We hereby inform you that the Board of Directors of the company at its meeting held today on 13th May 2025, and on recommendation of NRC, inter alia considered, approved the changes of ....
Awaiting price reaction for this filing.
OTCO International Limited's Board of Directors, at its meeting on May 13, 2025, approved changes in Key Managerial Personnel on the recommendation of the Nomination and Remuneration Committee. Ms. Madhusmita Panda, who was previously the CFO, has been redesignated as Company Secretary and Compliance Officer of the company. Ms. Sneha Pandda has been appointed as the new CFO effective May 13, 2025. Ms. Pandda holds a Bachelor of Arts degree, is pursuing her CA Final examination, and has 5 years of experience in accounts, taxation, and audit.
This is an internal KMP reshuffle with no operational disruption — the previous CFO moved to another KMP role and a new CFO was appointed. Investors may want to monitor the new CFO's transition given her relatively limited experience and ongoing CA qualification.