BSEChatha Foods LtdMediumNeutral
Announced Wed, 20 May · 14:58 IST

Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 regarding appointment of Mr. Kulbeer Walia as the Chief Financial Officer of the Allana CF Foods Private Limited, Subsidiary ....

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.0%1-day move
₹75.01
prior close
₹75.20
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+0.0+0.0+0.0+1.1-0.0-7.5-5.5-2.7-4.0-2.7-4.0+3.6+24.6
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AI summary

Chatha Foods Limited has disclosed the appointment of Mr. Kulbeer Walia as Chief Financial Officer of Allana CF Foods Private Limited, an unlisted subsidiary. The appointment was approved by the subsidiary's Board of Directors at their meeting held on May 20, 2026, effective the same date. Mr. Walia is described as an accomplished finance professional with significant experience in accounting, financial management, regulatory compliance, financial systems, internal controls, budgeting, forecasting, and cash flow management. This is a standard regulatory intimation under SEBI Listing Regulations for a material change in the subsidiary's key managerial personnel.

Likely market impact

The appointment is a routine corporate governance disclosure regarding a subsidiary's finance head. This is unlikely to have any direct impact on Chatha Foods Limited's stock price as it pertains to an unlisted subsidiary.