Nitco Limited announced key management changes following its Board of Directors meeting held on Wednesday, January 14, 2026. The Board approved the appointment of Mr. Bikash Jain as the Chief Financial Officer (CFO) and designated him as Key Managerial Personnel (KMP) of the Company, effective Friday, January 16, 2026. Mr. Jain is a Chartered Accountant with over 20 years of experience, including a decade as CFO or Head of Finance in multinational corporations such as GSK, Colgate-Palmolive, Coca-Cola, and Hero Cycles Limited. His profile highlights experience in driving profitable growth, improving cash flow, strategic resource allocation, and leading large-scale restructuring and merger integrations. Additionally, Mrs. Rupali Swami Kambli has been appointed as the Company Secretary and Compliance Officer, also designated as KMP, effective Friday, January 16, 2026. Mrs. Kambli is a Company Secretary, a Chartered Secretary, and a law graduate, bringing over 11 years of experience in corporate governance, regulatory compliance, legal advisory, risk management, and shareholder relations. The Board also accepted the resignation of Mrs. Geeta Shah from the positions of Company Secretary and Compliance Officer, effective from the closure of business hours on Wednesday, January 14, 2026. Mrs. Shah's resignation is due to her relocation outside India, and she will continue with the company as an employee until February 28, 2026, to ensure a smooth transition. The meeting of the Board of Directors commenced at 3:35 PM IST and concluded at 4:50 PM IST.
