In an exchange filing, HIL said, ?KR Veerappan, chief financial officer and key managerial personnel of HIL has tendered his resignation as of 8 March 2022.?
The company further said that 10 May 2022 will be KR Veerappans last working day.
HIL, a flagship company of the CK Birla Group, offers comprehensive building materials and solutions. HIL has 5 major brands- Charminar, Birla Aerocon, Charminar Fortune, Birla HIL, and recently acquired German flooring brand, Parador.
On a consolidated basis, the company reported a 35% fall in net profit to Rs 34.15 crore on a 2.3% rise in net sales to Rs 821.44 crore in Q3 FY22 over Q3 FY21.
Shares of HIL were trading 0.13% higher at Rs 3,881.95 on BSE.
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