SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Foseco India informs about appointment of CEO cum MD

07 May 2021 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On the recommendation of the Nomination and Remuneration Committee, Foseco India has informed that the Board of Directors of the Company has appointed Prasad Chavare (DIN: 08846863) as an Additional Director on the Board of the Company with effect from 6th May 2021, pursuant to the provisions of Section 152 and 161 of the Companies Act 2013. Consequently, Chavare has also been appointed and designated as the Managing Director and Chief Executive Officer (MD & CEO), for a period of 5 years with effect from 1st June 2021 up to 31st May 2026. His appointment will be subject to the approval of the Shareholders of the Company at the forthcoming Annual General Meeting of the Company. He will be liable to retire by rotation. Brief Profile of Prasad Chavare is enclosed.

The above information is a part of company’s filings submitted to BSE.

Foseco India Share Price

4586.65 71.40 (1.58%)
16-Apr-2026 14:20 View Price Chart
Peers
Company Name CMP
BASF India 3674.60
Tata Chemicals 705.95
SRF 2498.20
Pidilite Inds. 1329.30
Deepak Nitrite 1523.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×