Solitaire Machine Tools Limited at its board held on August 10, 2023, approved the resignation of Mr. Hemandra Badani as the Chief Financial Officer (KMP) of the Company with effect from 31st August, 2023 on account of his movement within the Company due to internal reorganisation. Appointment of Mr. Ashok J Sheth as the Chief Financial Officer (KMP) of the Company with effect from 31st August, 2023 on account of his movement within the Company due to internal reorganisation. Mr. Ashok J. Sheth has completed his B.S. (Mechanical Engineering) from University of Oklahoma, USA.

He has an experience of 53 years in the field of machine tools. He took charge as the Chairman and Managing Director of Solitaire Machine Tools Ltd. in the year 2010. He has been actively looking after entire Financial Department and its aspects during his period as Managing Director.