FORCE MOTORS LTD has informed the Exchange regarding Resignation of Mr Sanjay Kumar Bohra as Key Managerial Personnel (KMP) of the company w.e.f. Jun 09, 2025.
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Force Motors announced that Mr Sanjay Kumar Bohra has resigned as Chief Financial Officer and Key Managerial Personnel, effective close of business hours on 9 June 2025, citing personal commitments. The Board has appointed Mr Rishi Luharuka as the new Group CFO and KMP, effective from 10 June 2025. Mr Luharuka is a Chartered Accountant and CFA with over 23 years of experience across automotive, mining, construction, and garment industries, including leadership training from Oxford's Said Business School. The company also added Ms Ananya Bhattacharjee as Senior Divisional Manager (Corporate Communications) from 9 June 2025. The board meeting was brief, lasting about 11 minutes, indicating a focused agenda.
The change appears orderly and non-disruptive, with a same-day replacement. The new CFO brings strong credentials and cross-industry finance experience, which should reassure investors. No material governance red flags, as the outgoing CFO resigned for personal reasons rather than disputes.