Mamata Machinery has announced a planned transition in its executive leadership, appointing Rajashekar Venkat as the new Chief Executive Officer effective 01 October 2026. Venkat, currently the President of the company, will succeed Apurva Kane, who is retiring from the position after more than 41 years. The company stated that Kane will continue his association in a mentorship role to ensure a smooth transition of leadership.

The Board of Directors expressed its gratitude to Kane for his contributions and leadership during his tenure, noting that he spearheaded several important projects and led the management effectively. Kane has been associated with the company for over four decades.

Rajashekar Venkat has served as President since May 2025. He brings over 28 years of extensive experience in capital equipment companies, having held leadership roles at Kennametal, Markem-Imaje, Mettler Toledo, and Domino Printing. In his new role, he will lead the company's operations and strategic priorities, including its Packaging and RecTech initiatives.

Leadership Profiles

Commenting on the transition, Apurva Kane highlighted the value created for stakeholders and the brand's global presence. Rajashekar Venkat acknowledged the company's strong global legacy and expressed enthusiasm for building on its foundation across its businesses.

Mamata Machinery Ltd has closed its trading window for all insiders, designated persons, and their immediate relatives effective July 1, 2026. The restriction will remain in force until 48 hours after the announcement of the company's financial results for the quarter ended June 30, 2026. This move is intended to prevent insider trading and ensure market integrity during the period leading up to the results declaration.

The closure follows the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company has advised all affected individuals to refrain from trading in its securities during this period. The trading window is a standard mechanism used by listed companies to restrict transactions by insiders when they are likely to possess unpublished price-sensitive information (UPSI).

Key Details of the Closure

The intimation was submitted to both BSE Limited and the National Stock Exchange of India Limited. Madhuri K Sharma, Company Secretary & Compliance Officer of Mamata Machinery Ltd, signed the disclosure on June 20, 2026.