The Board of Pan Electronics (India) Limited announced resignation of Mr. Nilesh Deshpande as Chief Financial Officer (CFO)/Key Managerial Personnel (KMP) of the Company effective from closing of business hours from May 31, 2023 and approved to appoint Mr. Arun Kumar Sahu as Chief Financial Officer (CFO)/Key Managerial Personnel (KMP) of the Company effective from June 01, 2023.