Piramal Enterprises Limited has informed the Exchange about Resignation of Mrs. Upma Goel, Chief Financial Officer.
Awaiting price reaction for this filing.
Piramal Enterprises has informed the stock exchanges about the resignation of Mrs. Upma Goel as Chief Financial Officer (CFO) and Key Managerial Personnel, effective 28th July 2025. Mrs. Goel, who spent four years with the company, has stepped down to pursue opportunities outside the group and is currently in a transition phase. The company also clarified that it is in the middle of a merger scheme with Piramal Finance Limited (PFL), and once the merger is completed, Mr. Vikash Singhla, the current CFO of PFL, will take over as the CFO of the combined entity. The company has not yet announced Mrs. Goel's last working day.
The CFO exit is a senior leadership change, but the company has a clear succession plan in place via the PFL merger, which should limit uncertainty for shareholders. Investors will watch for the merger completion timeline and a smooth transition to the new CFO.