The Board of Directors of Grindwell Norton Limited at its meeting held on October 19, 2023 taken on record the retirement of Mr. Deepak Chindarkar with effect from December 31, 2023. Based on the recommendation of Nomination and Remuneration Committee and approval of the Audit Committee. The Board of Directors at its meeting held on October 19, 2023, appointed Mr. Hari Singudasu as Chief Financial Officer of the Company, effective from January 1, 2024, consequent to the retirement of Mr. Deepak Chindarkar with effect from December 31, 2023.

Mr. Hari Singudasu is associated with the Company with more than two decades. He started his career in the Company as Plant Finance Controller- Mora and had a highly successful stint in various business segments within Abrasives including Head of Abrasives Business. He holds a professional degree from Institute of Cost and Works Accountant of India and also holds Post Graduate Diploma in Management from Institute of Rural Management, Anand.

His professional qualification and extensive business acumen will immensely benefit the Company. His tenure will last until his resignation or until he reaches the retirement age, whichever is earlier.