Garware Hi-Tech Films Appoints Prashant L. Pai as Interim CFO
Garware Hi-Tech Films Limited appointed Mr. Prashant L. Pai as Interim CFO. He has over 30 years of experience in accounting and finance and will hold the position until a new CFO is appointed.
The appointment of a Key Managerial Personnel like a CFO can have a medium-term impact on the company's financial operations and strategic direction, even if it's an interim role.
The appointment of an interim CFO is a routine management change and does not inherently suggest positive or negative financial implications for the company.
Garware Hi-Tech Films Limited has announced the appointment of Mr. Prashant L. Pai as the Interim Chief Financial Officer (CFO) of the company. This decision was approved by the Board of Directors during their meeting held on Thursday, August 06, 2026, based on the recommendation of the Nomination and Remuneration Committee.
Mr. Pai will serve as the Interim CFO until a new CFO is appointed by the Board. He holds a Master’s degree and possesses over three decades of extensive experience in Accounting and Finance. His association with GHFL and its group companies began at the start of his career. His responsibilities have included the finalization of accounts, statutory compliance, audit coordination, cash flow management, budgeting, and ensuring adherence to applicable laws and regulations.
A seasoned finance professional, Mr. Pai has strong expertise in both legacy accounting systems and SAP ERP implementation and management. The company has confirmed that there are no relationships between Mr. Pai and any directors of the company.
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Garware Hi-Tech Films Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Garware Hi-Tech Films Limited. Read the original for the full detail.