Motherson Sumi Wiring India Limited has informed the Exchange about appointment of Chief Financial Officer of the Company
MSUMI · price
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Motherson Sumi Wiring India Limited has appointed Mr. Gulshan as its new Chief Financial Officer and Key Managerial Personnel, effective July 2, 2025. Mr. Gulshan is a Chartered Accountant with over 14 years of experience in finance, auditing, corporate finance, financial planning, SOX compliance, and corporate restructuring, with significant exposure to the automotive sector. Prior to this role, he served as a Director in Assurance Services at a Big 4 firm, where he led IPO readiness, M&A, financial restructuring, and digital transformation projects. The appointment was recommended by the Nomination and Remuneration Committee and the Audit Committee, and approved by the Board of Directors.
This is a routine leadership appointment that brings in a finance professional with strong Big 4 and automotive sector experience, which should reassure investors about the company's financial governance. No immediate material impact on stock price is expected.