Tilaknagar Industries Limited has informed investors and bourses that the board has approved the resignation of the company’s Chief Financial Officer (CFO) Ajit Anant Sirsat.

The company stated that Ajit Anant Sirsat, chief financial officer, has tendered his resignation as chief financial officer due to personal reasons.

IT will relieve Ajit of services at the close of business on October 15, 2022.

The company also said it would provide more information on the CFO appointment in due course.

In addition, the board has also approved the appointment of Abhinav Gupta as Chief Financial Officer with effect from October 3, 2022.

Abhinav has over 17 years of experience in the field of finance. He has extensive experience and deep knowledge of his field. He will oversee the company’s financial operations. He was the Chief Financial Officer of Trident Limited before joining Tilaknagar Industries.

At around 9.45 am, Tilaknagar Industries was trading at Rs 96.90 up 2.16% from its previous close of Rs 94.85 on the BSE. The scrip opened at Rs 96.30 and touched an intraday high and low of Rs 98.40 and Rs 96.30 respectively.

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