Appointment of Mr. Satish Agarwal as the Chief Financial officer and Key Managerial Personnel of the Company w.e.f June 1, 2026.
HONAUT · price
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Honeywell Automation India Limited announced two management changes at its Board meeting on May 20, 2026. First, Mr. Satish Agarwal has been appointed as Chief Financial Officer and Key Managerial Personnel effective June 1, 2026. He is currently the CFO of Honeywell India's Building Automation business for ASEAN & East Asia Region and is a chartered accountant with prior experience at PepsiCo and Tata Steel. Second, Ms. Nandini Vishwas has resigned from the position of Internal Auditor effective August 1, 2026, citing internal movement within Honeywell. The Board accepted her resignation and expressed appreciation for her contributions.
The CFO appointment appears to be an internal promotion with no immediate concerns. The Internal Auditor's resignation is due to internal movement within Honeywell, suggesting a planned transition rather than a governance issue.