Managing Director Appointed as MD of Material Subsidiary Manas Agro for 5 Years
Mr. Nikhil Nitin Gadkari (MD of the company) has been appointed Managing Director of material subsidiary Manas Agro Industries & Infrastructure Limited, effective 1st October, 2026, for a period of 5 (Five) Years.
- Appointee
- Mr. Nikhil Nitin Gadkari
- Position
- Managing Director of Manas Agro Industries & Infrastructure Limited
- Effective Date
- 1st October, 2026
- Term
- 5 (Five) Years
- Entity Type
- Material subsidiary
What was announced
CIAN Agro Industries & Infrastructure Limited has told the exchange that Mr. Nikhil Nitin Gadkari, its Managing Director and Key Managerial Person, has been appointed as the Managing Director of Manas Agro Industries & Infrastructure Limited, the material subsidiary of the company.
Key details
- Effective date: with effect from 1st October, 2026
- Term: 5 (Five) Years
- Age: about 40 years; holds a Master of Business Administration (M.B.A.) degree
- Appointment made pursuant to approval received from the shareholders of the material subsidiary
- Made under Section 203(3) and other applicable provisions of the Companies Act, 2013
Relationship
Mr. Gadkari is the Managing Director of CIAN Agro Industries & Infrastructure Limited, which is the holding company of Manas Agro Industries & Infrastructure Limited. The update states he is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.
How to read it
This is a leadership appointment at the subsidiary level rather than a change at the listed entity itself. The same individual will now lead both the holding company and its material subsidiary, which investors may view as tighter alignment of management across the group.
More numbers
- Term of appointment5 (Five) Years
- Age of appointeeaged about 40 years
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