Vadilal Industries re-designates three executive directors to non-executive roles

Vadilal Industries Limited, a prominent player in the ice cream and processed foods business, has re-designated three of its executive directors to non-executive roles, effective from the close of business hours on September 29, 2025. This decision, announced on September 13, 2025, follows a board meeting and aligns with the company's articles of association.

Rajesh R. Gandhi, Devanshu L. Gandhi, and Janmajay V. Gandhi will transition from executive directors to non-executive non-independent directors. Their re-designation will be for the remaining period of their current terms of appointment, which extends until May 13, 2030. Each director brings extensive experience, having been associated with Vadilal Industries since its inception and contributing significantly across various divisions including finance, operations, and marketing.

The re-designations are in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015, and a SEBI circular issued on November 11, 2024. All three re-designated directors are not debarred from holding directorships by any regulatory authority and are not related to any other directors or key managerial personnel of the company.