Board of Directors at its meeting held on September 09, 2025, took note about the Resignation of Mr. Amit Kaushik from the post of CFO of the Company.
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The Board of Directors of Inflame Appliances Ltd, at its meeting on September 9, 2025, noted the resignation of Mr. Amit Kaushik from the post of Chief Financial Officer (CFO), effective the same day. Mr. Kaushik will continue as Chief Executive Officer (CEO) of the company, citing pre-occupation and the need to devote more time to his CEO responsibilities. The Board, on the recommendation of the Nomination and Remuneration Committee and with approval of the Audit Committee, appointed Dr. (CA) Bindu Bhardwaj as the new CFO, effective September 10, 2025. Ms. Bhardwaj is a Chartered Accountant with over 25 years of experience in finance, accounting, taxation, internal audit, and ERP implementation, and holds a Ph.D. from Thapar University. The change ensures continuity in both top financial and executive leadership roles.
This is a routine internal restructuring — the outgoing CFO becomes CEO-focused, and an experienced chartered accountant steps in as CFO. No major governance red flags; likely neutral to mildly positive for shareholders as professional financial management is strengthened.