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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Prataap Snacks Ltd

Prataap Snacks Board Approves Q2 FY27 Results, Appoints Two Directors

RESULTS ● No Immediate Change LOW RISK
📅 Filed on BSE: 30 Oct 2026, 08:14 PM IST  ·  BSE ID: 06564507-8a66-41b7-b13d-333f65d87278
View Original BSE Filing (PDF)
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In Simple Terms
The company's board approved its latest financial results and appointed two new directors, one of whom is their current CFO.
🤖 AI Summary
  • Prataap Snacks Board approved Standalone and Consolidated Unaudited Financial Results for the quarter and half year ended September 30, 2026.
  • The company allotted 2,337 equity shares of face value Rs. 5/- each to eligible employees under Prataap ESARP 2018.
  • Mr. Jitendra Nayyar was appointed as an Additional Non-Executive Independent Director for a three-year term, effective October 30, 2026, subject to shareholder approval.
  • Mr. Sumit Sharma was appointed as an Additional Executive Director for a three-year term, effective October 30, 2026, subject to shareholder approval.
  • A Postal Ballot notice will be issued to obtain shareholder consent for the director appointments and other resolutions.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity shares allotted under ESARP 2018
2,337
Face value of equity shares
Rs. 5/- each
Term for Mr. Jitendra Nayyar's appointment
three (3) consecutive years
Term for Mr. Sumit Sharma's appointment
three (3) consecutive years
🏢 How This Affects the Company
⚙️
Operational Impact
The appointment of an Additional Executive Director and an Additional Non-Executive Independent Director strengthens the leadership team and may enhance strategic and operational oversight.
⚠️
Risk Impact
The requirement for shareholder approval for both director appointments introduces a procedural risk, though the company plans to conduct a postal ballot for consent.
👥 What This Means For Shareholders
✅
Action Required
Shareholders will be required to participate in a Postal Ballot to approve the appointment of Mr. Jitendra Nayyar and Mr. Sumit Sharma as Directors.
👤
Who Is Affected
All shareholders holding equity shares as of the cut-off date (to be intimated separately) will be affected, as their consent is required for the director appointments.
🔍
Management Signal
The decision to appoint two new directors, including the current CFO to an executive role, signals management's intent to enhance board expertise and integrate key internal leadership into strategic decision-making.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Intimation of cut-off date and e-voting entitlement for the Postal Ballot.
Outcome of the Postal Ballot for director appointments.
Detailed Q2 FY27 financial results to be made public, including revenue and profit figures.
LOW RISK The board decisions are procedural, and director appointments are subject to standard shareholder approval.
💡 Investor Takeaway
Prataap Snacks board approved Q2 and half-year FY27 financial results and allotted 2,337 equity shares. Two directors, Mr. Jitendra Nayyar (Independent Non-Executive) and Mr. Sumit Sharma (Executive), were appointed for three-year terms, pending shareholder approval via postal ballot.
⚖️ Strengths & Concerns

✅ Positives

  • Appointment of Mr. Jitendra Nayyar brings over 30 years of finance and leadership experience from diverse sectors to the board.
  • Appointment of Mr. Sumit Sharma, the current CFO with 15 years at Prataap Snacks, ensures continuity and deep institutional knowledge in an executive role.
📅 Company Track Record
Prataap Snacks' Q2 FY27 Income from operations rose 25.9% to Rs. 5,409.5 million, but PAT was Rs. (25.0) million as per a previous filing on October 30, 2026. Q1 FY27 income from operations increased 20% YoY to Rs. 4,904.3 million.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What were the key decisions made by the Board of Directors of Prataap Snacks on October 30, 2026?
The Board approved the Standalone and Consolidated Unaudited Financial Results for the quarter and half year ended September 30, 2026, allotted 2,337 equity shares, and approved the appointments of Mr. Jitendra Nayyar and Mr. Sumit Sharma as Directors.
How many equity shares did Prataap Snacks allot under its ESARP 2018?
Prataap Snacks allotted 2,337 equity shares of face value Rs. 5/- each to eligible employees under the Prataap Employees Stock Appreciation Rights Plan 2018.
Who are the new directors appointed by Prataap Snacks, and what are their terms?
Mr. Jitendra Nayyar was appointed as an Additional Non-Executive Independent Director, and Mr. Sumit Sharma was appointed as an Additional Executive Director. Both appointments are for a term of three (3) consecutive years commencing from October 30, 2026, subject to shareholder approval.
What is Mr. Sumit Sharma's role prior to his appointment as Executive Director?
Mr. Sumit Sharma has been associated with Prataap Snacks Limited for the last 15 years and currently serves as the Chief Financial Officer (CFO).

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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