StockWatch
·
Diversified Commercial Services
Management Change22 Sept 2026, 01:53 pm

Majestic Auto Appoints Puneet Verma as CFO

AI Summary

Majestic Auto Ltd has announced the appointment of Mr. Puneet Verma as its new Chief Financial Officer (CFO). The appointment was approved by the Board of Directors on September 22, 2026, following recommendations from the Nomination and Remuneration Committee and the Audit Committee. Mr. Verma brings over 10 years of experience in financial management, accounting, taxation, and regulatory compliance. His expertise includes direct and indirect taxation, GST, TDS, NBFC compliances, audits, financial reporting, and working capital management. He holds degrees in Law, Commerce, and Bachelor of Commerce, equipping him with a strong foundation in financial, taxation, and legal matters to support the company's growth objectives.

Key Highlights

  • Puneet Verma appointed as Chief Financial Officer.
  • Appointment effective from September 22, 2026.
  • Verma has over 10 years of finance and taxation experience.
  • He holds LL.B., M. Com, and B. Com degrees.
  • Appointment approved by the Board of Directors.