Poddar Pigments Limited has informed the Exchange about General Updates for details of the KMP authorised under regulation 30(5) of SEBI (LODR) Regulations, 2015
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Poddar Pigments has informed the stock exchanges about a change in the Key Managerial Personnel (KMP) authorised under SEBI's Regulation 30(5) for determining materiality of events and making disclosures to stock exchanges, effective 1st June 2025. The newly authorised KMPs are Shri Gaurav Goenka (Joint Managing Director & CEO) and Shri Yug Mahesshwari (Chief Financial Officer). The announcement is signed by Bipin Kumar Bohra as CFO, indicating an impending change in the CFO position from Mr. Bohra to Mr. Mahesshwari. The change was approved by the Board of Directors, though the exact meeting date is left blank in the filing.
This is largely a routine compliance update, but it signals a change in the Chief Financial Officer role with Mr. Yug Mahesshwari set to take over from Mr. Bipin Kumar Bohra effective 1st June 2025. Shareholders should monitor for any separate formal announcement regarding this leadership transition; the immediate stock price impact is expected to be minimal unless more details emerge.