In compliance with Regulation 30 read with Schedule III, Part A, Para A (7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ), as amended, we hereby inform you that the Board of Directors of the Company on the recommendation of Nomination and Remuneration Committee and Audit Committee at its meeting held today i.e. 4th September, 2025 has approved the appointment of Mr. Prakash Chand Jain as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect from 5th September, 2025. Mr. Rakesh Mehta, who was appointed as Chief Financial Officer and Key Managerial Personnel of the Company, has ceased to be CFO and KMP of the Company with effect from the closure of business hours on 4th September 2025.The details on the above as required under the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 (updated as on 31st December 2024) is enclosed as Annexure A.
SAURASHCEM · price
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The Board of Directors of Saurashtra Cement Limited approved the appointment of Mr. Prakash Chand Jain as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective 5th September 2025. The decision was taken on the recommendation of the Nomination and Remuneration Committee and Audit Committee at a meeting held on 4th September 2025. Mr. Rakesh Mehta, the previous CFO and KMP, has ceased to hold these positions with effect from the close of business hours on 4th September 2025. The disclosure is filed under SEBI Listing Regulations.
A routine CFO transition at the company level. Shareholders should monitor for any further disclosures on the reasons for the CFO change, though no immediate material impact on stock price is expected from this governance update.