1. Took Note of Resignation of Mr. Amit Kaushik, Chief Financial Officer and Chief Executive officer of the company from the post of Chief Financial Officer due to his pre-occupation and ....
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Inflame Appliances announced that Mr. Amit Kaushik, who held dual roles as both Chief Financial Officer and Chief Executive Officer, has resigned from the CFO position effective September 9, 2025, to focus on his duties as CEO. The board has appointed Dr. (CA) Bindu Bhardwaj as the new Chief Financial Officer effective September 10, 2025. She is a Chartered Accountant with a PhD from Thapar University and over 25 years of experience in finance, accounting, taxation, internal audit, and procurement management. The changes were approved at a board meeting held on September 9, 2025, based on the recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee. Continuity at the leadership level is maintained since the existing CEO remains in place.
This is a routine internal reshuffle with no disruption to leadership, as the CEO continues in role. The appointment of an experienced professional CFO may be viewed positively by investors for strengthening financial governance, though the change is unlikely to have a material impact on the stock price.