Devinsu Trading has informed that the Board at its meeting held today took note of the resignation of Chief Financial Officer, Sachin B. Shinde with effect from the closing business hours of Friday, 03rd March, 2023; Based on the recommendation of the Nomination and Remuneration Committee, decided to appoint Nitin Parab as the Chief Financial Officer with effect from Saturday, 04th March, 2023; Decided that Nitin Parab will be a Key Managerial Personnel under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for determining the materiality of any event or transaction for making the required disclosures to the Stock Exchange with effective from 04th March, 2023. The meeting of the Board of Directors commenced at 14.00 hrs IST and ended on 14.30 hrs IST.
The above information is a part of company’s filings submitted to BSE.
