Acme Solar Holdings Limited has informed the Exchange regarding Appointment of Mr Rajat Kumar Singh as Chief Financial Officer of the company w.e.f. May 20, 2025.
ACMESOLAR · price
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Acme Solar Holdings has appointed Mr. Rajat Kumar Singh as the new Group Chief Financial Officer (KMP and Senior Management Personnel) effective May 20, 2025, based on the recommendation of the Nomination and Remuneration Committee and Audit Committee. Mr. Singh brings around 32 years of experience across energy, infrastructure, real estate, and manufacturing sectors, with prior stints at Adani Group (as Group CFO), Lodha Group, Reliance Infrastructure, and GMR Infrastructure. Separately, Mr. Purushottam Kejriwal will transition out of his KMP role under Section 203 from the same date as part of an internal restructuring, but will continue to remain actively involved in the company's leadership and strategic matters. The board meeting approving these changes was held on May 19, 2025.
This is a routine leadership transition with no disruption expected; the new CFO has strong credentials from large infrastructure and energy groups, which may be viewed positively. Existing investor exposure remains unchanged as the outgoing KMP continues in a leadership capacity.