SV Global Mill Limited , a company listed on the Bombay Stock Exchange (BSE: 535621), has announced a significant change in its leadership team. The company has appointed Sri. B. Parameswar as its new Chief Financial Officer (CFO), effective November 3, 2025.

Key Appointment Details

Appointment Process

The appointment of Sri. B. Parameswar was not a hasty decision. The company's Nomination and Remuneration Committee (NRC) recommended his appointment at their meeting held on October 23, 2025. This recommendation was subsequently approved by the company's board, as announced by E. Shanmugam, the Chairman and Managing Director of SV Global Mill Limited.

Professional Background

Sri. B. Parameswar brings a wealth of experience to his new role. As a Chartered Accountant with over three decades of experience in finance and related functions, he is well-equipped to handle the financial responsibilities of SV Global Mill Limited. His previous stint with Bharat Heavy Electricals Limited, a renowned public sector undertaking, adds significant value to his profile.

Regulatory Compliance

In line with regulatory requirements, SV Global Mill Limited has duly informed the BSE about this appointment. The company has complied with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency in its corporate actions.

Additional Corporate Updates

In the same board meeting, the company also approved the unaudited financial results (both standalone and consolidated) for the quarter and half-year ended September 30, 2025. These results, along with the Limited Review Reports, have been prepared in accordance with regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

The appointment of Sri. B. Parameswar as CFO marks a significant step for SV Global Mill Limited. His extensive experience and expertise are expected to contribute to the company's financial strategy and operations in the coming years.

SV Global Mill Limited, a company listed on the Bombay Stock Exchange (BSE: 535621), has announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel, T. V. Raghuram. The departure, attributed to personal reasons, is set to take effect from the close of business hours on September 24, 2025.

Resignation Details

In compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, SV Global Mill Limited has formally notified the BSE of this significant change in its leadership.

Company's Statement

P.S. Ravishankar, the Compliance Officer for SV Global Mill Limited, confirmed the resignation in an official communication to the BSE. The company stated, "Sri. T. V. Raghuram, Chief Financial Officer (CFO) and Key Managerial Personnel of the Company has tendered his resignation effective from close of business hours on 24th September, 2025, due to personal reasons."

Regulatory Compliance

As part of its regulatory obligations, SV Global Mill Limited has provided additional details in accordance with SEBI guidelines. These include:

• Date of cessation: Close of business hours on September 24, 2025
• Reason for change: Resignation
• Name of the departing officer: T. V. Raghuram
• Position: Chief Financial Officer (CFO) and Key Managerial Personnel

Impact and Next Steps

The departure of a key executive like the CFO can have significant implications for a company's financial strategy and operations. SV Global Mill Limited has not yet announced any plans for Raghuram's replacement or interim arrangements for the CFO position.

Investors and stakeholders will likely be watching closely to see how the company manages this transition in its financial leadership. The impact of this change on SV Global Mill's financial operations and reporting processes remains to be seen.