Management Change29 May 2026, 01:35 pm
Samkrg Pistons: CFO Boorugu Venkatesham Resigns, Veera Panchagnula Appointed
AI Summary
Samkrg Pistons & Rings Ltd. announced the resignation of CFO, Mr. Boorugu Venkatesham, effective May 28, 2026, due to personal reasons. Simultaneously, the company appointed Mr. Veera Raghavaiah Panchagnula as the new CFO, effective May 29, 2026. Additionally, M/s Apical Business Advisory Services LLP has been appointed as the Internal Auditor for the FY 2026-27.
Key Highlights
- Boorugu Venkatesham resigned as CFO effective May 28, 2026, citing personal reasons.
- Veera Raghavaiah Panchagnula appointed as CFO effective May 29, 2026; he has 30+ years of finance experience.
- Apical Business Advisory Services LLP appointed as Internal Auditor for FY 2026-27.
- Board meeting on May 29, 2026, approved the resignation and appointment.
Price Impact
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