Pursuant to Regulation 30 of SEBI Listing Regulations, we wish to inform you that the Board of Directors at their meeting held today i.e. 7th August, 2025, has inter-alia, considered and ....
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Rungta Irrigation Limited informed the stock exchange that its Board of Directors, at a meeting held on August 7, 2025, accepted the resignation of Mr. Vinod Kumar Mathuria from the position of Chief Financial Officer, citing personal and family reasons. The Board simultaneously approved the appointment of Mr. Sumit Bansal as the new CFO with effect from the same date, based on the recommendation of the Nomination and Remuneration Committee. Mr. Sumit Bansal is a qualified Chartered Accountant with over two decades of experience in financial management, audit, taxation, and corporate compliance, having previously served as CFO at RRB Energy Ltd and as Chief Manager-Finance & Accounts at Thomson Press (India) Ltd. He is not related to any Director of the Company.
This is a routine key managerial personnel change with no governance red flags — the outgoing CFO resigned for personal reasons, and a qualified CA with relevant industry experience has been appointed as replacement. Shareholders are unlikely to see a material impact on the stock price, though continuity in financial reporting will be a near-term watchpoint.