Nilachal Refractories CFO Dukhabandhu Prusty Resigns After Brief Tenure

Nilachal Refractories Ltd. has announced the resignation of Mr. Dukhabandhu Prusty from the position of Chief Financial Officer (CFO), according to a regulatory filing under SEBI’s LODR Regulation 30. His resignation is effective from March 20, 2025, marking the end of a brief tenure that began in February 2024.

 

The firm has not issued the cause of Mr. Prusty's exit, nor announced his replacement. His exit comes after a series of leadership shifts at Nilachal Refractories, including shifts in the company secretary and board members, which took place recently.

 

Nilachal Refractories, the top industrial consumables and refractory materials company, has been experiencing operational challenges and strategic rearrangements in the last few quarters. Shareholders and investors will observe the new CFO's appointment in the company with a keen eye. 

 

Sources: MarketScreener, Economic Times, The Company Check