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Board recommended shareholder approval for related-party transactions up to Rs 60 Cr with group company A R Dairy Food and appointed Ravi Chandran Ranganthan as CEO from 1 October 2026. The incoming CEO is the CMD's son-in-law, while Dr Karthik Neelakandan joins as a non-executive director to support protein and value-added dairy expansion. Director Ravi Rajappan was disqualified under Section 164(2)(a), introducing governance risk; the related-party transaction quantum and familial CEO appointment warrant scrutiny.
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