IFB Industries Limited informed that Mr. Harsh Vardhan Sachdev has tendered his resignation from the office of the CEO and Managing Director of Engineering Division of the Company due to personal reasons. The board in its meeting held on 24th April, 2023 accepted the resignation and he will be released after the notice period. Further in the same meeting the board has approved the appointment of Mr. Ritesh Agarwal as Company Secretary and Compliance Officer of the Company with effect from 1st June, 2023 in place of Mr. Goutam Ray Chowdhury.

Mr. Hitesh Agarwal, 44 years, is a graduate from the University of Calcutta in B.Com. (Hons.). He is a Chartered Accountant from ICAI and Company Secretary from ICSI Mr. Agarwal has worked as Company Secretary in IFB Agro Industries Limited for more than 8 years.

He also held the role of Head - legal and chief compliance officer of IFB Agro Industries Limited. In a career spanning over two decades, have held leadership roles in corporate finance, legal and Secretarial.