StockWatch
·
Tyres & Rubber Products
Management Change17 Jun 2026, 05:30 pm

Balkrishna Industries Appoints New CFO, CFO Retires

AI Summary

Balkrishna Industries Ltd announced a change in its Key Managerial Personnel. Mr. Madhusudan Bajaj, the Chief Financial Officer, has retired upon attaining the age of superannuation, effective June 17, 2026. He will continue to serve as a Special Advisor to the Chairman & Managing Director. The company has appointed Mr. Saroj Kumar Khuntia as the new Chief Financial Officer, effective June 18, 2026. Mr. Khuntia brings over 24 years of experience in corporate finance, strategy, and treasury management.

Key Highlights

  • Chief Financial Officer, Mr. Madhusudan Bajaj, retires due to superannuation.
  • Mr. Bajaj will continue as Special Advisor to Chairman & MD.
  • Mr. Saroj Kumar Khuntia appointed as new Chief Financial Officer.
  • Mr. Khuntia has over 24 years of experience in finance and strategy.
  • Appointment is effective June 18, 2026.