The Board of Directors of the Ashok Alco-Chem Limited on recommendation of the Nomination and Remuneration Committee and Audit Committee, at its meeting held on August 14, 2018, appointed Mr. Vaize Ahmed Kampli as Chief Financial Officer of the company effective from August 14, 2018, who was earlier designated as Key Managerial Personnel by Board of Directors effective from February 12,2018. He has over a decade plus of experience in Accounts & Finance spread across the industries like Mining, Trading and Manufacturing in India and abroad. With his multinational exposure and the financial acumen, the fund management of company has become more effective. With his sound financial knowledge he has become the productive source of fetching the finances to the company's working capital.