Delay Explanation
The Board of Directors approved the appointment at its meeting held on 29th June 2026. However, the disclosure to the exchange was delayed beyond the prescribed timeline due to the time taken in collating and verifying the requisite details and documents required for making a complete disclosure. The company states this delay was purely inadvertent and unintentional, with no intention to withhold material information. The disclosure was filed immediately upon completion of necessary formalities.
Appointment Details
Appointee: Mr. Raj Ratan Pugalia
Position: Chief Financial Officer (CFO)
Effective Date: 29th June 2026
Term of Appointment: The CFO is appointed with effect from 29th June 2026 and shall hold office until resignation or termination in accordance with applicable laws and company policies.
Professional Profile of CFO
Mr. Raj Ratan Pugalia is a Chartered Accountant and LL.B. graduate from Calcutta University. He possesses over 32 years of professional experience across multiple leadership positions. His expertise includes finance, accounting, taxation, corporate laws, regulatory compliance, auditing, and strategic management.