EMA India Limited has made a regulatory disclosure to BSE Limited pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board of Directors meeting was held on Friday, October 30, 2026, commencing at 04:00 PM and concluding at 04:30 PM. During this meeting, the Board considered and approved the appointment of Mrs. Shraddha Bhatt Dave as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company, effective from October 30, 2026.
The appointment follows the takeover of the Company by the present management and the subsequent resignation of the erstwhile CFO. The Company had been in the process of identifying a suitable candidate to fill this vacancy. The Board's approval was based on recommendations from both the Audit Committee and the Nomination and Remuneration Committee.
Annexure A Details
The annexure provides specific details required under Regulation 30 of SEBI LODR Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/0155 dated November 11, 2024, and SEBI Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2023/123 dated July 13, 2023:
- Reason for Change: Appointment of Mrs. Shraddha Bhatt Dave as CFO and KMP
- Date of Appointment: October 30, 2026 (also the effective date)
- Brief Profile: Mrs. Shraddha Bhatt Dave is a Chartered Accountant with over 15 years of experience in financial governance, accounting, audit assurance, and regulatory compliance across multinational environments. She possesses expertise in strengthening internal control frameworks, identifying financial irregularities, and enhancing transparency in finance operations. Her experience includes managing statutory audits, GST and tax compliance, and cross-border financial reporting under both Indian and US GAAP.
- Disclosure of relationships between directors: Not Applicable
The disclosure was signed by Shruti Sharma, Company Secretary & Compliance Officer (Membership No.: A75000), on October 30, 2026, at 19:11:17 IST.