
Management Change29 May 2026, 12:02 am
Mahesh Viswanathan elevated to CEO, Sachin Naik appointed CFO
AI Summary
The Board of Directors, based on the Nomination & Remuneration Committee's recommendation, has approved key management changes. Mr. Mahesh Viswanathan, currently Dy. CEO & CFO, has been elevated to Chief Executive Officer, effective June 1, 2026. Mr. Viswanathan is a Chartered Accountant with 43 years of experience, including 18 years with the company. Concurrently, Mr. Sachin Naik has been appointed as the new Chief Financial Officer, also effective June 1, 2026. Mr. Naik brings 26 years of finance experience, having previously served as CFO and Head Legal & Secretarial at Shalimar Paints Limited.
Key Highlights
- Mahesh Viswanathan elevated to CEO from Dy. CEO & CFO.
- Sachin Naik appointed as the new Chief Financial Officer.
- Both appointments are effective from June 1, 2026.
- Viswanathan has 43 years of experience, 18 with the company.
- Naik brings 26 years of finance experience, previously CFO of Shalimar Paints.
Price Impact
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