Ovobel Foods Ltd — Important, 10-08-2026: Company Update

Ovobel Foods Limited's Board of Directors has approved the appointment of Mr. Mysore Narayana Sreedhara as an Additional Director, serving as an Independent and Non-Executive member. This strategic addition is for a five-year tenure, pending shareholder approval. Mr. Sreedhara brings substantial professional experience spanning 38 years in taxation and financial laws, including expertise in GST and Income Tax matters. His appointment aims to bolster the board's capabilities, particularly in financial and tax compliance oversight. The company confirmed he has no relationship with current board members and is eligible to hold the position.