Finolex Industries Limited — Others, 01-04-2025: Change in Management

Finolex Industries has announced a board meeting to approve several key changes in senior management. Mr. Sumanto Bhandari has been appointed as President - Purchase, while Mr. Swad Deshpande will take on the role of President - Supply Chain Management. Mr. Ashutosh Kulkarni will resign as Head – Supply Chain Management, effective 26th May 2025.

These appointments bring seasoned executives into pivotal roles, which could enhance operational efficiencies and drive innovation. The leadership changes may positively influence investor sentiment, reflecting a proactive approach to strengthening the company’s supply chain management capabilities.