Captain Pipes Limited announced that Mr. CHANDRAKANT J GADHIYA, Chief Financial Officer of the Company has tendered his resignation vide the Letter of Resignation dated October 27, 2023 and the Board of Directors of the Company noted the same. Consequently, Mr. CHANDRAKANT J GADHIYA will cease to be Chief Financial Officer of the Company and will be relieved from the services of the Company with effect from close of business hours on October 27, 2023. The Board of Directors of the Company based on the recommendation of the Nomination and Remuneration Committee of the Board and as approved by the Audit Committee of the Board has appointed Mr. JAYDEEP K. PANSURIYA as Chief Financial Officer of the Company with effect from November 1, 2023.

Mr. JAYDEEP K. PANSURIYA is a MBA in FINANCE, having experience of over 6 years in corporate finance, business planning, fundraising and project management in group company.