StockWatch
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Trading & Distributors
Management Change21 Jul 2026, 04:17 pm

Suncare Traders Appoints Ramesh Salvi as CFO, Harshad Rathod Resigns

AI Summary

Suncare Traders Ltd announced key management changes following a board meeting. Mr. Ramesh Salvi has been appointed as Whole-time Director and Chief Financial Officer, effective July 21, 2026, subject to shareholder approval. Concurrently, Mr. Harshad Rathod has resigned from his positions as Whole-time Director and Chief Financial Officer, also effective July 21, 2026, citing personal commitments. Mr. Salvi, 32, brings 5 years of experience in accounts and finance. The board meeting was brief, lasting from 3:15 PM to 3:30 PM.

Key Highlights

  • Ramesh Salvi appointed Whole-time Director & CFO from 21.07.2026.
  • Harshad Rathod resigns as Whole-time Director & CFO from 21.07.2026.
  • Appointment of Mr. Salvi is subject to shareholder approval.
  • Resignation is due to personal commitments and other work.