Appointment of Mr Pradeep Kapoor as CFO
MODINATUR · price
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Modi Naturals' Board met on 13 August 2025 and approved two key items. First, the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended 30 June 2025) were approved, with statutory auditors Doogar & Associates issuing an unmodified (clean) opinion. Second, Mr Pradeep Kapoor was appointed as the new Chief Financial Officer and Key Managerial Personnel, effective 13 August 2025. Mr Kapoor brings over 25 years of finance and accounts experience, particularly in the manufacturing sector, covering financial management, business controlling, tax compliance, and corporate strategy. The board meeting ran from 2:00 pm to 4:00 pm.
The appointment of a seasoned CFO with deep manufacturing-sector experience signals strengthened financial leadership at a time when the company is reporting quarterly results. The clean audit opinion provides comfort on the reliability of Q1 numbers, which is mildly positive for shareholder confidence.