StockWatch
·
Other Financial Services
Management Change6 Aug 2026, 07:50 pm

Spice Lounge Appoints P.S. Phaninder Nath as New CFO

AI Summary

Spice Lounge Food Works Ltd announced the appointment of Mr. P.S. Phaninder Nath as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This follows the resignation of Mr. Ravi Kumar Paritala from the same position due to personal reasons, effective August 6, 2026. Mr. Nath, a Chartered Accountant, brings extensive experience in financial leadership roles, including previous CFO positions at Vivimed Labs Ltd. and GSS Infotech Limited. The board approved the appointment based on recommendations from the Nomination and Remuneration Committee and the Audit Committee.

Key Highlights

  • P.S. Phaninder Nath appointed as new CFO.
  • Ravi Kumar Paritala resigns as CFO citing personal reasons.
  • Resignation of former CFO is effective August 6, 2026.
  • New CFO has prior experience as CFO at Vivimed Labs and GSS Infotech.