Ramesh Gopal Trasi Resigns as CFO of RIR Power Electronics; Retains CTO Role
RIR Power Electronics Ltd has announced that Mr. Ramesh Gopal Trasi has resigned from his position as Chief Financial Officer (CFO). The resignation, which is effective from June 2, 2026, was tendered due to pre-occupation with other roles and responsibilities.In a statement regarding the change in leadership, Mr. Trasi confirmed that he remains willing to continue serving the company as Chief Technology Officer (CTO). He expressed gratitude to the Company and the Board of Directors for their support during his tenure at RIR Power Electronics Ltd.
The CFO’s resignation is attributed solely to pre-occupation with other roles and responsibilities. As reported, Mr. Trasi holds no shareholding in the company.
Key details regarding the change include:
| Particulars | Details |
|---|---|
| Executive | Ramesh Gopal Trasi |
| Position Resigned From | Chief Financial Officer (CFO) |
| Effective Date of Cessation | June 2, 2026 |
| Reason for Change | Pre-occupation with other roles and responsibilities |
| Shareholding in Company | NIL |
Stock Price Movement
RIR Power Electronics Ltd is sliding lower as of 14:04, with shares currently at ₹171.00, reflecting a loss of 1.16%. The stock has seen noticeable intraday volatility, trading between an established low of ₹168.95 and a high marked at ₹174.80.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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