Seshachal Technologies: MD & CFO Resigns; New MD & CFO Appointed
Seshachal Technologies Ltd announced the resignation of Mr. Prabhaker Reddy Aedla from the posts of Managing Director and Chief Financial Officer (CFO), effective from the close of business on April 23, 2026, citing "pre-occupation." The Board of Directors accepted his resignation in a meeting held on the same date. Concurrently, the Board appointed Mr. Raj Singh Rawat (DIN: 03498135) as an Additional Director, designated as the new Managing Director for a period of five years, and also as the Chief Financial Officer of the company, both effective from April 23, 2026. Mr. Rawat is described as a seasoned professional with extensive experience in finance and administration and is not related to any existing directors.
Key Highlights
- Prabhaker Reddy Aedla resigned as MD & CFO due to pre-occupation.
- Resignation and new appointments are effective April 23, 2026.
- Raj Singh Rawat appointed as new MD for five years and CFO.
- Mr. Rawat brings extensive finance and administration experience.
- The new MD & CFO is unrelated to existing directors.
Price Impact
More from SESHACHAL