Aayush Food and Herbs Limited announced that meeting of board of directors held on June 13, 2023, the board considered and approved the resignation of Mr. Shashank Shekhar Chaturvedi from the post of non-executive independent director of the company effective from June 13, 2023, due to pre-occupancy in other assignments. The board approved change in designation of Ms. Pallavi Mittal from managing director to non-executive director of the company as per recommendation of nomination and remuneration committee effective from June 13, 2023. The board approved appointment of Mr. Naveena kumar Kunjaru as chairman of the company as per recommendation of nomination and remuneration committee for the term of five (05) consecutive term effective from June 13, 2023.

The reason for appointment is to maintain the optimum combination of directors on the board of the company. Mr. Naveena kumar Kanjaru is a Commerce Graduate. He has experience of more than 10 years in the field of Finance Management.

The board approved change in designation of Mr. Akshay Nawale from additional independent director to executive director of the company as per recommendation of Nomination and Remuneration Committee effective from June 13, 2023.