Management Change27 Mar 2026, 10:45 am
V B Industries Ltd Announces Resignation of CFO Jagannath Pandit and Appointment of Jagdish Prasad Purohit
AI Summary
V B Industries Ltd has announced the resignation of its Chief Financial Officer (CFO), Mr. Jagannath Pandit, effective from 27th March 2026. The resignation was approved at a Board meeting held on the same day. The company has also announced the appointment of Mr. Jagdish Prasad Purohit as the new CFO, with immediate effect. The Board's decision was made upon the recommendation of the Nomination & Remuneration Committee. There is no other reason for the change except as provided in the attachment.
Key Highlights
- Resignation of Mr. Jagannath Pandit as CFO of V B Industries Ltd.
- Appointment of Mr. Jagdish Prasad Purohit as the new CFO of V B Industries Ltd.
- The changes are effective from 27th March 2026.
- The decisions were made at a Board meeting held on 27th March 2026.
- The changes were recommended by the Nomination & Remuneration Committee.