Vidhi Specialty Food Ingredients has scheduled its 33rd Annual General Meeting (AGM) for Thursday, September 24, 2026. The meeting is set to commence at 3:30 pm via Video Conference or Other Audio-Visual Means (VC/OAVM), in compliance with regulatory guidelines permitting remote participation.

Meeting Details

The company will transact the business outlined in the AGM notice exclusively through an e-voting facility. Shareholders can attend and participate in the meeting remotely, with their attendance counted toward the quorum requirements under Section 103 of the Companies Act.

Document Access

In accordance with Ministry of Corporate Affairs circulars and SEBI Listing Regulations, the Notice of AGM along with the Annual Report for FY25-26 will be dispatched only through electronic mode to members who have registered their email addresses with the company, depositories, or the Registrars and Share Transfer Agent (R&TA).

Members who have not registered their email IDs will receive a letter containing a weblink to access the Annual Report. Physical copies of the report are available upon request by writing to the company with Folio No./DP ID and Client ID details. The documents are also accessible on the company’s investor relations website and the stock exchange portals.

Vidhi Specialty Food Ingredients has appointed Chetan Prabhudas Bavishi as an Additional Non-Executive Independent Director for a term of five years, effective from August 11, 2026. The Board of Directors approved the appointment during its meeting held on August 11, 2026, acting on the recommendation of the Nomination & Remuneration Committee. This appointment strengthens the company’s governance structure by adding a director with over 40 years of experience in the iron and steel industry to the board. The appointment is subject to ratification by shareholders at the next Annual General Meeting.

The appointment was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Bavishi’s tenure will run from August 11, 2026, up to August 10, 2031. As an Additional Director, he will not be liable to retire by rotation until his appointment is confirmed by shareholders. The Board meeting commenced at 4:30 pm and concluded at 5:00 pm on the date of the resolution.

Mr. Bavishi brings extensive corporate governance experience to Vidhi Specialty Food Ingredients. He is a Commerce graduate with more than 40 years of experience in the iron and steel industry. Notably, he previously served as a Non-Executive Independent Director of the company from January 06, 2003, till June 12, 2018. His reappointment reflects the board’s confidence in his prior contributions and continued independence.

The filing confirms that Mr. Bavishi is not related to any other director on the board, ensuring compliance with independence criteria. He has also confirmed that he is not debarred from holding the office of a director by virtue of any order from SEBI or any other authority. These disclosures align with Circular No. LIST/COMP/14/2018-19 issued by BSE and NSE/CML/2018/24 dated June 20, 2018, issued by NSE.

Governance Implications

The addition of Mr. Bavishi to the board enhances the diversity of industry experience within the leadership team. His background in the iron and steel sector may provide valuable insights for supply chain and operational efficiencies, although his primary role will be oversight and governance rather than operational management. The requirement for shareholder approval ensures that the broader investor base retains final say in the composition of the independent director pool.