Management Change15 Jun 2026, 12:23 pm
Mahesh Developers Appoints Ratilal Ambabhai Sapariya as CFO
AI Summary
Mahesh Developers Ltd has appointed Mr. Ratilal Ambabhai Sapariya as the Chief Financial Officer (CFO) of the company, effective November 14, 2019. This appointment was approved by the Board of Directors. The company also acknowledged an inadvertent oversight in not submitting the detailed disclosure earlier and has now provided the requisite information. Measures have been implemented to strengthen internal compliance processes. Mr. Sapariya is the father of the Managing Director.
Key Highlights
- Mr. Ratilal Ambabhai Sapariya appointed as CFO.
- Appointment effective from November 14, 2019.
- Company regrets prior disclosure lapse.
- Measures taken to improve compliance.
- CFO is related to the Managing Director.
Price Impact
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