This is a regulatory disclosure submitted to BSE Limited, intimating the appointment of a new Chief Financial Officer (CFO).
The disclosure is made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations).
Nature of the Event
This is an intimation regarding a management change, specifically the appointment of a new Chief Financial Officer (CFO). It is a follow-up to a previous letter dated May 30, 2026, which intimated the resignation of the former CFO.
Key Details of the Change
Resignation: Mr. Srirama Vara Prasad Nendraganti resigned from the position of Chief Financial Officer, which also constituted his cessation as a Key Managerial Personnel (KMP) and Senior Management Personnel (SMP). His resignation was effective from May 30, 2026.
Appointment: The Board of Directors, in its meeting held on August 14, 2026, considered and approved the appointment of Sri Vijay Kumar Kapilavai as the new Chief Financial Officer of the company. The appointment is effective immediately from August 14, 2026.
The appointment was made based on the recommendation and approval of the Nomination & Remuneration Committee and the Audit Committee.
Profile of the Appointee
Name: Sri Vijay Kumar Kapilavai
Qualifications: Commerce Graduate
Experience: Has more than three decades of experience in various positions encompassing production, finance, marketing, and control of company affairs.
Relationships
As per the disclosure, the newly appointed CFO, Vijay Kumar Kapilavai, is related to Sri K Sriram and Smt K V Naga Lalitha.