VB Industries Announces CFO Transition With New Appointment

VB Industries Ltd has announced a key leadership transition in its finance department. Jagdish Prasad Purohit has been appointed as the new CFO, succeeding Jagannath Pandit, who has stepped down from the role.

Appointment Of New CFO
The company confirmed that Jagdish Prasad Purohit will take charge as CFO with immediate effect. His appointment is expected to strengthen financial oversight and support VB Industries’ growth plans. Purohit brings extensive experience in corporate finance and strategic planning, which will be crucial for the company’s next phase of expansion.

Resignation Of Outgoing CFO
Jagannath Pandit, who served as CFO, has resigned from his position citing personal reasons. During his tenure, Pandit contributed to strengthening VB Industries’ financial reporting and compliance framework. The company expressed gratitude for his service and leadership.

Strategic Outlook
The transition comes at a time when VB Industries is focusing on operational efficiency and long-term growth. The new CFO is expected to play a pivotal role in enhancing financial discipline, investor confidence, and strategic decision-making.

Key Highlights

• VB Industries appoints Jagdish Prasad Purohit as CFO
• Outgoing CFO Jagannath Pandit resigns from position
• Leadership change ensures continuity in financial governance
• New CFO to drive growth and strategic planning
• Company acknowledges Pandit’s contributions during tenure

Sources: Company Release, Business Standard, Economic Times