Appointment of Ms. Shivani Tiwari as Chief financial officer of the company w.e.f. 05-06-2025

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By the next day the stock moved 5.0 pts less than Nifty Microcap 250 and 4.1 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Vrundavan Plantation Ltd announced the appointment of Ms. Shivani Tiwari as its Chief Financial Officer and Key Managerial Personnel, effective from June 5, 2025. The decision was taken at a Board meeting held on the same day (which ran from 6:00 PM to 6:45 PM) based on the recommendation of the Nomination and Remuneration Committee. The new CFO is described as a young commerce graduate with strong communication skills and a strategic approach. The company has submitted the required disclosures under SEBI LODR Regulations. The announcement was signed by Managing Director Mr. Upendra Tiwari (DIN: 09630205).

Likely market impact

This is a routine key managerial personnel appointment and is not expected to materially move the stock price. Investors may note that the new CFO (Shivani Tiwari) shares the Tiwari surname with the Managing Director (Upendra Tiwari), which could raise informal governance questions for some shareholders.