CCL Products (India) Limited — Others, 09-01-2025: Resignation

The Board of Directors of CCL Products (India) Limited has accepted the resignation of Mr. V. Lakshmi Narayana from his position as Chief Financial Officer, effective February 6, 2025. Mr. Chaithanya Agasthyaraju has been appointed as CFO-Designate immediately, and will officially assume the role on February 7, 2025. Agasthyaraju brings 19 years of financial expertise, having previously served as CFO at Griffith Foods and holding key positions at prominent firms.

This leadership change could enhance financial management, potentially instilling a positive outlook among investors looking for strategic growth under new guidance, while also introducing a level of risk due to transition periods in key management roles.