Vishal Fabrics Limited (BSE: 538598) (NSE: VISHAL) announced the promotion of Mr. Vinay Thadani as CEO. He will replace Mr. Brijmohan Chiripal, who resigned from the post on May 19, 2022. However, Mr. Brijmohan Chiripal will continue to serve as the Managing Director of the Board of the Company.
Mr. Thadani joined Chiripal Group of Companies in the year 2017 and served as the Chief Financial Officer and Chief Operating Officer of Vishal Fabrics Ltd. Mr. Vinay Thadani is a Fellow Member of the Institute of Chartered Accountants of India.
He was responsible for planning, executing and managing the financial activities of the company and for enhancing the efficiency of the business. His commitment to achieving long term goals, his passion for overcoming problems and his humane approach are the factors responsible for the continued progress of Mr. Vinay Thadani.
Regarding this, Managing Director Mr. Brijmohan Chiripal said, “We are happy to promote Mr. Vinay as the CEO of Vishal Fabrics. His vast experience in the denim industry segment and his expertise in long-term engagement will be invaluable.
His exceptional abilities in corporate banking, finance, risk analysis and other branches of operations have been instrumental in the company’s consistent financial orientation. Given his deep understanding of our business and his effective ability to bring results to our market, we believe he will be the ideal leader to take on this responsibility. “
On this appointment, Mr. Vinay Thadani said, “I am proud to accept this new challenge and I am committed to exceeding the high expectations of our customers, partners, workers and other stakeholders for VFL. I am proud to have such a great opportunity. My continued engagement with Mr. Brijmohan Chiripal and the Board of Vishal Fabrics has given me the confidence that Vishal Fabrics is a long-term partner in achieving my business goals. ”