This is to inform that the Board of Directors of Asian Warehousing Limited has appointed Mr. Vivek Ambawale as the Chief Financial Officer with effect from 02.03.2026.
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The Board of Directors of Asian Warehousing Limited approved the appointment of Mr. Vivek Ambawale as the Chief Financial Officer of the company with effect from March 2, 2026. The appointment was made based on the recommendation of the Nomination and Remuneration Committee and the Audit Committee. Mr. Ambawale is a Commerce graduate from the University of Mumbai and brings experience in financial accounting and audit. The board meeting commenced at 4:00 PM and concluded at 4:30 PM on the same day. The disclosure was filed with BSE under Regulation 30 of SEBI's Listing Regulations.
A new CFO appointment is a routine key managerial personnel change. It may bring fresh financial leadership but is unlikely to materially move the stock on its own. Shareholders should watch for the new CFO's strategic direction in upcoming quarterly results.