Vidhi Specialty Food Ingredients Limited Appoints Independent Director for Five Years
Vidhi Specialty Food Ingredients Limited announced that its Board of Directors appointed Mr. Chetan Prabhudas Bavishi as an Additional Director in the category of NonExecutive Independent Director. The appointment was made during a meeting held on August 11, 2026.The company stated that the decision to appoint Mr. Chetan Prabhudas Bavishi was based on the recommendation of the Nomination and Remuneration Committee.
Mr. Bavishi's tenure as an Additional Director is set for five years, commencing from August 11, 2026, and ending on August 10, 2031. The appointment is subject to the approval of the shareholders at the next Annual General Meeting of the Company, and he will not be liable to retire by rotation.
The Board meeting commenced at 4:30 pm and concluded at 5:00 pm.
Profile Details of Appointed Director
Mr. Chetan Prabhudas Bavishi holds a Commerce degree and brings over 40 years of experience from the Iron and Steel Industry sector. He has previously served as a Non-Executive Independent Director of the Company from January 06, 2003, until June 12, 2018.Details regarding Mr. Bavishi's background are summarized below:
| Particulars | Details |
|---|---|
| Name | Mr. Chetan Prabhudas Bavishi |
| Position | Additional Director / NonExecutive Independent Director |
| Appointment Date | August 11, 2026 |
| Term of Appointment | Five years (until August 10, 2031) |
| Experience | Over 40 years in Iron and Steel Industry |
| Previous Tenure | January 06, 2003 to June 12, 2018 |
| Relationship Status | Not related to any Director on the Board of the Company |
VIDHIING Stock Price Movement
Vidhi Specialty Food Ingredients Limited shares closed today, edging higher as the stock gained 1.5% to settle at ₹315.70. The equity traded on a volume of 11,591 shares, having tested during the session between a low of ₹310 and a high of ₹319.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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