Announced Wed, 17 Jun · 17:27 IST
Balkrishna Industries CFO change: Bajaj retires, Khuntia appointed
Management Changes View source PDF
BALKRISIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹2250.10
prior close
₹2264.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-0.8-1.0-0.9+0.4-0.0-0.8-1.2-0.6-2.7+0.2-8.5——
Up moveDown movePending
AI summary
Mr Madhusudan Bajaj ceases to be CFO of Balkrishna Industries on June 17, 2026 due to superannuation and will continue as Special Advisor to Chairman and MD. Mr Saroj Kumar Khuntia, a Fellow Chartered Accountant with over 24 years of experience in corporate finance, strategy, treasury and capital markets, takes over as new CFO from June 18, 2026. Khuntia previously worked at CG Power, Mahindra and Mahindra, IBM and Hindustan Lever.
Likely market impact
Smooth leadership transition. Outgoing CFO stays as advisor; new CFO brings 24 years of finance experience across major corporates. Likely neutral.