Vandan Foods Ltd

Resignation of Independent Director

• Resignation of Independent Director Manish Shrichand Bachani effective 24 July 2026 due to other professional commitments.

demat/remat request status

• No demat/remat requests were received during the quarter ended 30 June 2026.

• Regulation 74(5) not applicable as the entire shareholding is in demat form.

• Since no requests were received, there were no processing actions required by the Registrar.

• The filing does not state listing confirmation post-dematerialisation.

Corporate guarantee extension

• Vandan Foods extends corporate guarantee for Pharmearth Private Limited's Bank of India loan facilities.
• Guarantee amount up to INR 17.85 crore.
• Guarantee is on arm's length basis; promoter group has no interest.
• Pharmearth directors hold 0.84% of Vandan; not a related party.
• Contingent liability; no current impact on the company.

Meeting Details

• Board meeting scheduled for Friday, 22 May 2026.

Key Agenda Items

• Approve audited financial results for the half year and financial year ended 31 March 2026.
• Take note of the auditors’ report on those audited results.

Changes in Board Designations

• Mr. Jitendra Rameshbhai Patel relinquished Managing Director and Executive Director roles effective February 11, 2026.
• Mr. Jitendra Rameshbhai Patel appointed Non-Executive Director and Chairman of the Board effective February 12, 2026.
• Mr. Rakeshkumar Rameshbhai Patel changed from Non-Executive Director to Managing Director (KMP) effective February 12, 2026, for five years till February 11, 2031, subject to shareholder approval.
• Mr. Rakeshkumar Rameshbhai Patel relinquished Chairmanship effective February 11, 2026.

Profiles and Relationships

• Mr. Jitendra Rameshbhai Patel: Promoter, 6+ years in agriculture and food processing, incomplete Bachelor of Arts, brother of Mr. Rakeshkumar Rameshbhai Patel.
• Mr. Rakeshkumar Rameshbhai Patel: Promoter, pre-matric education, experience in agriculture and food industry, brother of Mr. Jitendra Rameshbhai Patel.

Compliance

• Neither Mr. Jitendra Rameshbhai Patel nor Mr. Rakeshkumar Rameshbhai Patel is debarred from holding director office by SEBI or other authorities.