Appointment of Chief Financial Officer
GENUSPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Genus Power Infrastructures Ltd has announced the appointment of Mr. Vinod Raheja as Chief Financial Officer effective May 18, 2026. Mr. Raheja is a 57-year-old Chartered Accountant with over 33 years of experience having served as CFO at companies like Minda Corporation, Akums Drugs & Pharmaceuticals, and JCB India Limited. Concurrently, Mr. Nathu Lal Nama has transitioned out of the CFO role as part of an internal leadership restructuring but will continue as Whole-time Director (Executive Director). The company also reported audited financial results with standalone net profit of Rs. 180.69 crores for FY26 and announced appointment of K. G. Goyal & Associates as cost auditors for FY27.
The appointment of an experienced external CFO like Mr. Raheja could bring fresh perspective and stronger financial governance. The leadership transition appears orderly with the outgoing CFO retaining a board position, suggesting no governance concerns. The company also announced a massive order book of Rs. 25,173 crores.