Orient Electric Limited — Others, 17-12-2024: Cessation

Orient Electric Limited has announced a board meeting addressing key managerial changes. Mr. Saibal Sengupta will retire as Chief Financial Officer and Key Managerial Personnel effective December 31, 2024. Mr. Arvind Vats has been appointed as CFO and will also serve as Chief Risk Officer starting January 1, 2025. Additionally, Mr. Hitesh Kumar Jain has resigned as Company Secretary, with his departure effective December 20, 2024. This leadership transition could enhance operational efficiency, and the appointment of Mr. Vats, with his extensive experience, may provide a positive outlook for investors looking for strategic growth opportunities.