HONAUTNSEHoneywell Automation India Limited· Electronics - IndustrialHighNeutral
Announced Wed, 20 May · 17:29 IST

Honeywell Automation India Limited has informed the Exchange about change in Management

Auditor Resigned MidtermManagement Changes View source PDF

HONAUT · price

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AI summary

Honeywell Automation India Limited announced two management changes. The Board appointed Mr. Satish Agarwal as Chief Financial Officer and Key Managerial Personnel effective June 1, 2026. Satish is a chartered accountant with 20+ years of experience, currently serving as CFO of Honeywell India's Building Automation business, and has previously worked at PepsiCo and Tata Steel. Separately, Ms. Nandini Vishwas resigned as Internal Auditor effective August 1, 2026, citing internal movement within Honeywell. The Board expressed appreciation for her contribution during her tenure.

Likely market impact

The CFO appointment ensures continuity in financial leadership at the listed entity. The Internal Auditor's resignation appears routine as it is due to internal transfer within the Honeywell group, with adequate notice period given. No immediate concerns for shareholders as both transitions are smooth and well-planned.