Gopal Snacks saw a 2.71% increase in its stock price, rising to Rs 265, following the announcement of Rigan Hasmukhrai Raithatha’s appointment as the company’s new Chief Financial Officer (CFO), effective March 17, 2025. The decision was made by the board of directors, based on recommendations from the nomination and remuneration committee.
Raithatha brings a wealth of experience in accounting and finance, having worked with major organizations like CG Power and Industrial Solutions, Adani Group, Nayara Energy, and Reliance Industries. He holds a Bachelor’s degree in Commerce from M.P. Shah Commerce College in Jamnagar, Gujarat, and is a member of the Institute of Chartered Accountants of India.
His extensive background in finance will be instrumental in steering Gopal Snacks’ financial strategies and operations moving forward. Investors and stakeholders are optimistic that Raithatha’s leadership will strengthen the company’s financial position and drive further growth.
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