Leadership Transition at Libas: Riyaz Ganji to Spearhead Growth as Reshma Ganji Departs

In a major leadership change, Libas Consumer Products Ltd has announced the resignation of Mrs. Reshma Riyaz Ganji as Managing Director, effective March 31, 2025. This brings an end to her successful tenure, under which she was instrumental in steering the company's expansion in ethnic fashion and rock salt businesses.

 

Assuming the reins is Mr. Riyaz Ganji, who has been appointed as the new Managing Director. With his wealth of experience and in-depth knowledge of the business, Riyaz Ganji will be tasked with infusing the company with new energy and strategic direction.

This change of leadership is well-timed as the company is working to turn around challenges such as sluggish growth in sales and debtor days to meet its competitive market position and product innovation potential.

 

Libas Consumer Products Ltd continues to commit to value creation for its stakeholders with this renewed leadership. Shareholders and the company's board look forward to this new direction in its trajectory.

 

Source: NSE Announcement