CFO Umesh Parghi resigns; Akash Parmar appointed as successor
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Padmanabh Industries said Umesh Parghi will resign as CFO effective 30 October 2026 due to personal commitments and professional engagements. Akash Bharatkumar Parmar, Managing Director since February 2026, will become CFO the same day. Rajshree Roy was appointed as an additional independent director, while Harpalsingh Parmar resigned as an independent director due to personal and professional commitments. Board committees were reconstituted.
CFO continuity is preserved as the Managing Director takes over, but the resignations may raise short-term governance and financial reporting concerns.