hoac foods india has announced the appointment of Ms. Varsha Bansal as its Company Secretary and Compliance Officer. The decision was taken during a Board meeting held on May 16, 2026. The meeting commenced at 01:00 P.M. IST and concluded at 01:30 P.M. IST.

Appointment Details

The Board approved the appointment of Ms. Varsha Bansal as Company Secretary and Compliance Officer, on the recommendation of the nomination and remuneration committee, with effect from May 16, 2026. Ms. Bansal holds a Bachelor of Commerce degree and is an Associate member of the Institute of Company Secretaries of India. She has worked with reputed organizations across diverse industries and possesses strong knowledge of corporate laws, regulatory compliances, and board management.

Key Managerial Personnel Details

The company provided the following details regarding the Key Managerial Personnel:

The disclosure was made to the National Stock Exchange of India Limited in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

HOAC Foods India Limited has announced the commencement of operations at its first retail outlet outside the Delhi NCR region, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new store, operating under the Hariom Exclusive Store brand, is located in Bhopal, Madhya Pradesh, and represents a significant milestone in the company's retail expansion journey.

New Store Details

The newly inaugurated outlet is strategically positioned in a high-potential porch/front-facing area designed to drive customer engagement and product visibility. Key details of the new store are outlined below:

Geographic Diversification Beyond Delhi NCR

This development marks the company's first step towards geographic diversification beyond its existing Delhi NCR footprint. To support operations in the new market, the management has constituted a dedicated regional team focused exclusively on operations, sales, and market development in Madhya Pradesh. Additionally, the proximity of the company's new manufacturing facility in Madhya Pradesh is expected to provide substantial logistical advantages, ensuring efficient supply chain management and improved operational efficiency.

Existing Retail Network

Prior to this expansion, HOAC Foods India Limited operated and franchised stores across Delhi NCR and nearby regions under the Hariom Atta & Spices brand. The company's existing network spans 21 locations, comprising both company-operated and franchisee outlets, as detailed below:

Expansion Strategy and Outlook

The Bhopal store opening is described by the company as part of its broader strategy to accelerate store expansion and establish a stronger national presence. The expansion into Madhya Pradesh is aligned with the company's stated long-term vision of extending its retail footprint across key growth markets in India. The company has noted that this outlet also opens up new opportunities for growth in other states, reinforcing its focus on scalable and sustainable expansion. The intimation was filed by Managing Director Rambabu Thakur on 15.05.2026.