ALPHA TRIBE

Shanti Guru Industries LtdImportant, 17-12-2025: Company Update

17-12-2025 | 03:07 pm

Shanti Guru Industries' board has announced significant management changes and strategic updates. Mr. Jayaraman Madhusuthan resigned as Independent Director, while Mr. Mahipal Sanghavi stepped down as CFO. The company appointed Mr. Shripal Sanghavi as the new CFO, and Ms. Sarika SSangavi joined as an Additional Non-Executive Director. Mr. Santosh Choudannanavar was appointed as an Independent Director, leading to a reconstitution of key board committees. Facing margin challenges in retail, the company plans a new food product manufacturing facility and will sell approximately 150 cents of freehold land at Madhavaram to secure working capital. The 15th Annual General Meeting has been scheduled.

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