Reliance Naval and Engineering Limited (RNAVAL), an Indian shipbuilding and heavy industry company, announced that Madan Pendse has resigned as Chief Financial Officer of the company, with effect from May 31, 2022.
According to the company’s exchange filing, “we hereby inform that Mr. Madan Pendse has resigned from the post of Chief Financial Officer (CFO) of Reliance Naval and Engineering Limited (RNAVAL) (“the Company”) with effect from 31th May 2022 due to personal reasons.”
Reliance Naval and Engineering Limited, formerly known as Reliance Defence & Engineering Limited and prior to that as Pipavav Shipyard Limited and Pipavav Defence & Offshore Engineering Company Limited is an Indian shipbuilding and heavy industry company headquartered in Mumbai.