BSEEvans Electric LtdHighNeutral
Announced Thu, 4 Dec · 11:53 IST

Appointment of Mr. Prathamesh Wadeker as a Chief Financial Officer of the Company with effect from December 04, 2025.

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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹129.95
prior close
₹132.00
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AI summary

Evans Electric Ltd has appointed Mr. Prathamesh Wadeker as the new Chief Financial Officer (CFO) and Key Managerial Personnel of the company, effective December 04, 2025. The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Wadekar is a Chartered Accountant with around 6 years of experience in statutory audits, taxation, GST, and financial advisory, having previously worked at D D & Associates (a CA firm) from January 2019 to October 2025. The intimation has been made under SEBI Listing Regulations, with brief profile details enclosed.

Likely market impact

This is a routine key management change. The new CFO brings solid audit and taxation experience, which could strengthen financial controls and compliance at the company. No immediate material impact on shareholders is expected from this announcement alone.