StockWatch
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Trading & Distributors
Management Change5 Aug 2026, 09:10 pm

Newever Trade Wings Appoints Manoj Batham as CFO and MD

AI Summary

Newever Trade Wings Ltd announced key management changes following a Board Meeting held on August 5, 2026. Manoj Batham has been appointed as the Chief Financial Officer (CFO) and also as an Additional Director (Executive- Managing Director) for a term of 3 years, effective August 5, 2026. The board also approved the appointment of Mr. Navneet Khare, Mr. Saroj Kumar Choudhury, and Ms. Iranee Tripathy as Non-Executive Independent Directors for a term of 5 years. Additionally, the company accepted the resignation of M/s. PAMS & Associates as Statutory Auditor due to geographical constraints and proposed the appointment of M/s. Lipika and Associates as the new Statutory Auditor for a term of 5 years, subject to member approval. Mr. Nitin Oza was appointed as Internal Auditor for FY 2026-2027.

Key Highlights

  • Manoj Batham appointed as CFO and Managing Director.
  • Three new Non-Executive Independent Directors appointed.
  • New Statutory Auditors appointed for a 5-year term.
  • Internal Auditor appointed for FY 2026-2027.
  • Resignation of previous Statutory Auditors accepted.