Harikanta Overseas Ltd Appoints Whole-time Director as Chief Financial Officer
Harikanta Overseas Limited has appointed Mr. Abhishek Nileshkumar Gotawala, an existing Whole-time Director of the company, as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This appointment was formalized by the Board of Directors during a meeting held on July 25, 2026.Mr. Gotawala will assume the role of CFO and KMP effective immediately, holding this executive position in addition to his existing responsibilities as Whole-time Director. The decision follows a process involving recommendations from the Audit Committee and the Nomination & Remuneration committee.
The appointment aims to consolidate executive responsibilities and ensure alignment of financial leadership with the company's overall strategic direction.
CFO Profile and Key Details
Mr. Abhishek Nileshkumar Gotawala is associated with Harikanta Overseas Limited since its incorporation. He brings over six years of experience in finance, accounts, internal controls, commercial operations, and strategic management. The company specializes in the weaving and manufacturing of silk and silk mixture fabrics.A summary of the appointment details is provided below:
| Particulars | Details |
|---|---|
| Reason for Appointment | Appointment as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). |
| Date of Appointment | July 25, 2026 |
| Role | Chief Financial Officer (CFO) in addition to Whole-time Director. |
| Experience Profile | Over six years of experience in finance and strategic management. |
| Shareholding | 23,23,580 shares. |
Relationship Disclosures
The company disclosed that Mr. Abhishek Nileshkumar Gotawala maintains a relationship with Mr. Hardik Gotawala (Managing Director) and Nilesh Gotawala (Whole Time Director).Stock Price Movement
Harikanta Overseas Ltd shares settled at ₹74.49 on Friday, slipping 1.18%. The stock traded within a range, moving between an intraday low of ₹74.49 and a high of ₹77.99.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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