ifb agro industries has strengthened its leadership by appointing Mr. Rahul Choudhary as Executive Director – Finance, Strategy & Acquisition and Chief Financial Officer, and Mr. Santanu Ghosh as Executive Director – Operations. These appointments, effective from May 28, 2026, aim to bolster the company's financial strategy and operational management capabilities. The decisions were taken by the Board of Directors following recommendations from the Nomination and Remuneration Committee.

The new leadership appointments are subject to the approval of shareholders at the ensuing Annual General Meeting. The company confirmed that both appointees fulfil the conditions specified in the Companies Act, 2013, and are not debarred from holding the office of Director by SEBI or any other authority. Necessary disclosures as required under SEBI (LODR) Regulations 2015 have been made.

Mr. Rahul Choudhary brings over 30 years of experience in finance, banking, taxation, and M&A. A Chartered Accountant, Cost Accountant, and Company Secretary, he previously served as the company's CFO from December 2, 2017. His career includes a 12-year tenure at the Usha Martin Group and a stint as Vice President – Corporate Affairs and Banking at IFB Industries Limited.

Mr. Santanu Ghosh has been appointed to oversee operations with a focus on distillery management. With over 37 years of experience in the sector, he holds an M.Sc. in Biochemistry from Calcutta University and has completed leadership training at ISB Hyderabad. Mr. Ghosh joined the company in 1988 as a Trainee Chemist and has since held various roles managing distillery operations and by-products.

The details of the appointments, including tenure and qualifications, are summarised below:

ifb agro industries has revised its Related Party Transactions Policy to align with the amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The updated policy ensures compliance with the latest regulatory requirements governing transactions between the company and its related parties.

The Board of Directors approved the revised policy at its meeting held on May 28, 2026. The document has been uploaded to the company's official website, making it accessible to shareholders and regulatory authorities.

Key Details

The revision follows a standard corporate governance procedure to ensure transparency in dealings with related entities. The policy update addresses specific amendments introduced by the market regulator.