BSEWest Leisure Resorts LtdMediumNeutral
Announced Tue, 31 Mar · 13:42 IST

Intimation regarding Appointment of Manager cum Chief Financial Officer (CFO) of the Company

Management Changes View source PDF

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AI summary

West Leisure Resorts has appointed Mrs. Jyoti Shinde as the new Manager and Chief Financial Officer (CFO) of the company with effect from April 1, 2026. The Board approved her appointment at its meeting held on March 31, 2026, based on the recommendation of the Nomination and Remuneration Committee. Her term as Manager is for five years, subject to shareholder approval at the upcoming Annual General Meeting. She has been designated as a Key Managerial Personnel under Section 203 of the Companies Act, 2013. Mrs. Shinde is a Chartered Accountant and Law graduate with over 15 years of experience in accounts, taxation, audit, GST compliance, transfer pricing, and financial reporting. She is not related to any existing Director on the Board.

Likely market impact

The appointment brings a qualified finance professional into a critical leadership role, which may strengthen financial governance and reporting for the company. Shareholders should note the dual designation of Manager and CFO being held by one person, which combines operational and financial oversight in a single role. The Manager appointment will require shareholder approval at the next AGM.