Announced Fri, 7 Nov · 21:30 IST

Appointment of Mr. Deepak Berry for the post of Chief Financial Officer (CFO) of the Company.

Management Changes View source PDF

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AI summary

Omnitex Industries India Ltd has appointed Mr. Deepak Berry as its new Chief Financial Officer (CFO), effective November 7, 2025. He joins as part of the company's Key Managerial Personnel (KMP). Mr. Berry holds an MBA in Finance from TASMAC, Pune, and brings over 48 years of professional experience. His past roles include senior finance positions at Porritts and Spencer Asia Ltd, Birla Yamaha Ltd, and the Essar Group, where he served as head of works accounts and as CFO at Essar Port, Hazira, for 34 years (1988–2022), and later as CFO at the Seros Group of companies. The company has confirmed he is not related to any existing directors and has not been barred by SEBI from holding a KMP position.

Likely market impact

The appointment of a seasoned finance professional with nearly five decades of experience — much of it at large groups like Essar — brings significant financial leadership depth to Omnitex. For shareholders, this is a routine governance update and is unlikely to materially move the stock price, though it may improve confidence in financial reporting and controls.