Mayank Cattle Food approves FY26 report, revises director pay
Mayank Cattle Food Limited's Board approved the Director's Report for FY26 and re-appointed M/s. Tadhani & Co. as Cost Auditor for FY27. The Board also approved remuneration revisions for five directors, effective April 1, 2026, subject to shareholder approval. Additionally, the company fixed July 24, 2026, as the cut-off date for electronic voting at its 28th Annual General Meeting.
*this image is generated using AI for illustrative purposes only.
mayank cattle food Board approved the Director's Report for FY26 and revised remuneration for five directors, including the Managing Director, effective April 1, 2026. The remuneration increases are subject to shareholder approval. The Board also re-appointed M/s. Tadhani & Co. as Cost Auditor for FY27 and fixed the cut-off date for electronic voting at the upcoming Annual General Meeting.
The Board meeting, convened on July 08, 2026, approved the Director's Report along with its annexures for the financial year 2025-26. This report will be placed before the members for adoption at the ensuing Annual General Meeting. The meeting also sanctioned the re-appointment of M/s. Tadhani & Co., Cost Accountants, to conduct the cost audit for the financial year 2026-27.
Remuneration for Mr. Bharatkumar Popatlal Vachhani, Managing Director, was revised from ₹50,00,000 per annum to ₹72,00,000 per annum. Mr. Ajay Popatlal Vachhani, Whole-Time Director, also saw his remuneration increased from ₹50,00,000 per annum to ₹72,00,000 per annum. The revisions for both directors are effective from April 1, 2026.
The Board also approved salary hikes for other key personnel. Mr. Ankit Bharatbhai Vachhani, CFO and Director, will receive ₹25,00,000 per annum, up from ₹18,00,000. Mr. Tanmai Ajaybhai Vachhani and Mr. Mayank Bharatkumar Vachhani, both Whole-Time Directors, will now receive ₹10,00,000 per annum each, revised from ₹6,00,000 per annum. All these changes are effective from April 1, 2026, and require shareholder approval.
In preparation for the 28th Annual General Meeting, the Board appointed Mr. Dixit Dipakkumar Shah as the scrutinizer. The cut-off date to record shareholder entitlement for electronic voting was fixed as July 24, 2026. The Board also approved the notice convening the 28th Annual General Meeting.
Remuneration Revisions
| Director | Role | Previous Remuneration (per annum) | Revised Remuneration (per annum) | Effective Date |
|---|---|---|---|---|
| Mr. Bharatkumar Popatlal Vachhani | Managing Director | ₹50,00,000 | ₹72,00,000 | 01.04.2026 |
| Mr. Ajay Popatlal Vachhani | Whole-Time Director | ₹50,00,000 | ₹72,00,000 | 01.04.2026 |
| Mr. Ankit Bharatbhai Vachhani | CFO and Director | ₹18,00,000 | ₹25,00,000 | 01.04.2026 |
| Mr. Tanmai Ajaybhai Vachhani | Whole-Time Director | ₹6,00,000 | ₹10,00,000 | 01.04.2026 |
| Mr. Mayank Bharatkumar Vachhani | Whole-Time Director | ₹6,00,000 | ₹10,00,000 | 01.04.2026 |
Historical Stock Returns for Mayank Cattle Food
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.48% | -7.50% | +6.29% | +32.53% | -5.78% | +76.78% |
How will the significant increase in director remuneration impact the company's overall profitability and operating margins in FY27?
What strategic performance targets or growth milestones justify the 44% salary hike for the Managing Director and Whole-Time Director?
Are there any anticipated changes in corporate governance policies or shareholder engagement strategies following these executive compensation revisions?
20
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
