Shah Foods Limited seeks shareholder approval to change its name to Tandhan Energies Limited and to enter into related party transactions worth ₹500 crore with its subsidiary, Tandhan Power Technologies Private Limited. The proposals, along with the appointment of six directors including Mr. Anuj Jalan as Chairman and Managing Director, will be decided through a postal ballot process. The remote e-voting facility opens on July 19, 2026, and closes on August 17, 2026.

Postal Ballot Resolutions

The Board has approved ten resolutions for shareholder ratification. Key proposals include the appointment of Mr. Anuj Jalan as Chairman and Managing Director for three years, Mr. Raj Kumar Jalan as Executive Director, and Mr. Daivik Jalan as Non-Independent Non-Executive Director. Additionally, the company seeks approval to appoint three Independent Non-Executive Directors—Ms. Pragati Goel, Mr. Giri Raj Parashar, and Mr. Shivam Gupta—for a term of five years.

Related Party Transactions and Loans

Shareholders are asked to approve material related party transactions with Tandhan Power Technologies Private Limited for the financial year 2026-27. The approval covers transactions up to a value of ₹500 crore per transaction. The company also seeks authorization under Section 185 of the Companies Act, 2013 to advance loans, provide guarantees, or security to group entities up to an aggregate limit of ₹500 crore.

Change of Name and Registered Office

The company proposes to change its name from Shah Foods Limited to Tandhan Energies Limited to reflect its transition into a new line of business. A certificate from a Practicing Chartered Accountant confirms that the company has invested over 50% of its total assets in the new activity. Furthermore, the Board seeks approval to shift the registered office from the State of Gujarat to the State of West Bengal to facilitate future business planning and expansion.

Key Proposals and Appointments

Bigshare Services Private Limited has been engaged to provide the remote e-voting facility. M/s. MR & Associates, Practicing Company Secretaries, has been appointed as the Scrutinizer to conduct the postal ballot process. The results will be declared within two working days from the conclusion of the e-voting period.

Shah Foods has announced the appointment of Vikash Agarwal as its new Chief Financial Officer. The development represents a notable change in the company's senior finance leadership.

Leadership Change

The company has named Vikash Agarwal to the role of Chief Financial Officer. The appointment signals a transition in the financial leadership of Shah Foods.