Appointment of Shri Manthri Bharat Kumar as Chief Financial Officer of the Company
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Retina Paints Limited has appointed Shri Manthri Bharat Kumar as its new Chief Financial Officer (a Key Managerial Personnel) with effect from October 16, 2025. The appointment was approved by the Board based on recommendations from the Nomination and Remuneration Committee and the Audit Committee. Mr. Kumar is a qualified Chartered Accountant and Cost & Management Accountant with over 10 years of post-qualification experience in finance, accounting, audit, and corporate restructuring, having worked at Varsity Education Management and Guru & Jana Chartered Accountants earlier. The Board meeting approving this change lasted only about 8 minutes (11:32 AM to 11:40 AM).
This is a routine KMP appointment with no negative implications — shareholders may view it positively given the new CFO's strong finance and audit background, which could strengthen financial reporting and compliance. No impact on share price is expected from the announcement itself.