Godrej Agrovet Limited has announced the appointment of Vivek Shah as Head - Sales Development, effective April 10, 2026. The Board of Directors approved the appointment on March 31, 2026, following a recommendation from the Nomination and Remuneration Committee.

Key Appointment Details

The appointment was formalized under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Shah's appointment aligns with the company's Nomination and Remuneration Policy and represents a strategic move to strengthen the organization's commercial capabilities.

Professional Background and Experience

Vivek Shah brings close to two decades of experience in driving growth, leading business turnarounds, and building scalable go-to-market ecosystems across FMCG businesses in India and international markets.

Current Role at Marico

In his role at Marico as Head – Sales Transformation (India & International), Shah has led several enterprise-wide initiatives:

• Drove GT turnaround from de-growth to sustained growth
• Expanded rural distribution by 40% through stockist additions
• Led multi-market transformation including Vietnam
• Scaled e-commerce operations
• Embedded data-led decision-making to improve commercial productivity

Britannia Experience

Prior to Marico, Shah spent over 16 years at Britannia in senior leadership roles across sales, trade marketing, and brand management. His achievements at Britannia include:

• Managed large turnover businesses up to ₹2,000 crore
• Led teams of 200+ members
• Delivered market share gains and distribution expansion
• Led sustained business turnarounds
• Managed pan-India trade strategy and digitisation initiatives

Educational Qualifications

Shah holds strong academic credentials with an MMS from JBIMS, Mumbai and a B.Com from HR College, providing him with a solid foundation in business management and commerce.

Strategic Focus at Godrej Agrovet

At Godrej Agrovet Limited, Shah will focus on strengthening go-to-market capabilities and driving commercial excellence across businesses. His extensive experience in FMCG sector turnarounds and distribution expansion aligns with the company's growth objectives in the agribusiness sector.

Godrej Agrovet Limited has successfully completed the dispatch of its postal ballot notice and published mandatory newspaper advertisements informing shareholders about Dr. Ashok Gulati's re-appointment as Non-Executive & Independent Director. The company submitted e-copies of newspaper advertisements to stock exchanges on March 26, 2026, following the completion of postal ballot notice dispatch on March 25, 2026.

Stock Exchange Notification and Compliance

The company has fulfilled its regulatory obligations under SEBI Listing Regulations by notifying both BSE Limited and National Stock Exchange of India Limited about the newspaper advertisement publication. The advertisements were published in Business Standard and Mumbai Lakshadeep newspapers on March 26, 2026.

The notification was signed by Vivek Raizada, Head – Legal & Company Secretary & Compliance Officer, ensuring proper corporate governance protocols were followed throughout the process.

Postal Ballot Process and Timeline

The company has engaged National Securities Depository Limited (NSDL) to provide e-voting facility to members. The postal ballot notice seeks shareholder approval for Dr. Gulati's re-appointment through a resolution passed by the Board of Directors on March 23, 2026.

Members whose email addresses are registered with the company or depositories as of the cut-off date have received the postal ballot notice electronically. The notice, along with explanatory statement, is available on the company's website and stock exchange platforms.

Director Re-appointment Details

Dr. Ashok Gulati's current term as Independent Director expires on May 6, 2026, having served since May 7, 2021. The proposed re-appointment covers a second term extending from May 7, 2026, to May 10, 2029.

The board has confirmed that Dr. Gulati meets all independence criteria under the Companies Act, 2013, and SEBI Listing Regulations. He has submitted declarations confirming his independence and eligibility for re-appointment.

Professional Background and Qualifications

Dr. Ashok Gulati currently serves as Distinguished Professor at the Indian Council for Research on International Economic Relations (ICRIER). His extensive career includes serving as Chairman of the Commission for Agricultural Costs and Prices, Government of India, from 2011-14.

Dr. Gulati has authored 21 books on Indian and Asian Agriculture and maintains a regular column "From Plate to Plough" in Indian Express and Financial Express. He holds M.A. and Ph.D. degrees from Delhi School of Economics.

Regulatory Compliance and Voting Process

The re-appointment requires approval through a Special Resolution, needing votes in favor to be at least three times the votes against. Under SEBI Listing Regulation 25(2A), if the resolution fails to get requisite majority but favorable votes exceed opposing votes, including from public shareholders, the appointment shall be deemed approved.

Members can vote either through e-voting or physical postal ballot forms. The company has clarified that voting through e-voting will prevail if members use both methods. The scrutinizer's report will be submitted after completion of the voting process, and results will be communicated to stock exchanges and displayed on the company website.