Univa Foods Limited has announced a fresh leadership reshuffle, signaling a deliberate push toward tighter financial governance and execution discipline. In a board meeting held on March 11, 2026, the company disclosed that Pravin Chauhan has been appointed as an Additional Director in the Executive category and designated as Managing Director for a five-year term running from March 11, 2026 to March 10, 2031. At the same time, Mallinath Madineni has resigned from the position of Managing Director with immediate effect, and will relinquish all committee memberships tied to the role. The changes are subject to member approval, and the company has indicated it will promptly circulate the accompanying disclosures and annexures to reflect the new leadership arrangement.
Chauhan’s profile, as outlined by the company, highlights a commerce background and a track record in Finance, Accounting, and Corporate Financial Management. Described as bringing a deep understanding of financial operations, Chauhan’s appointment is framed as a move to strengthen financial governance and operational efficiency at Univa Foods. His mandate as MD places him at the helm of strategy execution and financial stewardship at a time when the company is signaling continuity and a long-term horizon with a five-year tenure.
The resignation of Mallinath Madineni marks a notable transition in the company’s leadership. While not detailing the reasons beyond the resignation letter, the firm confirms that Madineni has stepped down as MD and has exited all related Board committees. The development paves the way for continuity in governance as Univa Foods evolves its leadership cadence, with Chauhan poised to steer the organization through its next phase of growth. Together, these moves portray a leadership transition centered on governance, financial discipline, and strategic execution aimed at sustaining momentum for the business.