<h1>Prataap Snacks Limited Reconstitutes Key Board Committees Following Chairman Appointment</h1>
Prataap Snacks Limited announced a significant change in its corporate governance structure, confirming the reconstitution of several key committees following the appointment of a new Chairman by the Board of Directors. The changes were formalized during a Board meeting held on August 01, 2026.
The Board addressed the resignation of Mr. Arvind Mehta as Chairman of the Company. Subsequently, Mr. Apoorva Kumat was appointed to assume the position of Chairman.
Consequent to these management developments, the Board approved the immediate reconstitution of multiple important committees, including the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Risk Management Committee, and CSR Committee.
The composition of the newly constituted Audit Committee is as follows:
| Sr. No. | Name of the Director | Position in the Committee |
|---|---|---|
| 1. | Venkatavaraghavan Thiruvenkata Bharadwaj | Chairman |
| 2. | Venu Vashista | Member |
| 3. | Amit Kumat | Member |
The Nomination and Remuneration Committee, which was also reconstituted by the Board, includes:
| Sr. No. | Name of the Director | Position in the Committee |
|---|---|---|
| 1. | Venkatavaraghavan Thiruvenkata Bharadwaj | Chairman |
| 2. | Venu Vashista | Member |
| 3. | Apoorva Kumat | Member |
The structure of the Stakeholders Relationship Committee features four directors, comprising:
| Sr. No. | Name of the Director | Position in the Committee |
|---|---|---|
| 1. | Venkatavaraghavan Thiruvenkata Bharadwaj | Chairman |
| 2. | Venu Vashista | Member |
| 3. | Amit Kumat | Member |
| 4. | Apoorva Kumat | Member |
For Risk Management, the committee is chaired by Venu Vashista and comprises Venkatavaraghavan Thiruvenkata Bharadwaj and Amit Kumat as members.
Similarly, for the CSR Committee, Venu Vashista serves as Chairperson, with Venkatavaraghavan Thiruvenkata Bharadwaj and Amit Kumat listed as members of the committee.
DIAMONDYD Stock Price Movement
On Monday, Prataap Snacks Limited shares settled at ₹1163.8, edging higher after closing with a 0.04% gain. The equity traded within a significant range on the day, moving between a low of ₹1102.1 and a high of ₹1199.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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