Riyadh – Mubasher: Fourth Milling Company announced the resignation of non-executive board member Prashant Vatkar, effective 22 July 2026.

The company stated that the resignation was submitted and became effective on the same date.

According to the regulatory filing, the departure was attributed to personal reasons. Vatkar had served on the board since his appointment on 16 August  2023.

The board of directors has formally acknowledged the resignation and expressed its appreciation for the contributions made by Vatkar during his tenure.

The company did not immediately name a replacement for the vacated non-executive seat.

Fourth Milling continues its operations in the Saudi food production sector following this change in its governance structure.

In June, the company’s shareholders approved a series of significant related party transactions. The investors also ratified the appointment of external auditors, and a mandate for the Board of Directors to distribute interim dividends for 2026.