Parle Industries Limited announced that the Board of Directors of the Company at its meeting held on 31st January, 2024, considered and approved Removal of Mr. Manish Gopaldas Patel, from the office of Chief Financial Officer and from the post of KMP of the Company with immediate effect. Reason for removal: Mr. Manish Gopaldas Patel has been booked by the Gujarat Police, FIR filed, investigation u/s 420,114 etc of IPC, and is accused for defrauding suppliers of Paper Waste Division, chargesheet filed, Board of Directors unanimously accorded their consent to Remove him from office of CFO with immediate effect.