Management Change18 May 2026, 05:21 pm
Visaka Industries: Ramakrishna Pendyala Appointed CFO
AI Summary
Visaka Industries Ltd. announced the appointment of Mr. Ramakrishna Pendyala as Chief Financial Officer (CFO) effective June 20, 2026. He will be categorized as Key Managerial Personnel (KMP). Additionally, Mr. S. Shafiulla will cease to be CFO on June 19, 2026, due to retirement. The board also approved a final dividend of ₹1.20 per share for FY26, subject to shareholder approval, and reappointed M/s. Sagar & Associates as Cost Auditors for FY27.
Key Highlights
- Ramakrishna Pendyala appointed as CFO of Visaka Industries, effective June 20, 2026.
- S. Shafiulla to retire as CFO, ceasing role on June 19, 2026.
- Final dividend of ₹1.20 per share approved for FY26, pending shareholder approval.
- M/s. Sagar & Associates reappointed as Cost Auditors for FY27.
- 44th Annual General Meeting scheduled for July 30, 2026; record date fixed as June 26, 2026.
Price Impact
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