Appointment of Mr. Kothuri Satyanarayana, as Chief Financial Officer of the Compnay with effect from 28-04-2025
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The board of Coromandel Agro Products & Oils Ltd approved the reappointment of Mr. Kothuri Satyanarayana as Chief Financial Officer and Key Managerial Personnel, effective April 28, 2025. He had earlier retired as CFO on March 18, 2025 upon completion of his term. Mr. Satyanarayana is a qualified Chartered Accountant with around 10 years of experience as the company's CFO, with expertise in finance, marketing, and administration. Separately, the board approved shifting the company's registered office from Hyderabad (Telangana) to Chirala, Bapatla District (Andhra Pradesh), aligning it with the factory location, subject to ROC approval.
The CFO change is a reappointment of the same person after his term ended, so it signals continuity in financial leadership rather than any disruption. The registered office shift is administrative and reflects the company moving its official address closer to its manufacturing base, with no expected material impact on shareholders.