Shah Foods Ltd — Important, 08-07-2026: Company Update

Shah Foods has announced a significant management change following a successful open offer, making Mr. Ankit Jalan and Mr. Anuj Jalan the new promoters. The board appointed Mr. Anuj Jalan as Chairman and Additional Managing Director, and Mr. Rajkumar Jalan as Additional Executive Director, subject to shareholder approval. Key new appointments include a Company Secretary, Chief Financial Officer, and several Independent and Non-Executive Directors. This leadership transition marks a new era for the company, as previous management members have resigned, signaling a complete overhaul.