Redtape Limited has informed the Exchange about change in Management
REDTAPE · price
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Redtape Limited has announced a change in its Chief Financial Officer role effective August 14, 2025. Mr. Abhinav Jain, the outgoing CFO and Key Managerial Personnel, has been re-designated as Vice President – Finance within the company. In his place, Mr. Vivek Agnihotri has been appointed as the new CFO and KMP. Mr. Agnihotri brings over 18 years of finance experience from companies like Mawana Sugars, KRBL Limited, and Mirza International, and was already working at Redtape as Vice President (Banking & Finance) after the demerger. The changes were approved by the Board based on recommendations of the Nomination & Remuneration and Audit Committees. Mr. Jain confirmed there are no material reasons other than the internal re-designation.
This is a smooth internal succession as the incoming CFO is already familiar with Redtape's operations, which should ensure continuity in financial management. For shareholders, it signals stable financial governance with no disruption expected from the change.