Elcid’s Financial Playbook Gets a New Author—Meet CFO Shraddha Manjrekar

Elcid Investments Ltd has announced the appointment of Ms. Shraddha Manjrekar as its new Chief Financial Officer (CFO), effective June 19, 2025. The move marks a significant leadership update as the company strengthens its financial governance and strategic oversight.

 

Key Highlights:

 

- Leadership Transition: Ms. Manjrekar steps into the CFO role with a mandate to enhance financial transparency, compliance, and capital efficiency.

- Board Approval: The appointment was approved by the Board of Directors and disclosed in accordance with SEBI’s Listing Obligations and Disclosure Requirements (LODR).

- Professional Background: While detailed credentials were not disclosed in the filing, the company emphasized her extensive experience in financial management and regulatory reporting.

- Strategic Timing: The leadership change comes as Elcid Investments continues to navigate evolving market dynamics and seeks to optimize its investment portfolio.

- Corporate Governance: The appointment aligns with Elcid’s focus on strengthening internal controls and aligning financial leadership with long-term shareholder interests.

 

Outlook:

 

With Ms. Manjrekar at the financial helm, Elcid Investments is expected to bolster its fiscal discipline and reporting standards, potentially paving the way for more agile capital deployment and investor engagement. Stakeholders will be watching closely as she brings her expertise to the company’s evolving financial strategy.

 

Source: BSE India, Rediff MoneyWiz, Elcid Investments Exchange Filings