Nitta Gelatin India Appoints Vishnuraj P IAS as New Non-Executive Nominee Director

1 min read     Updated on 23 Sept 2025, 06:07 PM
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Overview

Nitta Gelatin India Limited has appointed Shri. Vishnuraj P IAS as a Non-Executive Nominee Director, replacing Shri. Mir Mohammed Ali IAS, effective September 23, 2025. The appointment follows a nomination from Kerala State Industrial Development Corporation Limited (KSIDC), a promoter of the company. Vishnuraj P IAS, a 2019 batch IAS officer, currently serves as the Managing Director of KSIDC and holds additional key positions in the Kerala government. He brings diverse experience from roles in administration, industries, tourism, sports, and infrastructure development.

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*this image is generated using AI for illustrative purposes only.

Nitta Gelatin India Limited , a leading manufacturer of gelatin and collagen peptide, has announced a significant change in its board composition. The company has appointed Shri. Vishnuraj P IAS as a Non-Executive Nominee Director, replacing Shri. Mir Mohammed Ali IAS, effective September 23, 2025.

Board Reshuffle

The appointment comes following a nomination from Kerala State Industrial Development Corporation Limited (KSIDC), a promoter of Nitta Gelatin India. This change in directorship was communicated to the BSE Limited on the same day, adhering to the regulatory requirements under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

About the New Director

Shri. Vishnuraj P IAS brings a wealth of experience and expertise to his new role:

  • IAS Officer: He is a 2019 batch Indian Administrative Service officer from the Kerala cadre.
  • Current Role: Serves as the Managing Director of KSIDC and holds additional charge as Director, Department of Industries & Commerce, and Special Officer (Plantations).
  • Educational Background:
    • B.Tech in Electronics & Communication Engineering from NIT Calicut
    • M.P.M. from JNU, New Delhi
    • LL.M. from NLU, Delhi

Professional Journey

Before his appointment to the IAS, Vishnuraj P served as an Indian Forest Service officer in 2018. His administrative career includes several key positions:

  • Assistant Collector, Malappuram
  • Sub Collector, Ernakulam
  • Deputy Secretary, PWD
  • Director, PIEMD
  • Director, Sports & Youth Affairs

These roles have provided him with diverse experience across industries, tourism, sports, plantations, and infrastructure development in Kerala.

Regulatory Compliance

In compliance with SEBI regulations, Nitta Gelatin India has affirmed that Shri. Vishnuraj P IAS is not debarred from holding the office of Director by any order from SEBI or any other authority. The company also disclosed that while Vishnuraj P IAS is not related to any Director of the company, another Director, Shri. A P M Mohamedhanish IAS, is also a Nominee of the promoter, KSIDC.

This strategic appointment is expected to bring fresh perspectives to Nitta Gelatin India's board, potentially influencing the company's future direction and governance.

Historical Stock Returns for Nitta Gelatin

1 Day5 Days1 Month6 Months1 Year5 Years
-0.77%-3.88%-3.63%+25.02%+8.14%+489.44%
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Nitta Gelatin Reports Steady Q1 EBITDA at ₹275 Crore Amid Margin Pressure

1 min read     Updated on 01 Aug 2025, 08:38 PM
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Riya DeyScanX News Team
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Overview

Nitta Gelatin India Limited maintained a stable EBITDA of ₹275.00 crore in Q1, matching last year's performance. The EBITDA margin slightly decreased to 19.80% from 20.94%. The company appointed Mr. Uppiliyappan C as CFO-Designate and Mr. Vinod S. Menon as HR Head-Designate. Nitta Gelatin also held its 49th AGM via video conferencing, addressing financial statements, dividends, and director re-appointments.

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*this image is generated using AI for illustrative purposes only.

Nitta Gelatin India Limited , a leading manufacturer of gelatin and collagen peptide, has announced its financial results for the first quarter, showcasing resilience in its operations despite facing some challenges.

Financial Performance

The company reported an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of ₹275.00 crore for the first quarter, maintaining the same level as the corresponding period last year. This stability in EBITDA demonstrates Nitta Gelatin's ability to sustain its operational performance in a challenging environment.

However, Nitta Gelatin experienced a slight decline in its EBITDA margin, which decreased to 19.80% compared to 20.94% in the same quarter of the previous year. This margin compression indicates some pressure on the company's profitability, possibly due to factors such as increased input costs or competitive market conditions.

Management Changes

In a separate development, Nitta Gelatin has announced key appointments to strengthen its senior management team:

  1. New Chief Financial Officer: Mr. Uppiliyappan C has been appointed as the Chief Financial Officer (CFO)-Designate. With over 18 years of experience in managing core finance functions across global and Indian entities, Mr. Uppiliyappan brings expertise in strategic financial planning, cost optimization, and operational finance.

  2. Head of Human Resources: Mr. Vinod S. Menon has been appointed as the Head of Human Resources (HR)-Designate. Mr. Menon has more than 24 years of comprehensive HR experience and is expected to drive business growth through people-centric practices and leadership excellence.

These appointments are likely to bring fresh perspectives and strengthen the company's financial management and human resource strategies.

Annual General Meeting

Nitta Gelatin recently held its 49th Annual General Meeting (AGM) through video conferencing. The meeting, chaired by Mr. A P M Mohammed Hanish IAS, saw the participation of various board members and senior management. Key agenda items included the adoption of financial statements, declaration of dividends, and the re-appointment of directors.

The company's commitment to corporate governance and shareholder engagement was evident in the proceedings of the AGM, which included addressing queries from shareholders and discussing the company's performance and future outlook.

As Nitta Gelatin navigates through the current economic landscape, the steady EBITDA performance and strategic management appointments suggest a focus on maintaining operational efficiency while preparing for future growth opportunities.

Historical Stock Returns for Nitta Gelatin

1 Day5 Days1 Month6 Months1 Year5 Years
-0.77%-3.88%-3.63%+25.02%+8.14%+489.44%
Nitta Gelatin
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