Management Change13 Aug 2026, 04:52 pm
Thacker & Co. Appoints New CFO, Notes Auditor Resignation
AI Summary
Thacker & Company Ltd announced significant management and auditor changes following a Board of Directors meeting on August 13, 2026. Mr. Raju R. Adhia resigned as Chief Financial Officer (CFO) effective August 13, 2026, citing personal reasons. Concurrently, Mr. Amit Kumar was appointed as the new CFO and Key Managerial Personnel, effective August 14, 2026. The company also noted the resignation of its Statutory Auditors, M/s. P R Agarwal & Awasthi, and has appointed M/s. V K Beswal & Associates as their replacement, subject to member approval. Additionally, the Board approved alterations to the Articles of Association to enable share buy-backs, pending member approval.
Key Highlights
- Raju R. Adhia resigns as CFO, effective August 13, 2026.
- Amit Kumar appointed as new CFO, effective August 14, 2026.
- Statutory Auditors resign; V K Beswal & Associates appointed.
- Board approves Articles of Association alteration for buy-back.
- Raju R. Adhia to be re-appointed as Manager, subject to approval.
Price Impact
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