Satchmo Holdings Limited announced that Mr. Ramesh Karur Raghavendran is appointment as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect 16th April 2024 upon recommendation of the Nomination and Remuneration Committee of the Company and approved by the Board in its meeting held on 16th April, 2024. Terms - Additional Director (Executive Whole-time) subject to regularisation by the shareholders of the Company at the up coming Annual General Meeting of the Company or within 3 months (whichever is earlier). Liable to retire by rotation.

Mr. Ramesh Karur Raghavendran holds a Bachelor degree in Commerce and is a Fellow member of Institute of Chartered Accountants of India and a Fellow Member of Institute of Cost and Works Accountants of India, presently ICMAI. Mr. Ramesh Karur Raghavendran has nearly 32 years of post- qualification experience in various fields and has worked as Chief Financial Officer and Executive Director for 11 years in a multi-national manufacturing construction Company and 3 years at a Service Industry Company. He has also worked for Ernst & Young including 11 years in audit assignments in their Middle East and Bangalore Offices.

During his tenure he has handled a wide range of clients of manufacturing, trading, Banking and Insurance sectors.