Goyal Associates Appoints Ajay Solanki as Interim CFO

Goyal Associates Limited announced that its Board of Directors has approved the appointment of Mr. Ajay Solanki to discharge the functions of Chief Financial Officer (CFO) on an additional charge basis, effective October 25, 2026. This follows the resignation of Ms. Munige Radhika from the CFO position, effective October 24, 2026. The Board also approved a Rights Issue of equity shares not exceeding ₹7000 Lakhs (₹70 Crore) and constituted a Rights Issue Committee to oversee the process. The resignation of Mr. Vuppala Naga Malleswara Rao as Director was also noted.