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 (CFO) with immediate effect from October 16, 2025. The appointment was approved by the Board of Directors based on recommendations from the Nomination and Remuneration Committee and the Audit Committee. Shri Manthri Bharat Kumar is a Chartered Accountant (CA) and Cost and Management Accountant (CMA) with over ten years of experience in finance, accounting, audit, and corporate restructuring. He previously worked at Varsity Education Management as Senior Manager (Financial Reporting) and at Guru & Jana Chartered Accountants. His expertise spans financial reporting under Ind AS and IGAAP, mergers and demergers, and managing multi-entity group consolidations.
This is a routine key managerial personnel (KMP) change that brings an experienced finance professional with multi-sector and audit background to the company. For shareholders, this signals no disruption in financial oversight, but the long-term impact on the stock will depend on the CFO's execution and financial strategy going forward.