Graphite India Limited announced that S W Parnerkar Chief Financial officer is due retire from the services of the company on June 30, 2022. The Board of Directors of the Company in the meeting held on May 23, 2022 on the recommendations of the Nomination and Remuneration Committee and the Audit Committee approved appointment Mr. M K Chhajer as the Chief Financial Officer & Key Managerial Personnel of the Company from July 1, 2022. S W Parnerkar is a qualified Cost Accountant (merit holder) from The Institute of Cost Accountants of India.

He is presently the Executive Vice President- Finance operating from the registered office in Kolkata under Mr. S W Parnerkar and has been with the Company for over 30 years. Mr. Chhajer has in depth knowledge and experience of the Accounts and Finance functions, fund raising activities, mergers and acquisition, overseas operations and the investment portfolio of the company. Presently, he also handles the Investor Relations function.

He is fully involved in the business affairs of the Company.