Mr. Vinod Kumar Goyal ,Executive Director and CEO has tendered his resignation from the services of the company on the closing of business hours w.e.f. April 30, 2025
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Mr. Vinod Kumar Goyal, the Executive Director and Chief Executive Officer of Rudra Ecovation Ltd (formerly Himachal Fibres Limited), has resigned due to personal reasons. He submitted his resignation letter on April 12, 2025, and will be relieved from his duties at the close of business hours on April 30, 2025. The company confirmed there are no other material reasons for his departure beyond those mentioned in the resignation letter. The company has not yet announced his replacement.
The exit of the top executive just ahead of a leadership transition may create short-term uncertainty around strategic direction, though the company has confirmed a smooth handover by end-April. Shareholders should watch for a timely appointment of a new CEO to maintain business continuity.