Indo SMC Appoints New CFO As Neel Shah Resigns

Board appointed founder-promoter Chaitanya Patel as Executive Director for 3 years, subject to member approval; CFO Neel Shah resigned effective 4 September 2026 and Anand Saraogi was appointed CFO. Same-day CFO transition preserves continuity, while the Executive Director appointment formalizes a founder's plant and production role. CFO resignation cited inability to devote sufficient time; no further reason, remuneration details or transition risks were disclosed.