FORCE MOTORS LTD has informed the Exchange regarding Appointment of Ms Ananya Bhattacharjee as Senior Management Official of the company w.e.f. Jun 09, 2025.
FORCEMOT · price
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Force Motors has announced multiple management changes effective June 9, 2025. Mr. Sanjay Kumar Bohra has resigned as Chief Financial Officer and Key Managerial Personnel, citing personal commitments, with his exit effective from the close of business hours on June 9, 2025. The company has appointed Mr. Rishi Luharuka as the new CFO, designated as 'Group CFO', effective from the start of business hours on June 10, 2025. Luharuka is a qualified Chartered Accountant and CFA with over 23 years of experience across automotive components, mining & construction, and garment industries. Additionally, Ms. Ananya Bhattacharjee has been appointed as Senior Divisional Manager for Corporate Communications. The board meeting lasted only about 11 minutes (3:30 p.m. to 3:41 p.m.), indicating these were pre-planned decisions.
The CFO transition appears smooth with no gap—the outgoing CFO's last day and incoming CFO's first day are back-to-back, minimizing operational disruption. The new CFO brings strong credentials and cross-industry finance expertise, which is a positive signal. The outgoing CFO's reason (personal commitments) and the company's appreciation note suggest an amicable separation with no governance red flags. Shareholders should generally view this as a routine management refresh rather than a negative event.