Intimation for Appointment of Chief Financial Officer.
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Monarch Surveyors and Engineering Consultants Ltd has appointed Mr. Sanjay Premkumar Kandhari as its new Chief Financial Officer and Key Managerial Personnel, effective February 6, 2026. The appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee. Mr. Kandhari is a qualified Chartered Accountant with over 25 years of experience across manufacturing, infrastructure, shipping, FMCG, and services sectors, having managed organizations with revenues up to Rs. 1,190 crores. He brings expertise in fund raising, IPOs, mergers & acquisitions, financial restructuring, and compliance, having secured funding of over Rs. 485 crores in his career so far.
The appointment of a seasoned CFO with strong experience in IPOs, fund raising, and M&A could signal a positive strategic direction for the company, potentially preparing it for future growth or capital market activities. For shareholders, this brings experienced financial leadership to the table, which may improve governance and financial reporting quality.