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Vadilal independent director and chairman Shivakumar Dega steps down
Resignation takes effect immediately, filing made on 18 February
GUJARAT: Vadilal Industries has reported the immediate resignation of Shivakumar Dega from his role as independent director and chairman, marking a board-level leadership change at the ice cream and frozen dessert manufacturer.
The resignation was tendered on 17 February, 2026, with immediate effect, the company said in a regulatory filing made to stock exchanges a day later. Vadilal Industries disclosed the development in line with its obligations under Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements.
The company stated that the disclosure was made under Regulation 30(6) of the Sebi LODR Regulations, 2015, which requires listed entities to promptly inform the market of material events, including changes in board composition.
Vadilal Industries also said that additional disclosures required under sub-clause 7(B) of Clause A, Part A of Schedule III of the regulations would be filed separately within the prescribed timeline.
The filing was signed by company secretary Rashmi Bhatt, confirming compliance with applicable corporate governance and disclosure norms.
