D. P. Abhushan Limited has informed the Exchange about the change in designation of Mr. Vijesh Kumar Kasera from Chief Financial Officer ( CFO ) to Deputy Chief Financial Officer ( Deputy CFO ) w.e.f. June 02, 2025
DPABHUSHAN · price
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In a board meeting on June 02, 2025, D.P. Abhushan Limited (a Ratlam-based jewellery retailer) approved four key managerial changes effective the same day. Company Secretary and Compliance Officer Ms. Aashi Neema resigned citing other pre-occupations, and was replaced by Ms. Atika Jain (an Associate Company Secretary who cleared her CS Professional exam in Feb 2025). The bigger change is in the finance leadership: Mr. Manish Laddha, a Chartered Accountant with 24 years of cross-sector experience (jewellery, banking, finance, manufacturing), was appointed as the new Chief Financial Officer and KMP. The outgoing CFO, Mr. Vijesh Kumar Kasera (22 years in the jewellery trade, with the promoter group since 2003), was redesignated as Deputy CFO rather than leaving the company.
This is a senior leadership reshuffle that brings in a more broadly experienced CFO (24 years across multiple industries) while retaining the previous CFO in a Deputy role to ensure continuity in the finance function. For shareholders, the move suggests the company is strengthening its finance and compliance bench; it is unlikely to have a material effect on the stock price but indicates improved governance maturity.