Resignation and Appointment of CFO
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Desco Infratech Ltd has announced a change in its Chief Financial Officer position effective June 16, 2025. Ms. Prinkle Sanjay Jain, the existing CFO and Key Managerial Personnel, has resigned and been relieved from her duties. The company has appointed Mr. Rushabh Mashkaria as the new CFO and KMP on the same date, based on the recommendation of the Nomination and Remuneration Committee. Mr. Mashkaria is a Chartered Accountant with over 7 years of experience in credit risk and financial management, having previously worked at RBL Bank, Axis Bank, and L&T Housing Finance Ltd.
This is a routine key managerial personnel change with immediate CFO transition, ensuring continuity in financial leadership. The new CFO brings banking and housing finance sector experience, which may strengthen the company's financial and credit risk management capabilities.