CFO Resignation Ushers Change: Diamond Power's Financial Compass Reset
Diamond Power and Infrastructure Ltd announced the immediate resignation of CFO Vinod Jain, citing 'unavoidable circumstances'. Samir Naik has been appointed Interim CFO. The company's financial results have been rescheduled to May 30, following Jain's departure.
- Country:
- India
Diamond Power and Infrastructure Ltd has released a statement announcing that its Chief Financial Officer, Vinod Jain, has resigned with immediate effect. This development precedes the company's anticipated financial results.
In response, the board has named Samir Naik, the current General Manager - Corporate Finance, as Interim CFO effective May 28, 2025. This decision follows recommendations from the Audit Committee and Nomination and Remuneration Committee until a permanent replacement is appointed.
The company has also postponed the announcement of its audited financial results for the quarter and fiscal year ending March 31, 2025, rescheduling it to May 30, due to the change in leadership.
(With inputs from agencies.)
Advertisement
ALSO READ
Apex Ecotech Limited: Water Sustainability Pioneer Reports Robust FY25 Financial Results
Nisus Finance Unveils Strong FY25 Financial Results and Strategic GCC Expansion
Krishca Strapping Solutions Unveils Strong Financial Results and Strategic Wins
Uravi T & Wedge Lamps Limited: Strong FY25 Financial Results Showcase Growth and Strategic Expansion
Google News