Sharda Motor Industries Limited — Others, 04-02-2025: Retirement

Sharda Motor Industries Limited's Board has approved key decisions including the unaudited financial results for the third quarter and nine months ending December 31, 2024. The company reported a total income of ₹71,087.36 lakh during the quarter, with a profit before tax of ₹10,076.75 lakh. Mr. Ghan Shyam Dass will succeed Mr. Puru Aggarwal as Chief Financial Officer from April 1, 2025, following Aggarwal's retirement. Additionally, Mrs. Sarita Dhuper has been reappointed as a Non-Executive Independent Director for a second term starting June 28, 2025. While the management anticipates a smooth transition in leadership, investor sentiment might view the CFO change as an opportunity for fresh strategies in finance and operations.