Macpower CNC Machines Limited — Others, 31-12-2024: Cessation

The Board of Macpower CNC Machines Limited has confirmed the retirement of Mr. Rajnikant Mohanlal Raja as Chief Financial Officer effective January 1, 2025, after over 20 years with the company. Mr. Vishal Bipinkumar Mehta will succeed him as CFO, bringing 22 years of experience in internal audit, taxation, and finance. Additionally, Mr. Milan Rameshbhai Dhameliya will be appointed as the new Internal Auditor, effective the same date. These leadership transitions may signal a shift in strategic focus, potentially enhancing operational efficiency and governance, offering a positive outlook for shareholders.