Alldigi Tech Limited has informed the Exchange about Resignation of Director/KMP/SMP
ALLDIGI · price
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Alldigi Tech Limited announced the resignation of Mr. Avinash Jain as Chief Financial Officer, effective June 21, 2026. Jain is leaving to take a new role within the Group/Holding Company focusing on financial transformation initiatives at the group level. The company simultaneously appointed Mr. Manish Agarwal as the new CFO and KMP, effective June 22, 2026. Agarwal brings over 22 years of finance experience, having worked at telecom companies, Royal Dutch Shell's GCC, and Olam Group where he led the demerger of Mindsprint (recently acquired by Wipro for $375 million). He is a Chartered Accountant with executive education from Stanford and Yale, and was recognized among India's Top 100 CFOs in 2022. The transition is smooth with just one day gap between the departure and new appointment.
The resignation appears amicable and restructuring-related rather than problematic, as the outgoing CFO is moving to a higher role within the group. The new appointee has an impressive background with global multinational experience, which could be positive for the company's financial leadership. The smooth one-day transition minimizes operational disruption.