VB Industries Limited has announced significant changes in its key management personnel, with the board approving the resignation of Chief Financial Officer Jagannath Pandit and the appointment of Jagdish Prasad Purohit as the new CFO, both effective March 27, 2026.

Board Meeting Outcomes

The company's board meeting, conducted on March 27, 2026, from 10:00 hours to 10:35 hours, addressed the CFO transition following recommendations from the Nomination & Remuneration Committee. The decisions were made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Outgoing CFO Details

Jagannath Pandit tendered his resignation from the position of Chief Financial Officer and Key Managerial Personnel through a formal letter dated March 26, 2026. In his resignation letter, Pandit cited personal reasons for his departure and confirmed that no other factors contributed to his decision to leave the company.

New CFO Appointment

The board has appointed Jagdish Prasad Purohit as the new Chief Financial Officer, effective March 27, 2026. Purohit brings substantial experience to the role, with over 30 years of expertise across multiple financial domains.

Professional Background

Purohit holds educational qualifications in commerce (B.Com.) and law (LLB), providing him with a comprehensive understanding of business and legal frameworks. His extensive professional experience spans several critical areas:

• Accounts and Taxation: Deep expertise in financial accounting and tax management
• Capital & Money Market: Comprehensive knowledge of financial markets and capital management
• Legal & Secretarial Matters: Strong understanding of corporate legal and compliance requirements

Regulatory Compliance

The company has fulfilled all regulatory disclosure requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcements include detailed disclosures as mandated by Regulation 30 read with Schedule III - Para A(7B) of Part A of the Listing Regulations.

The transition ensures continuity in the company's financial leadership while bringing fresh expertise to guide VB Industries Limited's financial strategy and operations going forward.

VB Industries Limited has filed an intimation with BSE confirming that the certificate requirement under SEBI LODR Regulation 57(4) is not applicable to the company for the first quarter ended June 30, 2026. The regulatory filing was submitted on March 25, 2026, by Managing Director Dhruva Narayan Jha.

Regulatory Compliance Details

The company's intimation relates to the non-applicability of certificate requirements under Regulation 57(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. This regulation pertains to the schedule of payment obligations for non-convertible securities.

Non-Convertible Securities Status

VB Industries Limited confirmed that it has not issued any non-convertible securities, making the certificate requirement under the specified regulation inapplicable. The company stated that details of schedule of payment of interest, dividend, or principal obligations on such securities are not relevant for the reporting period.

The filing also confirmed that there were no unpaid interest, dividend, or principal obligations in relation to non-convertible securities during the quarter.

Company Information

VB Industries Limited is incorporated under CIN L51909WB1982PLC035222 and is headquartered at P-27, Princep Street, 3rd Floor, Kolkata. The regulatory communication was signed by Dhruva Narayan Jha, Managing Director with DIN 01286654, ensuring compliance with disclosure requirements under SEBI regulations.