Spice Lounge Food Works Ltd
Spice Lounge Food Works Appoints New CFO Post-Resignation
MANAGEMENT
▲ Positive Development
LOW RISK
📅 Filed on BSE: 06 Aug 2026, 07:48 PM IST · BSE ID: 4c52db24-99d6-4cf9-bb94-34d5c482da00
View Original BSE Filing (PDF)
💡
In Simple Terms
The company has appointed a new finance chief after the previous one resigned for personal reasons.
🤖 AI Summary
- Mr. P.S. Phaninder Nath appointed as Spice Lounge Food Works CFO.
- Appointment follows resignation of Mr. Ravi Kumar Paritala on August 6, 2026.
- Mr. Paritala resigned citing personal reasons and will be relieved August 6, 2026.
- Board approved appointment based on recommendations from Nomination and Remuneration Committee.
🏢 How This Affects the Company
The company has appointed a new Chief Financial Officer, a key management role impacting financial oversight and strategy.
A change in CFO introduces a temporary transition risk until the new executive is fully integrated.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders.
👤
Who Is Affected
All shareholders are affected by changes in Key Managerial Personnel, which can influence company governance and financial direction.
🔍
Management Signal
The prompt appointment signals management's commitment to maintaining financial leadership stability.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
New CFO's integration into company operations.
Future financial disclosures and strategic announcements.
Performance of Spice Lounge Food Works in upcoming quarters.
LOW RISK
Routine management change; appointment made promptly to ensure continuity.
💡 Investor Takeaway
Spice Lounge Food Works appointed Mr. P.S. Phaninder Nath as CFO, effective immediately, following Mr. Ravi Kumar Paritala's resignation due to personal reasons.
❓ Frequently Asked Questions
Who has been appointed as the new CFO of Spice Lounge Food Works Ltd?
Mr. P.S. Phaninder Nath has been appointed as the Chief Financial Officer (CFO) of Spice Lounge Food Works Ltd.
Why did the previous CFO resign from Spice Lounge Food Works Ltd?
Mr. Ravi Kumar Paritala resigned from his position as CFO citing personal reasons.
When did Mr. Ravi Kumar Paritala's resignation as CFO take effect?
Mr. Ravi Kumar Paritala's resignation took effect from the close of business hours on August 6, 2026.
Who recommended the appointment of the new CFO at Spice Lounge Food Works Ltd?
The appointment of Mr. P.S. Phaninder Nath as CFO was based on the recommendation of the Nomination and Remuneration Committee and Audit Committee.
Questions based on this BSE filing only. For information purposes.