EMA India: Appoints Shraddha Bhatt Dave as New CFO

EMA India Limited has announced the appointment of Mrs. Shraddha Bhatt Dave as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The appointment, effective October 30, 2026, follows the resignation of the previous CFO and a rigorous selection process. Mrs. Dave brings over 15 years of extensive experience in financial governance, accounting, and audit assurance across multinational environments.

Key Management Change at EMA India

EMA India Limited has officially appointed Mrs. Shraddha Bhatt Dave to the crucial role of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This appointment, effective from October 30, 2026, marks a significant leadership update for the company. The Board of Directors approved her appointment following recommendations from the Audit Committee and the Nomination and Remuneration Committee, aiming to fill the vacancy left by the previous CFO.

Experienced Financial Leadership

Mrs. Shraddha Bhatt Dave is a seasoned Chartered Accountant with a robust background spanning more than 15 years. Her expertise encompasses financial governance, accounting practices, audit assurance, and regulatory compliance within diverse multinational settings. She has a proven track record in strengthening internal control frameworks, identifying financial irregularities, and enhancing transparency in financial operations. Her experience also includes managing statutory audits, GST and tax compliance, and cross-border financial reporting under both Indian and US GAAP standards.

Resignation of Secretarial Auditor

In a separate development, the company also accepted the resignation of Mr. Awashesh Dixit as the Secretarial Auditor. Mr. Dixit, a Practicing Company Secretary, cited his inability to continue in the role in his resignation letter dated October 30, 2026. The Board acknowledged his resignation, and the relevant details are provided in the enclosed annexures.

Source: BSE

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