Flex Foods Ltd Announces Appointments and Re-appointments to Independent Director Positions
Flex Foods Limited has announced the appointment and re-appointment of key independent directors following the approval of Special Resolutions by shareholders at the 36th Annual General Meeting held on July 16, 2026.The company confirmed the re-appointment of Mr. Pradeep Narendra Poddar for a second term as an Independent and Non-Executive Director. His tenure is set for a period of five consecutive years, beginning July 21, 2026, and concluding on July 20, 2031.
Additionally, the company appointed Mr. Paresh Nath Sharma as an Independent and Non-Executive Director. His first term will span three consecutive years, effective from May 19, 2026, until May 18, 2029.
Director Profiles and Terms
The following table details the professional backgrounds and specific terms of appointment for both directors:| Director Name | Position | Term Duration | Tenure Period | Professional Background |
|---|---|---|---|---|
| Mr. Pradeep Narendra Poddar | Independent and Non-Executive Director | 5 Years | July 21, 2026 to July 20, 2031 | A Chemical Engineer from UDCT Mumbai (1976) with a PGDM (MBA) from IIM Ahmedabad (1978). He has served in leadership roles at Glaxo Foods, Heinz, and Tata. He received the Udyog Ratna award in 2001 and has held board positions at Nourishco, Welspun, and Uflex Ltd. He currently serves as Chairman of Tasty Bite Eatables Ltd. |
| Mr. Paresh Nath Sharma | Independent and Non-Executive Director | 3 Years | May 19, 2026 to May 18, 2029 | A Science Graduate and Fellow Member of the Institute of Chartered Accountants of India. He completed a Senior Management Course at Henley Management College, UK, and possesses approximately four and a half decades of experience in finance, audit, export, and administration across various organizations including MMTC Limited and Airport Authority of India. |
Both appointees have provided declarations confirming they are not debarred from holding the Office of Director by any regulatory authorities and are eligible for their respective positions. The company confirmed that neither director holds any familial relationships with other members of the Board.
Stock Price Movement
Flex Foods Ltd-$ shares settled at ₹43.47, up 0.46% at the close of trade this Thursday. The stock saw some volatility during the session, swinging between a low of ₹41.67 and a high of ₹43.89.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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