Appointment of Internal Auditor and Chief Financial Auditor in the Board Meeting held on Today i.e. 10.05.2025.
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The board of Saboo Sodium Chloro Ltd, at its meeting on May 10, 2025, appointed M/s Tushar Sharma & Co (Chartered Accountants, Jaipur) as the Internal Auditor for FY 2025-26. The board also appointed Mr. Jagdish Kumawat as the new Chief Financial Officer (CFO) of the company with effect from May 9, 2025, replacing the previous CFO. Mr. Kumawat is a graduate with knowledge of finance and accounts and is not related to any director on the board. The previous auditor firm, Tushar Sharma & Co, has 2 years of experience in company audit, tax audit, internal audit, accounting, and income tax matters.
Routine annual appointments, but the CFO change signals a leadership transition at a key financial role. Shareholders should watch for any further disclosures about the previous CFO's departure and monitor the new CFO's impact on financial reporting and disclosures going forward.