CARE Ratings Limited has informed the Exchange about change in Management
CARERATING · price
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CARE Ratings Limited announced a leadership change in its technology function. Mr. Nadir Bhalwani stepped down as Chief Information and Technology Officer (CITO) effective March 31, 2026, citing personal reasons. He had tendered his resignation via email. In a seamless transition, Dr. A Shiju Rawther has been appointed as the new CITO effective April 1, 2026. Dr. Rawther brings over 23 years of technology leadership experience, having previously worked with SBI Funds Management, Poonawalla Finance, IIFL Finance, and Wipro. He holds a PhD in Computer Science and Engineering from Hindustan Institute of Technology & Science, Chennai.
The CITO change appears to be a routine succession within the company and is unlikely to have any immediate material impact on CARE Ratings' business operations or stock performance, given the seamless handover on the next business day.