Quasar India Limited informed that the Board of Directors of the Company, in their meeting held on 14th December, 2023, approved appointment of Mr. Manojkumar Nanavati as Chief Financial Officer of the Company with effect from 14th December, 2023 and also approved resignation of Mr. Vijaykumar Patni as Chief Financial Officer of the Company with effect from 15th December, 2023. Mr. Manojkumar Nanavati is B.SC Physics along with MBA in Banking Finance. He has experience of 25 years in the field of Marketing and banking Finance.