Key Executive Changes

  • Mr. Apurva Kane will step down as Chief Executive Officer effective October 1, 2026
  • Mr. Kane will continue association with the Company in a mentorship role
  • Mr. Rajashekar Venkat, current President, will be elevated to Chief Executive Officer position

Tenure and Background Details

Mr. Apurva Kane:

  • Served the Company for more than 41 years
  • Led the Company as Chief Executive Officer through several important projects
  • Spearheaded management effectively during his tenure

Mr. Rajashekar Venkat:

  • Associated with the Company since May 2025 as President
  • Brings over 28 years of extensive experience in capital equipment companies
  • Previous experience includes roles at Kennametal, Markem-Imaje, Mettler Toledo, and Domino Printing
  • Extensive knowledge and proven leadership in engineering companies

Company Business Overview

Mamata Machinery Limited is a leading global provider of total flexible packaging machinery solutions offering comprehensive range across value-chain:

  • Co-extrusion to converting and advanced packaging machinery
  • Over 35 years of industry experience
  • More than 5,400 machine installations in 80 countries worldwide
  • Known for consistent innovation and industry-first product introductions
  • Focus on flexible packaging sector with packaging and RecTech initiatives

Management Commentary

Mr. Apurva Kane stated: "I am grateful for the opportunity to have served Mamata Machinery for over four decades. I take pride in the Company and the brand that Mamata has built across global markets in our industry, and in the value we have created for all our stakeholders. I look forward to continuing my association with the Company and supporting the team in my new role."

Mr. Rajashekar Venkat stated: "I would like to thank Mr. Kane for his mentorship and guidance over this period. Mamata carries a strong global legacy, and I am excited about the road ahead. The Company has considerable potential across its businesses, including its Packaging and RecTech initiatives, and I look forward to building on this foundation together with our teams and stakeholders."