IFB Industries Announces Board Appointments of Two Directors
IFB Industries Limited announced key appointments to its board of directors following a meeting held on April 9, 2026. The company confirmed the appointment of Mr. Manoj Kumar Vijay as an Additional Director and Mr. Sandeep Joseph Abraham to multiple senior roles.The board meeting on April 9, 2026, included consideration and approval for these appointments.
Mr. Manoj Kumar Vijay was appointed as an Additional Director in the category of Non-Executive Independent Director, effective from April 9, 2026, for a period of two years. Mr. Vijay, aged 60, holds a Bachelor of Commerce degree from Calcutta University and a Diploma in Multimedia design. His professional experience spans over 36 years across various capacities in areas such as accounts and finance, business management and administration, human Resource, and legal matters at the Usha Martin Group. He has served as an independent board member for Usha Martin Education & Solutions Limited (Listed) and Peterhouse Investments India Limited, and is also the Director for RWRopeways Private Limited, KGVK Agro Limited, and Redtech Network India Private Limited.
Simultaneously, Mr. Sandeep Joseph Abraham was appointed with multiple designations, effective April 9, 2026, for a term of five years. These roles include Additional Director, Managing Director, and Chief Executive Officer of the Company.
Mr. Abraham, 57 years old, is a Mechanical Engineer from REC Tiruchirapalli and completed his Post Graduate Diploma in Management from IIM Ahmedabad. His profile notes over 30 years of experience leading growth in diverse B2B and B2C sectors. He possesses experience managing a business close to ₹20,000 Cr, driving product innovation, and achieving strategic business milestones. His career has seen him work with companies including TAFE, GSK Consumer Healthcare, SIFY, Trident Hotels, and Vodafone, and he was lastly employed with MRF as Vice President - Business Development for more than 11 years.
The appointment of both directors is subject to the approval of the shareholders, either at a General Meeting or through Postal Ballot.
The details of these appointments, including professional profiles, were provided in an annexure detailing the appointments.
The following table summarizes the core appointment details:
| Director Name | DIN | Role Appointed | Effective Date | Term Duration |
|---|---|---|---|---|
| Manoj Kumar Vijay | 00075792 | Additional Director (Non-Executive Independent) | 9th April, 2026 | 2 years |
| Sandeep Joseph Abraham | 11656222 | Additional Director, Managing Director, CEO | 9th April, 2026 | 5 years |
IFBIND Stock Price Movement
Today, shares of IFB Industries Limited gained 1.39% to close at ₹1040.2, ending a positive session in post-market trading. The stock finished on a volume of 54,860 shares, having ranged throughout the day between ₹1031.85 and ₹1069.35.Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.