Southern Magnesium Appoints Nuthakki Rajender Prasad as Joint MD & CFO

Southern Magnesium & Chemicals Ltd has informed the exchange about a significant management change. Mr. Nuthakki Rajender Prasad has been appointed as the Joint Managing Director and Chief Financial Officer of the company. This appointment was approved by the Board of Directors at their 39th Annual General Meeting held on September 29, 2025, and will be effective from January 30, 2026. Mr. Prasad, an engineer with over two decades of experience and a promoter director, will continue to hold his office as Joint Managing Director and CFO for a term as approved by the shareholders. The company has provided detailed disclosures as required under SEBI regulations.