CFO Ravi Kumar Paritala resigns, P.S. Phaninder Nath appointed as new CFO

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+3.2%1-day move

₹25.10

prior close

₹26.50

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.2-1.9—-2.8+3.2+1.6+11.2+22.3+10.1+11.4-6.5+8.0——

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AI summary

The Board accepted the resignation of CFO Mr. Ravi Kumar Paritala effective end of business on 06 Aug 2026, citing personal reasons. He will continue his association with the company. Based on the Nomination and Audit Committee recommendations, Mr. P.S. Phaninder Nath, a Chartered Accountant from Hyderabad with over a decade of leadership experience including prior CFO roles at Vivimed Labs and GSS Infotech, has been appointed as the new CFO with effect from 06 Aug 2026.

Likely market impact

Smooth CFO transition. Outgoing CFO cites personal reasons and stays associated; incoming CFO is an experienced CA with prior CFO roles. Likely neutral for the stock.