Mamata Machinery Limited appoints President to Strengthen Management Bandwidth

Mamata Machinery Limited ('Mamata' or 'the Company'), a complete flexible packaging machinery solution provider with extensive global presence, is pleased to announce the appointment of Mr. Rajashekar Venkat as President of the Company, effective May 05, 2025. This leadership appointment aims to strengthen the Company's management bandwidth, with a key focus on the packaging machinery division, a crucial growth driver for Mamata going forward.

The appointment of Rajashekar Venkat is a step in Mamata's ongoing commitment to strengthening its leadership team and expanding its footprint in the global packaging machinery market. His expertise and experience are expected to contribute in driving innovation, operational efficiency, and market penetration, furthering the Company's position in this industry.

Profile of Mr. Rajashekar Venkat

With over 27 years of extensive experience in capital equipment manufacturing, Rajashekar Venkat brings extensive knowledge & proven leadership in engineering companies that specialize in high-end machinery & capital equipments. His experience spans printing & packaging machinery, industrial machinery, pharmaceutical machinery, and analytical instruments. This diverse background equips him with a deep understanding of the various modalities involved in manufacturing sophisticated capital goods.

Throughout his career, Rajashekar has held senior leadership roles at companies such as Kennametal, MarkemImaje, Mettler Toledo, and Domino Printing. In these roles, he has been instrumental in driving strategic growth initiatives, operational excellence, and digital transformation across the Asia and MENA regions.

Shares of Mamata Machinery Limited was last trading in BSE at Rs. 377.85 as compared to the previous close of Rs. 370.90. The total number of shares traded during the day was 32817 in over 1344 trades.

The stock hit an intraday high of Rs. 382.00 and intraday low of 369.40. The net turnover during the day was Rs. 12298052.00.

Source : Equity Bulls

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