Amira Nature Foods Ltd Announces Executive Management Change

  Amira Nature Foods Ltd Announces Executive Management Change

Business Wire

DUBAI, United Arab Emirates -- November 20, 2012

Amira Nature Foods Ltd (the "Company;")(NYSE: ANFI), a leading global provider
of packaged Indian specialty rice, today announced that the Company's Chief
Financial Officer, Ritesh Suneja, will resign for health and personal reasons,
effective December 1, 2012. The Company’s Board of Directors has named Ashish
Poddar, currently Executive Director of Finance, as Chief Financial Officer,
effective the same date. Mr. Suneja will be working closely with Mr. Poddar
over the next few weeks to ensure an orderly transition.

Karan Chanana commented, “On behalf of our employees and the Board we would
like to thank Ritesh for his contributions in helping us develop the financial
systems and controls we have in place for us to be a public company. We wish
him a return to full health and best of luck in his future endeavors.”

Mr. Poddar, 34, brings fifteen years of financial experience to Amira Nature
Foods. Mr. Poddar joined the Company in October 2012 as Executive Director of
Finance. Most recently, Mr. Poddar was a Senior Manager in the Finance and
Enterprise Performance Division of Accenture Services Private Limited. This
division focuses primarily on international management consulting assignments
in corporate finance, enterprise risk management, enterprise performance
management, and finance operations. Mr. Poddar led consulting projects with
several prominent global companies while at Accenture. Prior to Accenture, Mr.
Poddar served as Manager Equity Accounts at Yum! Restaurants International,
which operates a large worldwide network of restaurants including KFC, Pizza
Hut, and Taco Bell. While at Yum!, Mr. Poddar worked with Yum!’s Chief
Financial Officer and Financial Controller to implement and execute financial
controls policies and procedures for many company owned restaurants in India.
He was also responsible for preparation, finalization, presentation, and audit
of financial statements pursuant to both Indian and US generally accepted
accounting principles, or GAAP. Prior to that, Mr. Poddar served as Assistant
Finance Controller, Sarbanes – Oxley Act Compliance Officer & Internal Auditor
at Carrier Air Conditioning and Refrigeration. Prior to that, Mr. Poddar held
positions at leading accounting firms, including PricewaterhouseCoopers and
Deloitte, Haskins and Sells. Mr. Poddar is a Chartered Accountant, qualified
in 2001. He received a Bachelor of Commerce, with Honors, from Shriram College
of Commerce (Delhi University).

Mr. Chanana continued, “We are excited to have Ashish join our team and
believe that his financial experience with leading global brands will provide
a substantial contribution to Amira Nature Foods as we strive to further
expand our global business. As a newly publicly traded company, we believe we
will also benefit from his experience in financial reporting.”

Mr. Poddar commented, “I am pleased to join Amira Nature Foods during this
exciting time for the company. Amira is a leader in delivering high quality
and innovative foods to a growing number of markets across the globe. I look
forward to applying my experience as Amira begins to share its story with the
investment community as a publicly traded company.”

About Amira Nature Foods

Founded in 1915, Amira has evolved into a leading global provider of packaged
Indian specialty rice, with sales in over 40countries today. Amira sells
Basmati rice, premium long-grain rice grown only in certain regions of the
Indian sub-continent, under their flagship Amira brand as well as under other
third party brands. Amira sells its products primarily in emerging markets
through a broad distribution network. Amira’s headquarters are in Dubai,
United Arab Emirates, and it also has offices in India, Malaysia, Singapore,
the United Kingdom, and the United States.

Cautionary Note on Forward-Looking Statements

This release may contain forward-looking statements within the meaning of the
U.S. federal securities laws. These forward-looking statements generally can
be identified by phrases such as that we or our members of management
“believe,” “expect,” “anticipate,” “foresee,” “forecast,” “estimate” or other
words or phrases of similar import. Such statements involve a number of known
and unknown risks and uncertainties, many of which are outside the Company's
control, that could cause its future results, performance or achievements to
differ significantly from the results, performance or achievements expressed
or implied by such forward-looking statements. Important factors that could
cause or contribute to such differences include risks detailed in our public
filings with the Securities and Exchange Commission. Other than as required
under the securities laws, we undertake no obligation to update any
forward-looking or other statements herein, whether as a result of new
information, future events or otherwise.


Amira Nature Foods
Rahul Nayar, Director of Global Communications and Strategy
John Mills/Katie Turner, 646-277-1200
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