Jivial Industries544805Senior KMP change
CFO appointed: Shubham Pravinbhai Sagpariya takes charge, filling vacancy after Dhara Jatin Vekariya's resignation
Jivial Industries has appointed Mr. Shubham Pravinbhai Sagpariya as Chief Financial Officer with effect from 22nd October, 2026.
By ScoutQuest · · 1 min read
- New CFO Appointed
- Mr. Shubham Pravinbhai Sagpariya
- Effective Date
- 22nd October, 2026
- Vacancy Caused By
- resignation of Ms. Dhara Jatin Vekariya from the CFO position
What was announced
- Mr. Shubham Pravinbhai Sagpariya has been appointed as the Chief Financial Officer of the company.
- The appointment is effective from 22nd October, 2026.
Why the position was open
- The appointment fills the casual vacancy caused by the resignation of Ms. Dhara Jatin Vekariya from the position of Chief Financial Officer.
- So this is a replacement at the CFO post, not an addition of a new position.
About the new CFO
- The update describes him as having a strong background in accounting and financial management.
- His stated experience covers handling accounts, taxation, budgeting, and financial reporting.
- The relationship disclosure required for such appointments is marked Not Applicable.
Why the CFO post matters
- The CFO is a key managerial person, responsible for the company's accounts, financial reporting, budgeting and internal financial controls.
- A named CFO signing off on the numbers is part of the checks that investors rely on when reading quarterly results.
- A clear, dated appointment removes uncertainty about who holds the finance function.
How to read this
- This is an administrative, disclosure-type update: one CFO has resigned and another has been appointed the same day.
- The update sets out the reason for the change and the date of appointment, and gives a brief profile of the new incumbent.
- For a retail reader, the practical follow-up is the company's periodic financial results and any further management disclosures, rather than this single announcement on its own.
Also from Jivial Industries
CFO Ms. Dhara Jatin Vekariya resigns with effect from 22nd October 2026
22 Oct 2026
Board approves alteration in IPO objects; CFO resigns, successor named
22 Oct 2026
Source: BSE · 22 Oct 2026
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