The Board of Directors of the Remsons Industries Limited at its meeting held February 3, 2023, accepted resignation of Mr. Rahul Kejriwal, Whole Time Director & CFO of the Company stepping down from the post of Chief Financial Officer with effect from closing business hours of February 03, 2023; however he will continue as Whole Time Director of the Company Stepping down from the post of CFO. Appointed Mr. Debendra Panda as Chief Financial Officer of the Company pursuant to the provisions of Section 203 of the Companies Act, 2013 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, with effect from February 4, 2023. Mr. Debendra Panda is having 29 years of experience in the field of Accounts, Finance, Audit, Taxation, Costing, Statutory Compliances, Financial Planning, Budgetary Control, MIS and Reporting systems. He is a Graduate in Commerce with distinction from Sambalpur University, Odisha and a fellow member of The Institute of Cost Accountants of India.

Mr. Debendra Panda has worked in various reputed organizations like Imperial Auto, Caparo, Liberty House-UK, TEVA API, Minda, Donaldson, Amira Foods & TCIL in various fields which includes Finance, Taxation, Costing, FP&A, MIS, statutory & other compliances. His previous assignment was as a Group Financial Controller with Imperial Auto Ltd.