
Management Change4 Sept 2026, 06:50 pm
INDO SMC Ltd: Board Approves Director Appointment, New CFO
AI Summary
INDO SMC Ltd's Board of Directors met on September 4, 2026, approving key management changes. Mr. Chaitanya Patel was appointed as an Executive Director for three years, subject to member approval. The board also accepted the resignation of Mr. Neel Niteshbhai Shah as CFO and appointed Mr. Anand Santosh Saraogi as the new CFO and Key Managerial Personnel. Additionally, M/s Vishal Khokhar & Associates were appointed as Internal Auditors and M/s Kishore Kumar & Co. as Cost Auditors for FY 2026-27.
Key Highlights
- Chaitanya Patel appointed Executive Director for 3 years.
- Anand Santosh Saraogi appointed as new CFO and KMP.
- Neel Niteshbhai Shah resigns as CFO.
- Internal and Cost Auditors appointed for FY 2026-27.
Price Impact
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