Intimation regarding retirement of Mr. M O Ayyappan, Chief Financial Officer from the services at the closure of business hours at 31st October, 2025 and Appointment of Ms. K Lalitha as ....
SICAGEN · price
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Sicagen India Ltd's Board of Directors met on 31st October 2025 and approved the un-audited financial results (standalone and consolidated) for the quarter and half year ended 30th September 2025, along with the limited review report. The Board also accepted the retirement of Mr. M O Ayyappan, Chief Financial Officer, effective at the close of business on 31st October 2025, after which he ceases to be a Key Managerial Personnel (KMP) and Senior Management Personnel (SMP). In his place, Ms. K Lalitha has been appointed as the new CFO with effect from 5th November 2025.
This is a routine top-level leadership transition with a planned, orderly handover and no governance red flags. Ms. Lalitha brings over 20 years of finance experience and was previously CFO at Manali Petrochemicals Ltd, which should help maintain continuity in financial reporting. Investors should mainly focus on the Q2 FY26 results disclosed alongside this announcement for actual business performance signals.