Resignation of Mr. Avinash Jain from the position of Chief Financial Officer of the Company
ALLDIGI · price
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Alldigi Tech Ltd has announced the resignation of Mr. Avinash Jain as Chief Financial Officer and Key Managerial Personnel, effective June 21, 2026. Jain is transitioning to a new role within the Group/Holding Company. The Board has simultaneously appointed Mr. Manish Agarwal as the new CFO, effective June 22, 2026, ensuring continuity. The replacement brings over 22 years of finance experience, including senior roles at Royal Dutch Shell's GCC, Olam Group, and was instrumental in scaling Mindsprint which was recently acquired by Wipro for US$375 million. Agarwal is a Chartered Accountant and holds advanced degrees from Stanford and Yale.
The smooth transition with internal movement suggests no red flags. The appointment of an experienced external candidate with a strong track record in corporate finance and restructuring could be viewed positively by investors.