Outcome of the meeting of the Board of Directors held on Thursday, May 15, 2025
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Integrated Proteins Ltd has appointed Mr. Manish Mungra as the new Chief Financial Officer and Key Managerial Personnel, effective May 15, 2025. The appointment was approved by the Board based on recommendations from the Nomination and Remuneration Committee and approval of the Audit Committee. Mr. Mungra brings experience in accounting, finance, strategic management, budgeting, and taxation. He will also be one of the authorized KMPs for determining materiality of events and making disclosures to stock exchanges under SEBI Listing Regulations. The Board meeting concluded at 4:30 PM on May 15, 2025.
Fills a key leadership position at the company. A new CFO appointment is a routine corporate event and typically has a neutral to mildly positive impact on shareholder confidence if the new appointee brings strong financial expertise.