Banco Products (I) Limited — Others, 17-05-2025: Appointment

Banco Products (India) Ltd. has announced a board meeting on the approval of audited standalone and consolidated financial results for FY 2024-25, with auditors issuing clean opinions. The board decided against declaring a final dividend for the year. Mr. Venkata Ranganath Kumar Sarni, an industry veteran with 20+ years in automobiles, was appointed as Additional and Whole-Time Director for three years, pending shareholder approval. Mr. Sachin Jayantilal Kotak, a Chartered Accountant with extensive finance experience, has been appointed as the new CFO. The company also approved a postal ballot via remote e-voting and updated its Key Managerial Personnel details.