Mitshi India disclosed to the exchanges on December 21 that it has accepted the resignation of Rinku Niket Patel from the role of Chief Financial Officer within the organization. Accompanying the announcement was Patel’s resignation letter, penned on school notebook paper, as part of the company’s official statement.
The resignation, effective from December 20, 2023, was attributed to personal reasons, the company noted. In its statement, Mitshi India stated that it is in search of a new CFO. The company noted that upon the fulfillment of the CFO position, the stock exchanges will be duly informed.
Mitshi India Limited, formerly known as Dera Paints and Chemicals Ltd, traces its inception back to 1976 and was formally incorporated in July 1990. The company underwent an IPO in 1992 and has maintained a listing on the BSE for 28 years, according to its corporate website.
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