Key Appointments and Changes

1. Appointment of Chief Financial Officer

  • The Board of Directors appointed Mr. Sai Krishna Alluri as Chief Financial Officer of the Company with immediate effect on 03rd September 2026.
  • Consequently, Mr. Sukanta Kumar Panigrahi ceased to be the Interim CFO of the Company with immediate effect.
  • Mr. Alluri's appointment is on a full-time employment basis, governed by the standard policies and service rules of the Company.
  • Mr. Alluri is a qualified Chartered Accountant and Cost Accountant with 16+ years of experience in Finance, Accounts, GST, Income Tax, Funding, and Cost Reduction Initiatives.
  • Previous associations include National Plastics Group, TNQ Group, MORF Private Limited, and Saibaba Polymer Technologies Private Limited in various financial positions.

2. Authorization of Key Managerial Persons

  • Mr. M Karunakaran (Whole time Director & CEO)
  • Mr. Walter Vasanth P J (Company Secretary)
  • Mr. Sai Krishna Alluri (Chief Financial Officer)
  • Contact details for these authorized persons were provided in the disclosure.

3. Appointment of Head - Human Resources

  • Ms. Helena Susan was appointed as Head - Human Resources of the Company with immediate effect.
  • She has been designated as Senior Management Personnel (SMP).
  • Mr. Victor Dharmaraj will transition to new roles and responsibilities and consequently ceased to be SMP with immediate effect.
  • Ms. Susan's appointment is on a full-time employment basis, governed by the standard policies and service rules of the Company.
  • Ms. Susan is a Commerce graduate with a Master's degree in Human Resources and an M.Phil. She has over 22 years of experience in HR functions.
  • Previous associations include Elgi Equipments Limited and Rane Group.

Meeting Details

  • The Board meeting commenced at 03:30 PM and concluded at 03:50 PM on 03rd September 2026.

Financial Impact

Financial impact not quantified in the disclosure.