Mrs. Meenakshi Shrikant Mulmule Appointed as CFO of SP Refractories Limited; Ms. Shweta Prabodh Kale Resigns
SP Refractories Limited has announced a change in its leadership structure, appointing Mrs. Meenakshi Shrikant Mulmule as the new Chief Financial Officer (CFO). The company also confirmed the resignation of Ms. Shweta Prabodh Kale from her position as CFO and Key Managerial Personnel (KMP).The appointment of Mrs. Meenakshi Shrikant Mulmule is effective from June 10, 2026. She holds a Master's Degree in Commerce from Rashtrasant Tukadoji Maharaj Nagpur University. Mrs. Mulmule possesses extensive experience across the manufacturing and trading of refractory materials and products, specializing in business operations, commercial management, and industry practices. Prior to this appointment, she contributed significantly to the growth of enterprises within the refractory sector. Additionally, it was noted that Mrs. Mulmule had been appointed as Additional Director of the Company effective December 23, 2025, and is not related to any Director or Key Managerial Personnel of the Company within the meaning of Section 2(77) of the Companies Act, 2013.
Concurrently, the company confirmed that Ms. Shweta Prabodh Kale resigned from her role as CFO and KMP. Her resignation became effective at the close of business hours on June 9, 2026. The reason cited for the departure was increasing professional commitments and dual responsibilities arising from other assignments.
Key details regarding the changes in leadership are presented below:
| Particular | Mrs. Meenakshi Shrikant Mulmule (Appointee) | Mr. Shweta Prabodh Kale (Departing KMP) |
|---|---|---|
| Role Change | Appointment as Chief Financial Officer (CFO) of the Company. | Resignation from CFO and Key Managerial Personnel (KMP). |
| Effective Date | June 10, 2026. | Close of business hours on June 9, 2026. |
| Profile/Reason for Change | Holds a Master's Degree in Commerce and has extensive experience in the manufacturing and trading of refractory materials and products. | Resigned due to increasing professional commitments and dual responsibilities from other assignments. |
SPRL Stock Price Movement
Shares of Sp Refractories Limited settled today at ₹82.75, showing a perfectly stable performance across the trading session with zero percentage change. The stock maintained its previous close, reflecting complete consistency during market hours.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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