Newmalayalam Steel Limited Appoints CFO on April 8, 2026
On April 8, 2026, the Board of Directors of Newmalayalam Steel Limited, in a meeting held that day, appointed Mr. Avinash P V as the Chief Financial Officer (CFO) and Key Managerial Personnel of the company. This appointment followed recommendations from the Nomination and Remuneration Committee and the Audit Committee.The board meeting commenced at 4:00 P.M. and concluded at 4:35 P.M. on Wednesday, April 8, 2026.
New CFO Profile Details
Mr. Avinash P V, a Chartered Accountant, brings 12 years of experience in finance, accounts, and audit. His experience includes 4 years of post-qualification practice. His areas of specialization include financial reporting, taxation, statutory compliance, and internal controls, providing him with strong exposure to both manufacturing and corporate environments.The key details regarding the appointment are summarized below:
| Disclosure Requirement | Details |
|---|---|
| Reason for Change | Appointment of Mr. Avinash P V as Chief Financial Officer of the company with effect from 08.04.2026 |
| Date of Appointment | Appointment of Mr. Avinash P V as Chief Financial Officer of the company with effect from 08.04.2026. |
The company is formerly known as Newmalayalam Steel Private Limited.
NMSTEEL Stock Price Movement
Today, Newmalayalam Steel Limited shares edged higher to close at ₹22.5, finishing the session up 7.66%. The stock saw 6,400 shares traded during the day's proceedings.Source:
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