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Nitco CFO Sitanshu Satapathy Resigns, Prompting Leadership Change in Finance Function

Story Highlights
  • Nitco Limited’s Chief Financial Officer Sitanshu Satapathy resigned effective January 13, 2026.
  • His exit as CFO and key managerial personnel marks a significant finance leadership change at Nitco Limited.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nitco CFO Sitanshu Satapathy Resigns, Prompting Leadership Change in Finance Function

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Nitco Limited ( (IN:NITCO) ) has provided an update.

Nitco Limited has announced that Chief Financial Officer and Key Managerial Personnel Mr. Sitanshu Satapathy has resigned from his role with effect from the close of business on January 13, 2026, citing future plans of self-engagement. His departure also ends his status as a senior management executive at the company, marking a notable change in the finance leadership structure and triggering disclosure obligations under Indian securities regulations, though the board has not yet indicated any immediate successor or changes to strategic direction.

More about Nitco Limited

Nitco Limited is an India-based manufacturer and marketer of tiles, marble and mosaico products, serving the building materials and interior finishes market from its registered office in Mumbai. The company operates in the ceramics and surface materials segment, supplying its products to residential, commercial and infrastructure projects across the country.

Average Trading Volume: 43,728

Technical Sentiment Signal: Hold

Current Market Cap: 19.38B INR

Find detailed analytics on NITCO stock on TipRanks’ Stock Analysis page.

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