Announced Fri, 27 Mar · 12:02 IST

Intimation of Appointment of Chief Financial Officer(THE CFO) under Regulation 30 of the SEBI(LODR) Regulation 2015

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-10.1%1-day move
₹38.95
prior close
₹38.30
base price
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+0.0-3.7-2.7-1.8-10.1-2.4+2.7+20.7+32.2+38.6+41.2+20.7+5.3
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AI summary

Valplast Technologies has appointed Mr. Raghuveer Prasad as its new Chief Financial Officer and Key Managerial Personnel, effective March 27, 2026. The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Prasad holds an MBA in Finance and a B.Com (Hons) degree, with over 18 years of experience in finance, accounting, taxation, MIS reporting, and financial management. He is not debarred from holding the position and no director relationships were disclosed for this appointment.

Likely market impact

This is a routine key managerial personnel appointment and should have minimal direct impact on the stock price. It fills a critical financial leadership role, bringing experienced finance expertise to support the company's strategic and operational financial functions.