Image Source : Yahoo Finance
Covidh Technologies Ltd has announced a key leadership change with the appointment of Vishal Vinod Jain as Chief Financial Officer, signaling a renewed focus on financial discipline and strategic growth.
Key highlights:
- The appointment was approved during the board meeting held on May 30, 2025, as part of a broader management overhaul.
- Jain brings extensive experience in financial restructuring and compliance, aligning with Covidh’s post-resolution roadmap under SEBI and NCLT oversight.
Management restructuring:
- Alongside Jain, the company inducted two new independent directors: Joshi Apurva Pradeep and Mangina Srinivas Rao.
- Anuj Gupta & Associates was appointed as Secretarial Auditor, while Hema Kumari will serve as internal auditor for FY 2025–26.
Strategic context:
- The changes follow Covidh’s recent emergence from insolvency proceedings and signal a pivot toward operational stability and governance enhancement.
- Stakeholders view the appointments as a step toward restoring investor confidence and regulatory alignment.
Sources: Business Standard, Trendlyne, Economic Times Markets, Covidh Technologies Ltd Regulatory Filings
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