Lake Shore Realty519612Leadership appointment or

Board approves Managing Director appointment, committee reconstitution, Q2 results and registered office shift

Board approved on 2 Nov 2026: Vinit Kumar as Additional (Managing) Director for 5 years (shareholder nod pending), Bhairavi Goswami redesignated Whole Time Director, all three committees reconstituted, Q2/H1 results approved.

By ScoutQuest · Mon 2 Nov 2026, 7:05 PM IST · 3 min read

MD Appointment Term: 5 (Five) consecutive years, effective from November 2, 2026 till November 1, 2031
Results Approved: Standalone Unaudited Financial Results for the quarter and half year ended 30th September, 2026
Registered Office Shift: 4 Unity House, 2nd Floor, Plot-8 Mama Parmanand Marg, Above SBI Bank, Opera House, Girgaon, Mumbai – 400004

Lake Shore Realty Ltd (formerly Mahaan Foods Ltd) informed BSE of the decisions taken at its Board meeting held on Monday, 2nd November, 2026. The update lists the directors appointed and re-designated, the reconstituted committees, the results approved, a change in registered office, and the key managerial personnel authorised for materiality disclosures.

Managing Director appointed

The Board appointed Mr. Vinit Kumar (DIN: 01886607) as an Additional Director in the capacity of Managing Director, on the recommendation of the Nomination and Remuneration Committee.
Term: 5 (Five) consecutive years, effective from November 2, 2026 till November 1, 2031 (both days inclusive).
He is liable to retire by rotation, and the appointment is subject to the approval of the shareholders.
The company describes him as a first-generation entrepreneur focused on technology-led ventures, with experience across agriculture, food processing, technology and ITeS, and as having introduced European and US technology companies to the Indian market in education, banking and finance, and social networking.
The company confirmed he is not debarred from holding the office of a Director under any SEBI or other regulatory order.

Whole Time Director

Ms. Bhairavi Chandrakant Goswami (DIN: 00576641) has been re-designated as Whole Time Director for the remaining term of her tenure, on the same terms and conditions, on the recommendation of the Nomination and Remuneration Committee.
The company confirmed she is not debarred from holding the office of a Director.

Committees reconstituted

Audit Committee: Mr. Narendra Kumar Verma (Chairman, Non-Executive Independent Director), Mr. Vijay Kumar (Non-Executive Independent Director) and Mr. Vinit Kumar (Managing Director).
Nomination and Remuneration Committee: Mr. Narendra Kumar Verma (Chairman, Independent Director), Mr. Vijaykumar (Independent Director), Mr. Chandan Prajapati (Non-Executive Director) and Mr. Vinit Kumar (Managing Director).
Stakeholders Relationship Committee: Mr. Vinit Kumar (Chairperson, Managing Director), Mr. Chandan Hiralal Prajapati (Non-Executive Director) and Mr. Narendra Kumar Verma (Non-Executive Independent Director).

Results approved

The Board approved the Standalone Unaudited Financial Results along with the Limited Review Report for the quarter and half year ended 30th September, 2026, under Regulation 33 of the Listing Regulations.

Registered office

The registered office is being shifted from its current location to 4 Unity House, 2nd Floor, Plot-8 Mama Parmanand Marg, Above SBI Bank, Opera House, Girgaon, Mumbai – 400004.

KMP for materiality disclosures

Under Regulation 30(5), the company named Mr. Vinit Kumar (Managing Director), Mr. Himanshu Dinesh Joshi (Chief Financial Officer) and Mr. Ankit Dinesh Singh (Company Secretary and Compliance Officer) as the key managerial personnel authorised to determine the materiality of an event or information and to make disclosures to the stock exchange.

What this means for readers

These are board-level and governance changes: a new Managing Director, a re-designated Whole Time Director, and committee compositions being reset to include the Managing Director.
The Managing Director's appointment is stated as subject to approval of the shareholders.
The Audit and Nomination and Remuneration Committees are chaired by an independent director in the composition disclosed.
The results approved are standalone, unaudited, and carry a Limited Review Report.

Also from Lake Shore Realty