The Board of Directors of IFB Industries Limited has approved the appointment of Mr. Arup Das (DIN: 08417965) as an Additional Director in the category of Executive Director. Mr. Das, who is 64 years old and has been with IFB since 1992, will serve in this role until a new Chief Executive Officer/Managing Director is appointed. He is highly experienced in sales, marketing, and general management, currently serving as President- M&A and New Projects.
Board Approves Key Management Change
At a meeting held on March 28, 2026, the Board of Directors of IFB Industries Limited finalized and approved the appointment of Mr. Arup Das (DIN: 08417965) as an Additional Director, classifying him as an Executive Director.
The appointment is effective immediately, based on the recommendation of the Nomination and Remuneration Committee. Mr. Das will hold this position on an interim basis, specifically until a new Chief Executive Officer/Managing Director is formally appointed.
Profile and Experience of Mr. Arup Das
Mr. Das, aged approximately 64 years, brings extensive industry experience, having served IFB Industries since 1992. He holds a B.Sc. from Calcutta University, a Bachelor of Engineering degree, and a PGDBM from IBMR. His career spans over 38 years across various capacities, including marketing, sales, project management, and general management.
During his tenure at IFB, Mr. Das has occupied several key roles within the Engineering Division, leading departments such as Heat Treatment, New Product Development, Supply Chain, Marketing, and Sales. Currently, he serves the Company as President- M& A and New Projects.
Compliance Confirmation
The Company confirmed that Mr. Das is not related to any existing Director of IFB Industries Limited. Furthermore, he has not been debarred from holding directorial office by virtue of any order issued by any governing authority.
The Board meeting that ratified this decision commenced at 11:30 a.m. and concluded at 03:00 p.m. on the date of the announcement.
Source: BSE
