Heritage Foods has announced the resignation of Mr. Makarand Shastri, Vice President & Head National Sales and a Senior Management Personnel (SMP). The resignation, effective from February 14, 2026, was accepted by the Board due to his pursuit of career growth. Mr. Shastri will formally be relieved of his duties on or before March 31, 2026. The resignation letter expressed gratitude for the opportunities provided during his tenure in the Dairy Industry.
Change in Senior Management Personnel Confirmed
Heritage Foods Limited has formally informed the stock exchanges regarding a change within its Senior Management Personnel (SMP) cadre. Mr. Makarand Shastri, who held the position of Vice President & Head National Sales, has tendered his resignation from the services of the Company.
Details of Resignation
The resignation was submitted on February 14, 2026, citing the motivation of career growth. The Company has accepted this resignation. Mr. Shastri will officially conclude his employment and be relieved from all duties on or before the close of business on March 31, 2026. The document confirms that this role falls under the definition of a Senior Management Personnel as per applicable regulations.
Annexure Disclosures
The required disclosures provided in Annexure-A confirm the following key points:
- Reason for Change: Resignation of Mr. Makarand Shastri, Vice President and Head National Sales.
- Cessation Date: He will be relieved from his duties on or before March 31, 2026.
- Profile Information: Details regarding the brief profile and disclosure of relationships between directors were marked as Not Applicable, as this is a resignation, not an appointment of a Director.
Executive Acknowledgement
In the accompanying resignation email, Mr. Shastri expressed deep gratitude for the rewarding tenure at HFL, highlighting the learning opportunities in the Dairy Industry and praising the commitment of his S&D and plant operations teams. He requested guidance for a seamless transition of his responsibilities before his last working day.
Source: BSE
