Clarification with reference to earlier announcement under Regulation 30A of LODR- Appointment of Shri Manthri Bharat Kumar as Chief Financial Officer of the Company dated October 16, 2025
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Retina Paints has issued a clarification regarding its earlier October 16, 2025 announcement about the appointment of Shri Manthri Bharat Kumar as the company's Chief Financial Officer. The earlier disclosure was inadvertently filed under the wrong SEBI regulation (Regulation 30A) and has now been withdrawn. The company has re-filed the disclosure under Regulation 30, confirming the appointment with immediate effect after approval by the Board, the Audit Committee, and the Nomination and Remuneration Committee. Shri Manthri Bharat Kumar is a Chartered Accountant and Cost & Management Accountant with over 10 years of experience in finance, audit, financial reporting (Ind AS/IGAAP), and corporate restructuring, having previously worked at Varsity Education Management and Guru & Jana Chartered Accountants. The Board meeting approving the appointment ran from 11:32 AM to 11:40 AM on October 16, 2025.
This is a procedural correction and not a substantive change — the CFO appointment stands. For shareholders, the key takeaway is that a qualified finance professional has been formally appointed as CFO, which may strengthen financial governance, though the earlier filing error is a minor compliance lapse.