Prataap Snacks Limited has announced a key leadership change with the resignation of its Sr. Vice President & Head – Sales. The company informed stock exchanges about this senior management personnel departure in compliance with regulatory requirements.

Senior Sales Executive Departure

Mr. Amrit Choudhary has resigned from his position as Sr. Vice President & Head – Sales, citing personal reasons for his decision. The resignation was formally submitted on January 9, 2026, with an effective date of February 21, 2026, at the closure of business hours.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Sanjay Chourey communicated the resignation details to both the National Stock Exchange of India Limited and BSE Limited, ensuring compliance with regulatory requirements.

Executive's Farewell Message

In his resignation letter addressed to Managing Director & Chief Executive Officer Mr. Amit Kumat, Choudhary expressed gratitude for his tenure with the organization. He described his association with the company as "beautiful" and mentioned carrying "priceless memories" from his time in the leadership role. The executive acknowledged that the decision was not easy but emphasized that personal circumstances necessitated this career move.

Management Transition

The resignation represents a significant change in Prataap Snacks' sales leadership structure. The departure of the Sr. Vice President & Head – Sales position indicates the company will need to address this key leadership vacancy in its sales operations. The company has accepted the resignation, as evidenced by the Managing Director's acceptance signature on the resignation letter.

Prataap Snacks Limited has announced its financial results for the quarter and nine months ended December 31, 2025, reporting the highest ever quarterly revenue in the company's history. The leading Indian snacks food company delivered strong performance with revenue growth across both year-on-year and quarter-on-quarter comparisons.

Q3FY26 Financial Performance

The company demonstrated robust growth in the third quarter, with significant improvements across key financial metrics. Revenue growth was supported by expanded retail reach and improved execution across growth products and expanding markets.

Nine Months Performance

For the nine months ended December 31, 2025, Prataap Snacks demonstrated strong operational improvements with significant EBITDA growth and return to profitability.

Management Commentary and Strategic Initiatives

MD Amit Kumat highlighted early signs of improving customer sentiment across markets and regions. The company invested approximately Rs. 9 crore towards scaling presence in alternate channels, particularly quick commerce, which is expected to support revenue growth in coming quarters.

The sequential EBITDA margin contraction of 300 basis points was attributed to increased input costs, especially palm oil, and investments in alternate channels. However, operational efficiency improvements and better realizations mitigated the impact to 90 basis points.

Capacity Expansion Plans

The Board has approved establishment of a new state-of-the-art manufacturing facility near Indore with capacity of 60,000 MT, requiring investment up to Rs. 425 crore. The facility will incorporate higher automation levels, enabling improved process efficiency and significant overhead reduction.

Regulatory Compliance

The financial results were announced under Regulation 33 of SEBI Listing Regulations through Company Secretary Sanjay Chourey. The company trades on NSE under symbol DIAMONDYD and BSE with security code 540724, maintaining full compliance with listing requirements.