Savera Industries Limited announced that present Chief Financial Officer Mr. D.V.M. Sambasiva Rao will be retiring on July 31, 2019. In his place, the Board of Directors of company at its meeting held on 29th May, 2019 approved appointment of Mr. CH. Mahesh Kumar as the Chief Financial Officer with effect from August 1, 2019 by promotion from the existing position of Accounts Officer.