Chatha Foods Limited has issued a regulatory announcement addressing concerns about potential LPG supply constraints in India, assuring stakeholders that its manufacturing operations will remain unaffected. The communication, filed under Regulation 30 of SEBI regulations on March 12, 2026, provides clarity on the company's operational resilience amid ongoing discussions about energy supply challenges.

Manufacturing Independence from LPG

The company has clarified that its production processes are not dependent on LPG as a primary energy source. This strategic operational design positions Chatha Foods favorably during potential supply disruptions that could affect other manufacturers relying heavily on LPG for their production needs.

Facility Operations and Continuity

Chatha Foods operates through two manufacturing units located in Punjab. The facilities are specifically designed to function through electricity and diesel-powered systems, enabling continuity of operations independent of LPG availability. This operational framework ensures that any potential disruption or shortage in LPG supply will not materially impact the company's manufacturing activities.

Stakeholder Assurance and Monitoring

The company has emphasized its commitment to maintaining consistent production and supply to its partners and customers. Management has indicated that Chatha Foods will continue monitoring the broader energy supply environment and take appropriate steps where necessary to ensure operational stability. This proactive approach demonstrates the company's preparedness to navigate potential supply chain challenges while maintaining business continuity.

Chatha Foods Limited announced the outcome of its board meeting held on March 11, 2026, regarding significant governance changes including director appointment and committee reconstitution. The company made strategic appointments to strengthen its leadership structure and ensure regulatory compliance.

Board Appointment and Director Details

The board approved the appointment of Ms. Divya Babel (DIN: 11590210) as an Additional Director in the capacity of Non-Executive Independent Director for a period of 5 years with effect from March 11, 2026. The appointment is subject to approval by shareholders at the company's ensuing Annual General Meeting.

Ms. Babel is a seasoned finance professional with over 10 years of experience in financial operations, taxation, compliance, and business consulting. She is a qualified Chartered Accountant with a Postgraduate Certification from IIM Indore. Her expertise spans financial reporting under IFRS, Ind AS, and US GAAP, treasury management, budgeting, and MIS reporting. She has proven experience in fundraising, investor reporting, project finance, and implementing SOPs and ESOP structures. The appointment addresses the vacancy caused by the resignation of Mr. Sanjiv Swarup, Non-Executive Independent Director.

Committee Reconstitution

The board approved the reconstitution of the Nomination and Remuneration Committee with effect from March 11, 2026. The new committee composition includes three independent directors:

Senior Management Changes

The board approved a change in designation for Mrs. Rachna Singh Chaudhry from Corporate Human Resource to Chief Human Resource Officer (CHRO), designated as Senior Management Personnel of the Company, effective March 11, 2026.

Mrs. Chaudhry brings over two decades of extensive experience in strategic HR leadership, organizational development, industrial relations, and corporate HR operations across diverse industries including pharmaceuticals, biotechnology, and engineering. She has demonstrated expertise in designing comprehensive HR strategies, talent acquisition, performance management, employee engagement, and compliance management. Her previous roles include Head – HR at Theon Pharmaceuticals Ltd. and senior HR leadership positions with Kwality Pharmaceuticals Ltd. and Centogene India.

Regulatory Compliance and Disclosures

The company confirmed that Ms. Babel is not related to promoters or promoter group and fulfills independence criteria under the Companies Act, 2013 and Listing Regulations. The newly appointed director is not debarred from holding directorship by SEBI or any other authority. All disclosures have been made in accordance with Schedule III of the Listing Regulations and SEBI Master Circular dated January 30, 2026. The intimation has been uploaded on the company's website at https://cfpl.net.in/ .