The Board of Directors in their meeting held today i.e. 01st April, 2025 have considered and approved the appointment of Shri Alok Jain as Chief Financial Officer and Key Managerial Personnel ....
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Modern Insulators Ltd has appointed Shri Alok Jain as the new Chief Financial Officer (CFO) and Key Managerial Personnel of the company, effective April 1, 2025. The appointment was approved by the Board of Directors at their meeting held on the same day at 4:30 PM, based on recommendations from the Nomination and Remuneration Committee and Audit Committee. Shri Alok Jain is a Chartered Accountant and Company Secretary with over 15 years of experience in finance, accounts, taxation, budgeting, and statutory compliance. He joins the company on a full-time employment basis as per the company's employment terms.
This is a routine leadership appointment that fills a key financial role at the company. Alok Jain's strong qualifications in finance and compliance may bring stability to the company's financial management, but no immediate material impact on stock price is expected.