
Management Change30 May 2026, 06:41 pm
Sri Chakra Cement: CFO Srirama Nendraganti Resigns
AI Summary
Sri Chakra Cement Ltd announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Mr. Srirama Vara Prasad Nendraganti, effective May 30, 2026, after business hours. The resignation is due to personal reasons. Mr. Nendraganti will also cease to be a Key Managerial Personnel as per the Companies Act 2013 and SEBI LODR Regulations. The Board of Directors will record the resignation at the upcoming Board Meeting. The company is in the process of appointing a new CFO and will communicate the appointment to the stock exchange in due course.
Key Highlights
- Srirama Vara Prasad Nendraganti resigns as CFO and KMP of Sri Chakra Cement.
- Resignation is effective from May 30, 2026, after business hours.
- The resignation is attributed to personal reasons.
- Company is in the process of appointing a new CFO.
- Board will record the resignation at the upcoming meeting.
Price Impact
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