Shakti Pumps (India) Limited at its board meeting held on March 20, 2019, has accepted the resignation tendered by Mr. Akhilesh Maru from the designation of Chief Finance Officer (CFO) of the Company. The Board has appointed Mr. Dinesh Patel as Chief Financial Officer of the Company. The Board has accepted the resignation as tendered by Mr. S.S. Raghuvanshi, from the designation of Independent Director.

The Board has reconstituted the Audit Committee with following compositions: Mrs. Nishtha Neema- Chairperson; Mr. Navin S. Patwa - Member; Mr. Dinesh Patidar-Member. The Board has reconstituted the Stakeholder relationship Committee with following compositions: Mr. Navin S Patwa- Chairman; Mr.Pramod Kumar Bhavsar- Member; Mr. Dinesh Patel-Member. Mr. DineshPatel also qualified the Professional Progranune examination of The Institute of Company Secretaries of India (ICSI).

He has 8 years of work experience in accounts, audit, direct & indirect taxation. He has worked with Mahindra & Mahindra Limited, Mahindra Two Wheelers Ltd, CASE New Holland Construction Equipment India Private Limited and his experience will be very valuable fort/e Shakti Group.