Newtrac Foods & Beverages Names Vaibhav Chaturvedi as Whole Time Company Secretary
Newtrac Foods & Beverages Limited, formerly known as Markobenz Ventures Limited, announced that its Board of Directors approved the appointment of Mr. Vaibhav Chaturvedi as the Whole Time Company Secretary. The decision was made during the Board Meeting held on April 8, 2026.The Board meeting commenced at 06:00 P.M. and concluded at 06:45 P.M. Following internal discussions, it was approved that Mr. Vaibhav Chaturvedi would be appointed in place of Mr. Jai Prakash Maurya, as Mr. Maurya was found not to be eligible based on the Company's requirements.
Mr. Vaibhav Chaturvedi brings professional experience to the role. He is a qualified Company Secretary with approximately one year of professional experience in corporate governance, compliance management, and secretarial practices. As the newly appointed Whole-Time Company Secretary, he will play a key role in ensuring adherence to statutory and regulatory requirements.
The key details regarding the appointment are summarized below:
| Reason for change | Appointment of Mr. Vaibhav Chaturvedi as Whole Time Company Secretary of the company. |
|---|---|
| Date of appointment / term of appointment | Whole time Company Secretary w.e.f 08th April, 2026. |
| Brief profile | Mr. Vaibhav Chaturvedi is a qualified Company Secretary with approximately one year of professional experience in corporate governance, compliance management, and secretarial practices. He has been appointed as the Whole-Time Company Secretary of the Company and plays a key role in ensuring adherence to statutory and regulatory requirements. |
Mr. Bhavin Yogesh Shukla, Managing Director of Newtrac Foods & Beverages Limited, signed the notification confirming the appointment.
Stock Price Movement
At the close of trade on Wednesday, Newtrac Foods & Beverages Ltd settled at ₹5.14, surging up 17.08% for the day. Throughout the session, the shares moved within a wide intraday range, testing as low as ₹4.11 and achieving a high of ₹5.26.Source:
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