+
Midwest Gold Board Approves Key Management Changes
ECONOMY & POLICY

Midwest Gold Board Approves Key Management Changes

The Board of Directors of Midwest Gold Limited has approved a series of significant changes in its leadership structure during its board meeting held today. 
As part of the decisions taken: 

1. Somasekhar Reddy Bhimavarapu has been appointed as an Additional Director (Non-Executive & Independent), effective April 10, 2025. His appointment is for a term of five consecutive years, ending April 9, 2030, and is subject to shareholder approval within three months. 

Reddy is a retired Indian Forest Service (IFS) officer with over 35 years of experience in forest management, environmental governance, and public policy. He has previously served as the Principal Chief Conservator of Forests and Head of Forest Force under the Government of India. An M.Sc. in Zoology from Andhra University and an MBA in Technology Management from Osmania University, Reddy continues to contribute to environmental and biodiversity initiatives post-retirement. 

2. Srinivasappa Anand Reddy has resigned from his role as Chief Financial Officer and Key Managerial Personnel, with his resignation becoming effective at the close of business hours on April 10, 2025. The company has acknowledged his resignation letter and expressed gratitude for his contributions. 

3. Palepu Venkatachala Ramakrishna has been appointed as the new Chief Financial Officer and Key Managerial Personnel, effective April 11, 2025. 

The board meeting commenced at 3:00 PM and concluded at 4:30 PM. The company has confirmed that the necessary disclosures have been made in accordance with Regulation 30 of the SEBI Listing Regulations and the relevant SEBI circulars. 

These changes mark a strategic realignment at Midwest Gold as it looks to strengthen governance and financial leadership. 

(BSE)

The Board of Directors of Midwest Gold Limited has approved a series of significant changes in its leadership structure during its board meeting held today. As part of the decisions taken: 1. Somasekhar Reddy Bhimavarapu has been appointed as an Additional Director (Non-Executive & Independent), effective April 10, 2025. His appointment is for a term of five consecutive years, ending April 9, 2030, and is subject to shareholder approval within three months. Reddy is a retired Indian Forest Service (IFS) officer with over 35 years of experience in forest management, environmental governance, and public policy. He has previously served as the Principal Chief Conservator of Forests and Head of Forest Force under the Government of India. An M.Sc. in Zoology from Andhra University and an MBA in Technology Management from Osmania University, Reddy continues to contribute to environmental and biodiversity initiatives post-retirement. 2. Srinivasappa Anand Reddy has resigned from his role as Chief Financial Officer and Key Managerial Personnel, with his resignation becoming effective at the close of business hours on April 10, 2025. The company has acknowledged his resignation letter and expressed gratitude for his contributions. 3. Palepu Venkatachala Ramakrishna has been appointed as the new Chief Financial Officer and Key Managerial Personnel, effective April 11, 2025. The board meeting commenced at 3:00 PM and concluded at 4:30 PM. The company has confirmed that the necessary disclosures have been made in accordance with Regulation 30 of the SEBI Listing Regulations and the relevant SEBI circulars. These changes mark a strategic realignment at Midwest Gold as it looks to strengthen governance and financial leadership. (BSE)

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code