MT Educare Limited announced that at the board meeting held on November 7, 2022, accepted the resignation by Mr. Siddhartha Haldar from the post of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company and pursuant to his resignation, Mr. Siddhartha Haldar, ceased to be CFO and KMP of the Company with effect from Close of Business hours of November 7, 2022. Mr. Nirav Parekh has been appointed as Chief Financial Officer and Key Managerial Personnel of the Company with effect from November 08, 2022. Mr. Nirav Parekh is a qualified Chartered Accountant and member of ICAI, having 11 years of versatile professional experience in Corporate Industry.

His recent role was Director Finance at The Good Glamm Group. Before that he has worked with Unilever, Abbott, Reliance Jio, Raymond Consumer Care and Sahajanand Medical Technology. He has also cleared Company Secretary exams. He brings in expertise in Global FP&A, Finance Business Partnering, Commercial Finance, Corporate reporting, Accounts, Audit, Tax, Compliance, Consolidation, Mergers and Acquisitions, Risk Assessment Analysis, Setting up of robost Finance team, Implementation of SAP, DMS, Control, Processes & Policies.