Stove Kraft Limited Appoints Subhadeep Pal as VP-Finance
Stove Kraft Limited announced the appointment of Mr. Subhadeep Pal as Vice President-Finance (VP-Finance), effective immediately. The Board of Directors approved this appointment following a resolution passed by circulation on April 8, 2026, based on the recommendation of the Nomination and Remuneration Committee.Mr. Pal, a qualified Chartered Accountant (ICAI) who holds a B.Com (Hons.) from Patna University, brings over 23 years of experience in Finance Leadership to the role. His expertise spans Corporate Finance, Controllership, Internal Audit, Treasury, FP&A, and Business Partnering across various sectors, including Pharma, FMCG, Foods, and Energy.
The company noted Mr. Pal's strong capabilities in P&L management, financial planning and forecasting, internal controls, risk management, treasury operations, and strategic initiatives such as M&A and business transformation. He has a proven record of driving process improvements and strengthening governance through financial insight.
Prior to joining Stove Kraft, Mr. Pal was associated with Synokem Pharmaceuticals Limited, Sanofi India Limited, and Nestlé India Limited. At these previous roles, he contributed significantly to finance transformation, internal control frameworks, manufacturing finance, strategic decision making, and Finance capability building to enable sustainable value creation.
For a detailed overview of the appointment, the following table summarizes the key details:
| S. No | Particulars | Details |
|---|---|---|
| 1 | Reason for Change viz appointment, resignation, removal, death or otherwise | Appointment as VP-Finance. |
| 2 | Date of appointment/cessation (as applicable) & term of appointment | 08 April 2026 (Appointment) |
| 3 | Brief Profile | Mr. Subhadeep Pal, is a qualified Chartered Accountant (ICAI) and holds a B.Com (Hons.) from Patna University. Mr. Pal brings with him over 23 years of rich experience in Finance Leadership, with expertise across Corporate Finance, Controllership, Internal Audit, Treasury, FP&A, and Business Partnering across industries such as Pharma, FMCG, Foods, and Energy sectors. He has demonstrated strong capabilities in P&L management, financial planning & forecasting, internal controls, risk management, treasury operations, and strategic initiatives including M&A and business transformation. He is also recognized for driving process improvements, strengthening governance frameworks, and enabling business growth through financial insight. Prior to joining Stove Kraft, Mr. Pal worked in companies namely Synokem Pharmaceuticals Limited, Sanofi India Limited and Nestlé India Limited where he contributed significantly to finance transformation, internal control frameworks, manufacturing finance, strategic decision making and Finance capability building to enable sustainable value creation. |
| 4 | Disclosure of Relationship between directors (in case of appointment of a Director) | NA |
STOVEKRAFT Stock Price Movement
Shares of Stove Kraft Limited are edging higher to ₹520 as of 11:19 AM, rallying 6.95% on the day. Activity remains high, with 254,710 shares recorded in the trading volume.Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.