Nuvoco Vistas Corporation Limited has informed the Exchange regarding Resignation of Prashant Jha as Chief of RMX of the company w.e.f. close of business hours of April 11, 2025.
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Nuvoco Vistas Corporation Limited has informed the stock exchange about the resignation of Prashant Jha from the position of Chief of RMX (Ready-Mix Concrete). His resignation takes effect from the close of business hours on April 11, 2025. The Chief of RMX is a senior leadership role overseeing the company's ready-mix concrete business, which is one of Nuvoco's key verticals alongside cement. The company has not announced a successor in this filing. Prashant Jha was responsible for heading the RMX division's operations and strategy.
This is a senior divisional leadership exit rather than a top management change, so the immediate stock price impact is likely limited. However, investors should watch for an official successor announcement to assess continuity in the RMX business, which is an important growth vertical for Nuvoco.