Appointment of Mr. Nikit Chaudhary as Business Head (Vice President) of the Company.
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Cosmo Ferrites Ltd has appointed Mr. Nikit Chaudhary as Business Head (Vice President) of the company, effective August 06, 2025. He joins as part of the Senior Management Personnel and will oversee all divisions of the company. Mr. Chaudhary brings over 13 years of experience across manufacturing, automotive, and E-Mobility sectors. He holds a PGDM in Operations and Marketing from IIM Lucknow and a B.Tech in Electrical & Electronics from NIT Bhopal. The appointment was disclosed to the stock exchange under Regulation 30 of SEBI LODR.
The appointment of an experienced senior manager with relevant industry expertise may support the company's operational and strategic execution. For shareholders, this is a routine senior management addition and unlikely to cause any immediate stock price movement, though it could be watched for signals on the company's focus areas like E-Mobility.