StockWatch
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Other Textile Products
Management Change21 May 2026, 03:12 pm

Century Enka Redesignates Suresh Sodani as MD & CEO

AI Summary

Century Enka Ltd. has redesignated Mr. Suresh Sodani, the current Managing Director, as Managing Director and Chief Executive Officer (MD & CEO) of the company. This decision was made by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee, with no changes to the existing terms and conditions of his appointment. The board also approved the audited financial results for the year ended March 31, 2026, appointed M/s. Singhi & Co. as statutory auditors, and recommended a dividend of 110% (₹11 per share).

Key Highlights

  • Suresh Sodani redesignated as Managing Director and CEO of Century Enka.
  • Appointment terms remain unchanged after the redesignation.
  • Board approved audited financial results for the year ended March 31, 2026.
  • Singhi & Co. appointed as statutory auditors for five years, subject to shareholder approval.
  • Dividend of 110% (₹11 per share) recommended for FY26.