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NHC Foods Ltd has announced the appointment of Manoj Kumar Sharma as Chief Financial Officer, effective July 16, 2025. The move comes amid the company’s broader efforts to strengthen its financial governance and operational transparency following recent leadership transitions.
Leadership Update And Strategic Context
- Sharma replaces Archit Sudhir Wahale, who resigned in June citing personal commitments
- He brings over two decades of experience in finance and corporate strategy, having served as CFO and Director at The Hooghly Mills Co Ltd and other industrial firms
- His appointment was approved during the board meeting held on July 16, alongside the induction of Vijay Mukesh Thakkar as Company Secretary and Compliance Officer
Expected Impact And Priorities
- Sharma is expected to lead NHC’s financial restructuring, capital raising plans, and compliance upgrades
- The company recently approved a preferential allotment of 6.5 crore convertible warrants and increased its authorised share capital to Rs 100 crore
- His role will include overseeing investor relations, risk management, and aligning financial operations with SEBI regulations
Corporate Outlook
- NHC Foods, a two-star export house, is focused on expanding its footprint in agri-products and processed foods
- The leadership reshuffle signals a renewed push for operational efficiency and stakeholder confidence
- Analysts expect Sharma’s appointment to support upcoming fund-raising initiatives and improve financial disclosures
Sources: Rediff MoneyWiz, Economic Times, Moneycontrol, FileSure, BSE India.
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