Pursuant to regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Schedule III of of the said regulations, ....
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The Board of Directors of Modern Engineering And Projects Ltd, at its meeting held on May 30, 2025 (2:00 PM to 3:30 PM), approved the appointment of Ms. Francisca Rosario as the new Chief Financial Officer with effect from May 30, 2025. Ms. Rosario is a Commerce Graduate, a qualified Chartered Accountant, and holds a Masters in Business Finance from ICAI along with a Post Graduate Certificate Programme for Emerging CFOs (PGECFO) from IIM Indore. She brings 22 years of experience in corporate finance, accounting, tax planning, loan syndication, fund raising, and financial reporting. The disclosure has been made under SEBI LODR Regulation 30, with details provided in Annexure-A.
A new CFO with strong qualifications and 22 years of corporate finance experience may bring stability and professional financial oversight to the company. For shareholders, this is a routine leadership update and is unlikely to cause any immediate stock price reaction, though the extensive experience in fund raising could support future growth initiatives.