Indo Farm Equipment Seeks Shareholder Approval for Amit Kumar's Appointment as Director and Whole-Time Director

Indo Farm Equipment Limited , a leading manufacturer of tractors and construction equipment, has initiated a postal ballot to seek shareholder approval for the appointment of Mr. Amit Kumar as a Director and Whole-Time Director of the company. This move comes as part of the company's efforts to strengthen its leadership team and drive future growth.

Key Details of the Proposed Appointment

Candidate: Mr. Amit Kumar (DIN: 11371053)
Proposed Role: Director and Whole-Time Director
Tenure: Three years, effective from November 12, 2025
Remuneration: Monthly salary of Rs. 2,00,000 plus perquisites

Voting Process

The company has announced that the remote e-voting process for this postal ballot will commence on November 20, 2025, and conclude on December 19, 2025. Shareholders are encouraged to participate in this decision-making process.

About Amit Kumar

Mr. Amit Kumar brings extensive experience to Indo Farm Equipment:

Over 14 years of diverse experience in manufacturing, operations, and strategic procurement
Strong background in organizational leadership
Holds an MBA (2012) and a bachelor's degree in engineering (2010) from Maharshi Dayanand University, Rohtak
Demonstrated expertise in managing plant operations, vendor development, and supply chain efficiency
Proven track record in ensuring adherence to ISO/IATF quality systems and statutory compliance

Proposed Responsibilities

If appointed, Mr. Kumar will oversee the Tractor and Construction Equipment Division of Indo Farm Equipment Limited. His role will be crucial in managing day-to-day operations and driving strategic initiatives in these key business areas.

Company Performance

To provide context for this appointment, here's a snapshot of Indo Farm Equipment's recent financial performance:

Particulars (in Lakhs)	FY 2025	FY 2024	FY 2023
Total Income	36,966.90	35,347.17	34,792.01
Profit Before Tax	2,494.19	2,140.11	1,805.92
Profit After Tax	2,261.48	1,354.46	1,216.64
Share Capital	4,805.16	3,755.16	1,877.58
Net Worth	51,543.56	30,208.29	27,744.46

The company has shown consistent growth in total income and profitability over the past three years, indicating a strong financial foundation for future expansion and leadership appointments.

Shareholder Considerations

The Board of Directors recommends the approval of Mr. Kumar's appointment, citing his expertise and proven track record as valuable assets for the company's future growth. Shareholders are advised to review the detailed postal ballot notice, which includes comprehensive information about Mr. Kumar's background, proposed remuneration, and the company's rationale for this appointment.

As Indo Farm Equipment Limited continues to navigate the dynamic automotive and construction equipment markets, the proposed appointment of Mr. Amit Kumar as Director and Whole-Time Director represents a strategic move to enhance the company's operational capabilities and drive long-term value for shareholders.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.37%	-4.60%	-15.04%	+36.23%	-24.22%	-24.22%

Indo Farm Equipment Limited has announced a significant change in its leadership. Mr. Charan Singh Saini, who held the position of Whole-Time Director, has tendered his resignation from the company, effective immediately from October 28, 2025.

Resignation Details

The company disclosed this development to both the BSE and NSE exchanges, adhering to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the official announcement, Mr. Saini cited personal reasons for his departure in his resignation letter.

Key Information

Particular	Detail
Name	Mr. Charan Singh Saini
DIN	06864826
Position	Whole-Time Director
Effective Date of Resignation	October 28, 2025
Reason for Resignation	Personal reasons

Compliance and Disclosure

Indo Farm Equipment Limited has complied with the regulatory requirements by promptly informing the stock exchanges about this change in directorship. The company's Company Secretary and Compliance Officer, Navpreet Kaur, signed the official communication to the exchanges.

Impact and Next Steps

While the specific impact of Mr. Saini's departure on the company's operations remains to be seen, such changes in key management positions often lead to adjustments in company strategy and operations. Shareholders and market analysts will likely be watching closely for any further announcements regarding a potential replacement or restructuring of roles within the company's leadership team.

Indo Farm Equipment Limited has not provided any information about a successor for the position vacated by Mr. Saini. The company may address this in future communications to shareholders and the stock exchanges.

Stakeholders are advised to keep an eye on any further developments or statements from the company regarding its leadership structure and future plans.