Vivid Electromech Appoints Varun Mishra as CFO and Pranjul Gupta as Company Secretary to Boost Leadership

Vivid Electromech Appoints Varun Mishra as CFO and Pranjul Gupta as Company Secretary to Boost Leadership​

Mumbai, July 29, 2026 - Vivid Electromech Limited, a key player in power supply, traction, and electro-mechanical systems, has completed significant leadership appointments aimed at strengthening its finance, compliance, and corporate governance functions. The company announced the appointment of Mr. Varun Mishra as Chief Financial Officer (CFO) and Mr. Pranjul Gupta as Company Secretary & Compliance Officer, effective August 26, 2026, and August 21, 2026, respectively.

The appointments are part of a planned succession and management strengthening process following the Board of Directors meeting held on July 27, 2026. Both incoming executives have been onboarded in advance to ensure comprehensive knowledge transfer and operational continuity before formally taking up their statutory duties.

Strengthening Financial Leadership with CFO Appointment​

Mr. Varun Mishra has been appointed as Chief Financial Officer (CFO), effective August 26, 2026. He will assume the role following the resignation of Mr. Pramod Gulabrao Beloshe from the position, effective August 25, 2026.

The company views this appointment as part of an initiative to reinforce its finance leadership in line with expanding operations and future growth plans. Mr. Mishra brings over 15 years of experience across banking, treasury management, fundraising, financial planning, strategic finance, taxation, and corporate governance. His role is expected to enhance the Company’s capital allocation framework, investor engagement, and overall financial planning capabilities as it advances towards its next stage of expansion.

Mr. Beloshe will continue supporting the finance function during this transition, focusing on budgeting, reporting, internal controls, and other key operational matters to preserve institutional knowledge for the finance team.

Appointment of Company Secretary & Compliance Officer​

Mr. Pranjul Gupta has been appointed as Company Secretary and Compliance Officer with effect from August 21, 2026. This role follows the resignation of Ms. Chaitali Shah due to pre-occupation, effective August 20, 2026.

Mr. Gupta is an Associate Member of the Institute of Company Secretaries of India and has experience in regulatory matters. His prior involvement with Vivid Electromech Limited ensures a seamless transition across secretarial and regulatory responsibilities. The company expects this appointment to further strengthen its governance, disclosure, and compliance framework as it progresses toward future growth.

A Seamless Leadership Transition​

The Board emphasized that these appointments are strategically planned to ensure an orderly handover in both the finance and compliance departments, preventing any leadership or operational gaps.

The combination of experienced professionals joining the existing team is intended to achieve several objectives:

• Strengthen financial and strategic planning capabilities.
• Enhance investor relations and capital-market communication.
• Reinforce regulatory and stock exchange compliance.
• Improve governance, disclosure, and internal control processes.
• Support the Company's long-term expansion objectives.

About Vivid Electromech Limited​

Vivid Electromech Limited (NSE: VIVIDEL) is an ISO 9001:2015 certified manufacturer of Low Voltage (LV) and Medium Voltage (MV) electrical panels and automation systems. The company specializes in the design, manufacturing, testing, and commissioning of advanced electrical distribution and automation solutions for sectors such as Data Centres, Industrial Manufacturing, Renewable Energy, Metro & Rail, Infrastructure, and Utilities.

Vivid Electromech’s product portfolio includes PCC Panels, MCC Panels, Skids Solutions, Intelligent MCC Panels, DG Synchronizing Panels, VFD Panels, APFC Panels, PLC Automation Systems, Power Distribution Units (PDUs), 11kV/33kV VCB Panels, RMU Panels, Control & Relay Panels (CRP), MV APFC Panels, and Vacuum Contactor Panels. The company partners with global OEMs including ABB, Siemens, Hitachi, and Lauritz Knudsen. Established in 1990, Vivid Electromech operates manufacturing facilities in Navi Mumbai and Pune, with a state-of-the-art automated facility expected to commence commercial operations by the end of August 2026.

VIVIDEL Stock Price Movement​

As of 9:29 AM, shares of Vivid Electromech Limited are shedding value in live trading, currently slipping 5.00% to trade at ₹1191.30. The stock is being actively traded on a volume of 1,920 shares.