Management Change17 Jun 2026, 05:40 pm
Balkrishna Industries Appoints New CFO Post Superannuation
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 Board 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 and strategy.
Key Highlights
- Madhusudan Bajaj retires as CFO due to superannuation.
- Saroj Kumar Khuntia appointed as new CFO.
- New CFO appointment effective from June 18, 2026.
- Bajaj to continue as Special Advisor to CMD.
- Board meeting held on June 17, 2026, approved the changes.
Price Impact
More from BALKRISIND