Change in Chief Financial Officer and Key Managerial Personnel of the Company
ADANIENSOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Adani Energy Solutions Ltd announced that Mr. Kunjal Mehta has resigned as Chief Financial Officer and Key Managerial Personnel (KMP) with effect from the close of business on 30th May 2026, citing personal reasons. The Board has simultaneously approved the appointment of Mr. Ashok Jagetiya as the new CFO and KMP, effective 31st May 2026. Jagetiya is a Chartered Accountant with 30 years of finance experience and has been with the Adani Group since 2000, having previously served as CFO at Adani Green Energy Limited and Adani Global Pte Limited, Singapore. The appointment was recommended by the Nomination and Remuneration Committee and the Audit Committee.
The CFO transition is a routine management change. The appointment of an experienced internal candidate from the Adani Group provides continuity, but the sudden resignation citing 'personal reasons' may attract investor scrutiny in the near term.