GTL Limited has informed the Exchange about change in Chief Financial Officer of the Company
GTL · price
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GTL Limited has announced a change at the Chief Financial Officer position effective August 6-7, 2025. Mr. Milind Bapat ceased as CFO upon his retirement at the close of business on August 6, 2025. The Board, on the recommendation of the Nomination and Remuneration Committee and Audit Committee, approved the appointment of Mr. Harshad Kulkarni as the new CFO and Key Managerial Personnel w.e.f. August 7, 2025. Mr. Kulkarni, aged 52, is a Chartered Accountant and Cost Accountant with over 28 years of experience in financial accounting, budgeting, taxes, internal audit, and Oracle Financials. He is currently serving as AVP - Finance & Accounts at GTL Limited, making this an internal promotion to the CFO role.
This is a routine internal succession at the CFO level with an experienced internal candidate taking over, suggesting continuity in financial leadership. No material governance concern is indicated; the transition appears orderly and well-planned.