IFB Industries Limited announced significant leadership changes following its Board of Directors meeting held on April 9, 2026. The company has appointed Mr. Sandeep Joseph Abraham as an Additional Director, Managing Director, and Chief Executive Officer for a term of 5 years, effective from April 9, 2026. Mr. Abraham, 57, holds a Bachelor of Mechanical Engineering from REC Tiruchirapalli and a Post Graduate Diploma in Management from IIM Ahmedabad. He brings over 30 years of experience in driving growth across diverse industries, including managing businesses of approximately ₹20,000 crore. Additionally, Mr. Manoj Kumar Vijay, 60, has been appointed as an Additional Director in the category of Non-Executive Independent Director for a period of 2 years, also effective from April 9, 2026. Mr. Vijay is a Bachelor of Commerce from Calcutta University with over 36 years of experience in accounts, finance, business management, and administration within the USHA Martin Group. He currently serves as a consultant with Usha Breco Limited and holds directorships in other companies. Both appointments are subject to shareholder approval. The company confirmed that neither appointee is debarred from holding a director's office by any regulatory authority. The Board meeting commenced at 5:25 p.m. and concluded at 5:45 p.m.
