Info Edge Appoints New Independent Director, CFO Transition
Info Edge (India) Ltd announced board approvals for key management changes. Mr. Naresh Chand Gupta has been appointed as an Additional Director, designated as Non-Executive Independent Director for a five-year term starting October 1, 2026, subject to shareholder approval. Concurrently, Mr. Himanshu Agarwal will assume the role of Chief Financial Officer (CFO) and Additional Director (Whole-time Director) from September 17, 2026. This transition marks the conclusion of Mr. Ambarish Raghuvanshi's tenure as Interim CFO, though he will continue as Finance Advisor until October 31, 2026, to ensure a smooth handover. The company also revised its authorization for determining materiality and disclosures to stock exchanges.
Key Highlights
- Naresh Chand Gupta appointed Non-Executive Independent Director.
- Himanshu Agarwal to take over as CFO and Whole-time Director.
- Ambarish Raghuvanshi concludes Interim CFO role, stays as advisor.
- Board reconstituted committees to include new CFO.
- Authorization for disclosures revised due to KMP changes.
Price Impact
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