StockWatch
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Cigarettes & Tobacco Products
Management Change15 May 2026, 12:02 pm

NTC Industries Appoints Vivek Soni as CFO

AI Summary

NTC Industries Ltd. has appointed Mr. Vivek Soni as the Chief Financial Officer (CFO) of the company, effective May 15, 2026. This decision was approved by the Board of Directors during a meeting held on the same date, following the recommendation of the Nomination and Remuneration Committee and in accordance with Section 203 of the Companies Act, 2013. Mr. Soni succeeds Mr. Avijit Maity, who resigned from the CFO position on May 7, 2026. Mr. Soni, born on May 5, 1992, has been serving as the Accounts Manager at NTC Industries and brings 8 years of experience in the tobacco manufacturing industry.

Key Highlights

  • Vivek Soni appointed as CFO of NTC Industries effective May 15, 2026.
  • Appointment follows Avijit Maity's resignation on May 7, 2026.
  • Soni has 8 years of experience and previously served as Accounts Manager.
  • The appointment complies with Regulation 30 of SEBI Listing Regulations.
  • Board approval based on Nomination and Remuneration Committee recommendation.