Pursuant to the requirement of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, ('Listing Regulations'); the meeting of the Board of Directors of ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board of Times Green Energy (India) Ltd held a meeting on April 25, 2025, and approved two key changes at the top finance level. Mr. Gangula Venkata Nagendra Babu was appointed as the new Chief Financial Officer (CFO) with immediate effect. He is already an employee of the company with around 3.5 years of experience in accounting, payroll, GST, and finance, and holds a B.Com from Acharya Nagarjuna University. At the same time, the board accepted the resignation of Mr. Raghavendra Kumar Koduganti as CFO for personal reasons — he mentioned relocating to the USA for about 6 months, which made it difficult for him to continue his duties.
This is a routine CFO-level change with no disruption to operations, since the new CFO is already familiar with the company's finances. Shareholders should note that the outgoing CFO cited personal relocation rather than any governance or performance issues, suggesting a smooth transition.