Nature of the Event
Kriti Industries (India) Limited has appointed Shri Pradeep Shastri Vedula as Chief Executive Officer, in the category of Senior Management and Key Managerial Personnel, effective from August 11, 2026. The appointment was made pursuant to SEBI (LODR) Regulations, 2015 and SEBI (Prohibition of Insider Trading) Regulations, 2015.
Key Quantitative Figures
No financial figures or quantitative metrics related to the appointment were disclosed in the filing.
Dates of Action
The Board of Directors meeting was held on August 11, 2026. The meeting commenced at 10:30 AM IST and concluded at an unspecified time (partially redacted). The appointment is effective from August 11, 2026.
Parties or Entities Involved
- Appointee: Shri Pradeep Shastri Vedula as Chief Executive Officer
- Compliance Officer: CS Aditi Randhar, Company Secretary and Compliance Officer
- Regulatory Authorities: BSE Limited (Script ID: KRITIIND, BSE CODE: 526423) and National Stock Exchange of India Limited (Symbol: KRITI)
Purpose or Stated Rationale
The appointment is part of normal corporate governance and management structure changes. No specific business rationale was provided beyond the regulatory requirement to disclose key managerial personnel changes.
Financial or Operational Impact
No specific financial or operational impact was quantified in the disclosure. The appointment represents a management change without immediate financial implications disclosed.
Capital Structure Impact
No impact on capital structure, shareholding pattern, or dilution mentioned.
Cash Flow Implications
No cash flow implications disclosed regarding the appointment.
Contact Details of Appointee
- Email Id: pradeep.vedula@kritiindia.com
- Mobile No.: +91-9930012536
- Phone No.: 0731-2719106
Background and Qualifications of Appointee
Shri Pradeep Shastri Vedula (born 1981) has over 20 years of experience across Sales & Marketing, Supply Chain, Procurement Strategy and Operations. Prior to joining Kriti Industries, he served as President - Sales & Marketing and President - Supply Chain at Finolex Industries. His earlier career includes leadership and consulting roles at Sudarshan Chemical Industries, Accenture Strategy and Asian Paints. He holds a PGPMM from IIM Bangalore and a Bachelor's degree in Engineering from Delhi College of Engineering.
Compliance Confirmations
Shri Vedula has confirmed that he has not been debarred from holding office by virtue of any SEBI order or any other authority, pursuant to SEBI letter dated June 14, 2018 and SEBI Circular dated June 20, 2018.