Banco Products appoints Mahendra Nath Mahato as deputy general manager – purchase

Banco Products (India) Limited announced the appointment of Mahendra Nath Mahato as deputy general manager – purchase, effective October 4, 2025. This move was communicated to the BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Mahato brings extensive experience to his new full-time employment role, holding a bachelor's degree in mechanical engineering and boasting over 18 years in purchase and vendor development. His professional background includes associations with companies such as Remsons Industries Limited, Lumax Mannoh Allied Technologies Limited, Lumax JOPP Allied Technologies Limited, and Best Koki Automotive Private Limited.

The company's communication confirmed that there are no relationships between Mr. Mahato and the existing directors, ensuring an independent appointment.