Balrampur Chini Mills Limited has informed the Exchange about change in Management
BALRAMCHIN · price
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Balrampur Chini Mills has informed the stock exchanges about two changes in its Senior Management Personnel. Mr. Rama Shanker Prasad, currently General Manager (Commercial) at the Akbarpur Unit, has been elevated to Senior General Manager and Unit Head of the Tulsipur Unit with effect from 1st May 2025; he is a 30-year finance professional and a Chartered Accountant with 21 years at the company. Mr. Neeraj Bansal, Chief General Manager and Unit Head of the Mankapur Unit, has resigned effective 15th May 2025 after 8 years with the company, citing that he was unable to relocate to the Tulsipur unit due to personal reasons. The position at Tulsipur will be filled internally by the promotion, while the Mankapur unit leadership will need a replacement.
This is a routine senior management reshuffle with no impact on the board, promoter structure, or overall business strategy. The promotion is internal, ensuring continuity, and the resignation appears personal (linked to a transfer request), so shareholders are unlikely to see any material effect on stock price or operations.