Appointment of Mr. D. V. Sambasiva Rao as GM-Plant and Operations at Kasez Palnt of the Company with effect from June 23, 2025.
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Everest Kanto Cylinder has appointed Mr. D.V. Sambasiva Rao as General Manager – Plant Operations at its Kasez plant, effective June 23, 2025. He holds a B.Tech in Mechanical Engineering from JNTU Hyderabad and an MBA in Operations & Production from Suresh Gyan Vihar University, Jaipur. He brings over 20 years of experience, having previously worked with Nesco Limited, Anupam (a JV of Mitsubishi Heavy Industries), Modest Infrastructure, and Info Tech Enterprises. His most recent role was DGM – Production/Operations at Nesco's Indabrator Division. This is a full-time employment appointment at the plant operations level, not a board-level change.
This is a routine operational hire at the plant management level and is unlikely to have a material impact on the stock price or shareholder value. Investors may view it as a positive sign that the company is strengthening its manufacturing leadership at the Kasez facility.