Rajshree Roy joins as independent director; finance chief and one director resign
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Padmanabh Industries' board approved changes effective 30 October 2026. Akash Bharatkumar Parmar, Managing Director since February 2026, was appointed Chief Financial Officer after Umesh Parghi resigned for personal commitments. Harpalsingh Parmar resigned as independent director, citing personal and professional obligations, while Rajshree Roy was appointed as an additional non-executive independent director. Committees were reconstituted.
Board changes may add short-term uncertainty, but the Managing Director takes the chief financial officer role and a new independent director joins.