StockWatch
·
Other Textile Products
Management Change12 May 2026, 06:21 pm

KG Denim Appoints M Balaji as CFO

AI Summary

KG Denim Ltd has appointed Mr. M Balaji as the Chief Financial Officer (Key Managerial Personnel) of the Company, effective May 12, 2026. The appointment follows the recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee. Mr. Balaji holds an Honours Degree in Commerce and is an Associate Member of several professional institutes. He brings around 30 years of experience in finance, accounts, costing, legal, and secretarial functions.

Key Highlights

  • Mr. M Balaji appointed as CFO of KG Denim Ltd effective May 12, 2026.
  • Appointment complies with Section 203 of the Companies Act, 2013 and SEBI regulations.
  • M Balaji has 30 years of experience in finance and related functions.
  • The board meeting to approve the appointment commenced at 5.30 PM and concluded at 6.00 PM.