Minda Corporation Limited has informed the Exchange regarding appointment of Mr. Ajay Agarwal as President - Finance & Strategy of the Company w.e.f. May 19, 2025
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Minda Corporation has appointed Mr. Ajay Agarwal as President - Finance & Strategy with effect from May 19, 2025. Mr. Agarwal is a Chartered Accountant and Lawyer with 24 years of total experience. He was previously President – Finance at Vedanta Limited and has also worked at KPMG and PwC. The appointment has been disclosed to the exchanges under SEBI Listing Regulations.
The appointment brings a senior finance leader with strong experience from Vedanta and global consulting firms (KPMG, PwC), which could strengthen Minda Corporation's financial planning and strategic execution. For shareholders, this signals continued focus on professionalising the finance function, though near-term stock impact is likely neutral.