Appointment of Internal Auditor Appoitement of Chief Financial Officer
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Saboo Sodium Chloro's board, at a meeting held on May 10, 2025, approved two key appointments for FY 2025-26. M/s Tushar Sharma & Co, a Jaipur-based Chartered Accountants firm (Registration No. 034267C) with 2 years of experience in audit, taxation, and accounting, has been appointed as the Internal Auditor. Mr. Jagdish Kumawat has been appointed as the new Chief Financial Officer effective May 9, 2025, replacing the previous CFO who resigned. The new CFO is a graduate with basic knowledge of finance and accounts and is not related to any director on the board. Both appointments comply with the Companies Act, 2013 and SEBI LODR Regulations.
The CFO change due to an undisclosed resignation of the previous CFO is worth monitoring, though the new appointee appears junior with only basic finance qualifications. The new internal auditor brings independent oversight for FY26, which is a routine governance positive.