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Incorporated in 2016, Annapurna SwadishtLtd is in the business of manufacturing Food Products
Annapurna Swadisht's board saw leadership changes: Shreeram Bagla (MD) resigned. Rohit Singhania (CEO) stepped down to focus on sales, with Ritesh Shaw taking over as MD & CEO. Board also approved raising borrowing limits to ₹350 Cr, awaiting shareholder nod at the Sep 30 AGM.
Annapurna Swadisht's board approved leadership changes: Shreeram Bagla resigned as MD, Ritesh Shaw is now MD & CEO, and Rohit Singhania stepped down as CEO to lead sales. The board also seeks shareholder approval to raise borrowing limits to ₹350 Cr. The 5th AGM is set for September 30.
Annapurna Swadisht reported Q1 FY27 consolidated revenue of ₹127 Cr, EBITDA ₹21 Cr, and PAT ₹9.81 Cr, showing strong YoY growth. Management aims for ₹750 Cr revenue and ₹113 Cr EBITDA for FY27, targeting ₹1,000 Cr+ revenue and ₹100 Cr+ PAT by FY28. Diversification into confectionery (Madhur) and ready-to-cook (Andri...