Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations'), we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., on Saturday, 27th September 2025 has inter alia, considered and approved Appointment and Resignation of Chief Financial Officer ('CFO') of the Company.
SKYGOLD · price
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Sky Gold and Diamonds announced a CFO change effective September 27, 2025. Mr. Mangesh Ramesh Chauhan resigned as CFO to focus on his role as Managing Director, where the company says he has growing strategic and operational responsibilities. The Board appointed Mr. Siddharth Sipani as the new CFO on the same date, following recommendations from the Nomination and Remuneration Committee and Audit Committee. Mr. Sipani is a Chartered Accountant and Company Secretary with over 20 years of experience, an ex-Big 4 professional, and was previously Group CFO at Gold Star Jewellery. The transition happened in a single board meeting, suggesting a planned, orderly handover.
This is an internal role reshuffle rather than a leadership exit — Mr. Chauhan continues as Managing Director, so the company retains his oversight. Bringing in a dedicated, experienced CFO with Big 4 and jewellery-industry background can be viewed as a positive governance step, separating finance leadership from executive management for sharper focus.