StockWatch
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Breweries & Distilleries
Management Change27 Oct 2026, 02:31 pm

Radico Khaitan Appoints CFO to Board, Elevates Senior VP

AI Summary

Radico Khaitan Limited announced a significant management change following its Board of Directors meeting on October 27, 2026. Mr. Dilip Kumar Banthiya, currently the Chief Financial Officer, has been appointed as an Additional Director in the category of Whole-time Director, designated as "Executive Director and Chief Financial Officer" for a period of 3 years, effective October 28, 2026. This appointment is subject to shareholder approval. Additionally, Mr. Saket Somani, Senior Vice President- Finance & Strategy, has been designated as the Deputy Chief Financial Officer, also effective October 28, 2026. Mr. Banthiya brings over 35 years of experience in corporate finance, while Mr. Somani has around 20 years of experience in finance, strategy, and investor relations.

Key Highlights

  • CFO Dilip Kumar Banthiya appointed Whole-time Director and Executive Director & CFO.
  • Appointment is for 3 years, subject to shareholder approval.
  • Saket Somani designated as Deputy Chief Financial Officer.
  • Both changes are effective from October 28, 2026.
  • Banthiya has 35+ years of finance experience; Somani has 20 years.