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Kaarya Facilities and Services Ltd has announced the appointment of Mr. Jitendra Rathod as Chief Financial Officer (CFO) effective 03rd April, 2026. This appointment was made based on the recommendation of the Nomination and Remuneration Committee. Mr. Rathod is not a new hire—he has been associated with the company since June 2010, growing through various roles including Operations Manager, Senior Operations Manager, AGM Operations, and most recently as Business Head – Commercials. He brings over 15 years of experience in operations, commercial functions, and financial management. The Board believes his cross-functional experience and deep understanding of the company's business model make him well-suited for the CFO role.
This is a routine internal promotion that strengthens the company's financial leadership with an experienced insider who understands its operations and financial systems. No immediate impact on shareholders expected as this represents continuity rather than a change in financial strategy.