Management Change23 May 2026, 10:31 pm
Studds: Manish Mehta Steps Down as CFO, Bharat Goyal Appointed
AI Summary
Studds Accessories Ltd announces Mr. Manish Mehta stepping down as CFO and KMP, transitioning to Vice President- Taxation & Compliance, effective July 1, 2026. Mr. Bharat Goyal is appointed as the new CFO and KMP, also effective July 1, 2026. The board approved audited financial results for FY26, recommended a dividend of ₹3 per share, and adopted the Studds ESOP Scheme 2026. Deloitte Haskins & Sells LLP were appointed as Internal Auditors for FY 2026-27.
Key Highlights
- Manish Mehta resigns as CFO, becomes VP-Taxation & Compliance effective July 1, 2026.
- Bharat Goyal appointed as CFO and KMP, effective July 1, 2026.
- Dividend of ₹3 per share (60%) recommended for FY 2025-26, subject to shareholder approval.
- Studds ESOP Scheme 2026 approved, granting options up to 0.75% of post-issue equity.
- Deloitte Haskins & Sells LLP appointed as Internal Auditors for FY 2026-27.
Price Impact
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