Ajax Engineering Limited has informed the Exchange regarding Board meeting held on December 31, 2025.
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The Board of Ajax Engineering Limited, at its meeting on December 31, 2025, approved the appointment of Mr. Ganesh B J as Interim Chief Financial Officer (Key Managerial Personnel), effective the same day. He will hold this position until a new permanent CFO is appointed by the Board. Mr. Ganesh B J is a Chartered Accountant with over 15 years of experience, currently serving as the company's Financial Controller, and has previously worked at Ernst & Young, Coffee Day Global, PhonePe, Unacademy, and PharmEasy. The Board meeting ran from 4:32 PM to 4:43 PM. A revised list of KMPs authorized for materiality determinations was also provided, including the MD & CEO Shubhabrata Saha and Company Secretary Shruti Vishwanath Shetty.
This is an interim finance leadership appointment, suggesting a temporary gap at the CFO level. For shareholders, this is a near-term transition — the company is bridging the role internally with an experienced Financial Controller while it searches for a permanent CFO, which should provide continuity but warrants monitoring for any permanent appointment announcement.