Sagar Diamonds Limited announced that Mr. Vaibhav Dipak Shah, Chief Financial Officer (CFO) of the company has resigned from the position of CFO of the Company with effect from 10 January, 2023 for better corporate governance. Further based on the recommendations of Nomination & Remuneration Committee of Board, the company announced that Mr. Chirag Lalit Dave has been appointed as Chief Financial Officer (CFO) of the Company with effect from January 10, 2023. Mr. Chirag Lalit Dave, aged 30 years is a Commerce graduate from Mumbai University and a semi-qualified chartered accountant.

He has more than 6 years of experience in the field of accounting, finance and taxation.