Outcome of Board Meeting held today i.e., on Wednesday, 3rd June, 2026 and Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
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The board of Artificial Electronics Intelligent Material Ltd (formerly Datasoft Application Software India Ltd) met on June 3, 2026 and approved a change in finance leadership. Mr. Girija Sankar Tripathy has been appointed as the new Chief Financial Officer with effect from June 3, 2026, replacing Mr. Muthusamy Palanisamy who resigned on the same day. The outgoing CFO cited restructuring and reorganization of management functions at the group level as the reason for his exit. The incoming CFO brings over 15 years of experience in financial planning, corporate reporting, cost management, MIS, and internal controls across large manufacturing organizations. The outgoing CFO confirmed there are no other material reasons for his resignation beyond those mentioned in his resignation letter.
This is a routine CFO-level transition with no immediate material impact expected on operations or stock price. Investors may want to monitor future quarterly results to assess how the new CFO's financial strategy shapes the company's performance.