Addi Industries Ltd. Appoints Mr. Sandeep Mittal as CFO and KMP
Addi Industries Ltd. announced that its Board of Directors, at a meeting held on April 22, 2026, approved the appointment of Mr. Sandeep Mittal as the Company's Chief Financial Officer (CFO) and Key Managerial Personnel (KMP).The board’s approval for the appointment, which was based on the recommendations of the Audit Committee and the Nomination and Remuneration Committee, is effective from April 22, 2026. Mr. Mittal's tenure is noted as having no fixed term, continuing until his resignation or further orders from the Board, in line with applicable laws.
Appointment Details and Profile
The appointment details and professional background of Mr. Mittal were disclosed following the board meeting.| Detail of Event | Description of Change |
|---|---|
| Role | Appointment of Mr. Sandeep Mittal as Chief Financial Officer and Key Managerial Personnel (KMP) of the Company. |
| Effective Date | April 22, 2026. |
| Term | Not fixed; the appointment shall continue until resignation or until further orders of the Board. |
| Profile | Mr. Sandeep Mittal is a Qualified Accounting and legal professional with a solid academic background and hands-on experience in core financial operations. He possesses over 20 years of exposure in the field of Finance and Accounts. He is actively involved in investment and trading of listed and unlisted securities and financial instruments in his personal capacity, and also undertakes investment advisory and portfolio management services. |
The board meeting for Addi Industries Ltd. commenced at 05:30 P.M. (IST) and concluded at 6:00 P.M. (IST) on April 22, 2026.
Stock Price Movement
At the close of trade today, Addi Industries Ltd. settled at ₹104.00, slipping 0.23% during the Wednesday session. The shares traded throughout the day, finding themselves within a range established between ₹104.00 and a high of ₹109.46.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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