Greenpanel Industries Limited has informed the Exchange about change in Management
GREENPANEL · price
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Greenpanel Industries has informed the stock exchanges of a change in its Chief Information Officer (CIO) position. Mr. Vineet Bansal has been appointed as the new CIO effective August 8, 2025, based on the recommendation of the Nomination and Remuneration Committee. He brings 29 years of experience in digital transformation, ERP/SAP implementations, IT governance, AI, and cybersecurity, with prior stints at Surya Roshni, Greenply, and Mankind Pharma. The outgoing CIO, Mr. Jayanta Bhowmik, resigned effective close of business on August 7, 2025, citing better career prospects as the reason.
This is a routine senior management transition at the CIO level with no change in the board, CEO, or CFO. Shareholders should not expect any material impact on operations or stock price from this appointment, though Mr. Bansal's strong SAP and digital transformation background could support the company's IT modernisation efforts going forward.