Board appoints new Internal Auditor and CFO

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AI summary

The board on October 12, 2026 approved two key appointments. M/s. Nirav Patel and Associates, an Ahmedabad-based Chartered Accountancy firm formed in 2009, has been appointed as Internal Auditor for FY 2026-27. Also, Mr. Prakash Hiralal Parekh, the existing Managing Director and Promoter of the company with 23 plus years experience in the plastic industry and a chemical engineering background, has been appointed as Chief Financial Officer effective the same date.

Likely market impact

New CFO is the existing Managing Director and Promoter, showing leadership continuity alongside the new internal auditor engagement.