Announced Fri, 10 Apr · 12:23 IST

Appointment of Chief Financial Officer

Cfo ResignedKmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹393.20
prior close
₹403.35
base price
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AI summary

Enkei Wheels (India) has appointed Mr. Dinesh Sarnaik, a Chartered Accountant, as its new Chief Financial Officer effective April 11, 2026. He takes over from Mr. Kunal Sudhir Dhoke, who had resigned on January 13, 2026, leaving the CFO seat vacant for about three months. Mr. Sarnaik brings around 18 years of experience in finance, taxation, treasury, compliance, and reporting, having previously worked with multinational and listed companies. The appointment was made on the recommendation of the Nomination and Remuneration Committee at a board meeting held on April 10, 2026.

Likely market impact

The new CFO brings strong finance and compliance expertise from listed and multinational firms, which should help stabilise financial reporting after a three-month gap. For shareholders, this fills a key leadership position, though the stock is unlikely to see a major reaction as CFO transitions are routine in nature.