Himatsingka Seide Limited informed that the Board of Directors at their meeting held on August 10, 2023, upon recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee, have approved the appointment of Mr. M. Sankaranarayanan as President Finance and Group Chief Financial Officer ("CFO") of the Company w.e.f. August 17, 2023. M. Sankaranarayanan is a Fellow Member of the Institute of Chartered Accountants of India. He is also a Qualified Company Secretary.

He completed his Post Qualification course on Information System Audit (ISA) from the Institute of Chartered Accountants of India. He holds a Bachelor degree in Chemistry from University of Madras. He is a seasoned Finance & Accounts professional with more than two decades of experience in diversified industries including Infrastructure, Steel, Power and Hospitality.

He has worked in different functions like accounts, finance, taxation, secretarial, information systems, compliances, audit, budgeting and has expertise in Equity/debt funding for Projects/working capital, M&As, International Accounting, IPO and QIP and related areas.