date of resignation for its Chief Financial Officer and Key Managerial Personnel, Anand Krishnan, beyond June 30, 2026, to facilitate a smooth transition and orderly handover of responsibilities. The company stated that the revised cessation date will be communicated to the stock exchanges in due course upon completion of the handover process.

The extension follows an earlier disclosure dated June 10, 2026, regarding Krishnan's resignation from the position of CFO and Key Managerial Personnel. In a letter to the Board of Directors dated June 30, 2026, Krishnan confirmed that his resignation remains in force, but he agreed to extend his tenure at the request of the management.

The company submitted the necessary disclosures to BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing included details required under Schedule IIT of the Listing Regulations and SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Details of Extension

The company provided specific particulars regarding the extension of Krishnan's tenure in the regulatory filing.

Sr. No. Particulars Details
1 Reason for change Extension to effective last date for cessation from the position as Chief Financial Officer (Key Managerial Personnel) of the Company vide letter dated 30th June, 2026
2 Date applicable & term Mr. Anand Krishnan shall agreed to extend the effective last date for cessation and will serve as CFO and KMP of the Company, without any break in his services, until the revised effective date to ensure a smooth transition.
3 Brief profile Not Applicable
4 Disclosure of relationships Not Applicable
5 Letter of Extension Refer “Annexure A”

Krishnan affirmed his commitment to extending full support during the transition period until the mutually agreed and communicated relieving date. The company confirmed that all other details contained in the earlier disclosure remain unchanged.

Historical Stock Returns for Foods & Inns

1 Day5 Days1 Month6 Months1 Year5 Years
-0.23%-5.81%+3.69%-5.42%-49.94%-35.70%

Who is the leading candidate to succeed Anand Krishnan as CFO?

What is the expected timeline for the completion of the handover process?

How will the extended tenure impact the company's financial strategy during the transition?

Foods & Inns CFO Anand Krishnan resigns effective June 30, 2026

1 min read     Updated on 11 Jun 2026, 02:47 AM
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Foods & Inns Limited CFO Anand Krishnan resigned on April 27, 2026, effective June 30, 2026, for personal and professional reasons. The Board accepted the resignation, acknowledging his contributions to strategic initiatives and growth. The company confirmed a smooth transition process.

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Foods & Inns Limited Chief Financial Officer Mr. Anand Krishnan has resigned from his position citing personal and professional reasons, effective from the close of business hours on June 30, 2026. The Board of Directors accepted the resignation after due discussions, marking a notable change in the company's key managerial personnel structure.

Mr. Krishnan tendered his resignation on April 27, 2026, expressing his desire to pursue the next chapter of his professional journey. During his tenure, the company noted significant progress across strategic initiatives, fund raising, business transformation, operational efficiency, digital transformation initiatives, market expansion, investor communications, and policy advocacy.

The company confirmed that Mr. Krishnan will remain fully committed to ensuring a smooth transition and will extend all necessary support during the handover process. The Management, on behalf of the Board of Directors, placed on record their appreciation for Mr. Krishnan's commitment and contributions to the company's growth journey.

The disclosure was made to the stock exchanges pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the resignation details have been disseminated to the members and investors of the company.

Resignation Details

The key details of Mr. Krishnan's resignation are summarised below:

Particulars: Details
Name: Mr. Anand Krishnan
Designation: Chief Financial Officer and Key Managerial Personnel
Reason for Resignation: Personal and professional reasons
Date of Resignation: April 27, 2026
Effective Date: Close of business hours on June 30, 2026

Historical Stock Returns for Foods & Inns

1 Day5 Days1 Month6 Months1 Year5 Years
-0.23%-5.81%+3.69%-5.42%-49.94%-35.70%

Who will be appointed as the new CFO to replace Mr. Krishnan, and what is the timeline for the announcement?

How will the transition impact Foods & Inns' ongoing strategic initiatives and digital transformation efforts?

Will the change in leadership affect the company's ability to secure future funding or investor confidence?

More News on Foods & Inns

1 Year Returns:-49.94%