
Management Change4 Sept 2026, 06:50 pm
INDO SMC Ltd Appoints New Executive Director and CFO
AI Summary
INDO SMC Ltd announced significant management changes following a Board of Directors meeting on September 4, 2026. Mr. Chaitanya Patel has been appointed as an Executive Director for a three-year term, subject to member approval. The company also accepted the resignation of Mr. Neel Niteshbhai Shah as Chief Financial Officer (CFO) and appointed Mr. Anand Santosh Saraogi as the new CFO and Key Managerial Personnel (KMP). Additionally, M/s Vishal Khokhar & Associates and M/s Kishore Kumar & Co. have been appointed as Internal Auditors and Cost Auditors, respectively, for the financial year 2026-27.
Key Highlights
- Chaitanya Patel appointed Executive Director for 3 years.
- Neel Niteshbhai Shah resigns as Chief Financial Officer.
- Anand Santosh Saraogi appointed as new CFO and KMP.
- Internal and Cost Auditors appointed for FY 2026-27.
Price Impact
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