Retina Paints Limited Appoints Manthri Bharat Kumar as New CFO

Retina Paints Limited has announced a significant change in its leadership team with the appointment of Shri Manthri Bharat Kumar as the company's new Chief Financial Officer (CFO). The appointment, which took immediate effect, was approved by the Board of Directors on October 16, 2025, following recommendations from the Nomination and Remuneration Committee and Audit Committee.

Kumar's Professional Background

Manthri Bharat Kumar brings a wealth of experience to his new role at Retina Paints Limited. His credentials and experience include:

Qualification	Experience	Expertise
Chartered Accountant	Over 10 years post-qualification	Financial reporting (Ind AS and IGAAP)
Cost and Management Accountant		Mergers and demergers
		Consolidated financial statements
		Finance and accounting
		Audit
		Corporate restructuring

Industry Experience

Kumar's diverse industry experience spans several sectors, including:

Education
Manufacturing
Software
Real estate
Retail
Hospitality

Previous Positions

Prior to joining Retina Paints Limited, Kumar held notable positions in the financial sector:

Senior Manager (Financial Reporting) at Varsity Education Management Private Limited
Manager (Audit & Assurance) at Guru & Jana Chartered Accountants

The appointment of Manthri Bharat Kumar as CFO is expected to bring valuable financial expertise to Retina Paints Limited. His extensive experience across various industries and his proficiency in financial reporting, auditing, and corporate restructuring position him well to contribute to the company's financial strategies and growth objectives.

This strategic move by Retina Paints Limited underscores the company's commitment to strengthening its financial leadership and governance. As the new CFO, Kumar will likely play a crucial role in shaping the company's financial policies, ensuring compliance with regulatory requirements, and driving financial performance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.07%	-7.33%	-7.78%	+10.02%	-10.55%	+119.67%

Retina Paints Limited , a prominent player in the paint industry, has announced a significant change in its top management. Vishnu Vardhan Yadav Suda, the company's Chief Financial Officer (CFO), has tendered his resignation, citing his decision to pursue an alternate career opportunity outside the organization.

Resignation Details

The company disclosed this key managerial personnel change through an official intimation to the stock exchange. Here are the key details of the resignation:

Aspect	Details
Resigning Officer	Vishnu Vardhan Yadav Suda
Position	Chief Financial Officer (CFO)
Resignation Date	October 13, 2025
Last Working Day	October 15, 2025 (Close of business hours)
Reason for Departure	Pursuit of an alternate career opportunity

Company's Response

Retina Paints Limited has acted in compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company's Company Secretary and Compliance Officer, Madhu Solanki, submitted the formal intimation to the BSE Limited.

Impact and Next Steps

The departure of a CFO can be a significant event for any company. As Retina Paints Limited navigates this transition, investors and stakeholders will likely be keen to observe:

The company's plans for appointing a successor
Any potential impact on the company's financial strategy
Continuity in financial operations during the transition period

The Board of Directors will be responsible for ensuring a smooth transition and maintaining the company's financial stability during this period of change.

Retina Paints Limited has not yet announced a replacement for the outgoing CFO. The company is expected to initiate the process of identifying and appointing a suitable candidate to fill this crucial role in the near future.