Emmbi Industries Names Independent Director and Elevates Two Executives at 32nd AGM

Emmbi Industries Limited wrapped its 32nd Annual General Meeting with a slate of leadership moves, including the appointment of an external Independent Director and the elevation of two internal leaders to Executive Director roles. At the AGM held on September 23, 2026, the company approved Anuj Choksey as a Non-Executive Independent Director for a three-year term beginning August 14, 2026, alongside the appointment of Maithili Makrand Appalwar and Yash Ravi Punjabi as Executive Directors, both eligible to retire by rotation.

Maithili Makrand Appalwar, who has been serving as Vice President and heads the Avana business unit since 2024, is recognized as an entrepreneur who built Avana from a start-up into a leading agri-input distribution platform spanning six states with a network of more than 800 channel partners and over 20,000 customers. She holds a Bachelor of Science in Industrial Engineering from the Georgia Institute of Technology, an MA from The Lauder Institute at the University of Pennsylvania, and an MBA from The Wharton School. Notably, she is the daughter of Makrand Appalwar, the company’s Chairman and Managing Director, and Rinku Appalwar, Executive Director & CFO.

Yash Ravi Punjabi, also a Vice President at Emmbi since 2024, oversees Information Technology and the company’s international business; he serves as Managing Director of Zastian Europe GmbH, Emmbi’s German subsidiary. Prior to joining Emmbi’s leadership team, he was Chief Operating Officer of Avana and began his career as a Software Engineer and Team Lead at Microsoft. He holds a Bachelor of Science in Computer Science from Georgia Tech and an MBA in Finance and Operations from The Wharton School. He is married to Maithili Makrand Appalwar, connecting two branches of the promoter family to the leadership lineup.